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WH Smith reveals falling high street sales amid talks to sell the division
The group said total high street sales dropped 6% in the 21 weeks to January 25, down 3% on a like-for-like basis, while travel shops saw 6% growth.
WH Smith: Travel drives growth ahead of possible high street exit
Revenue at WH Smith rose four per cent in the first half of the financial year, driven by growth in its travel stores as it prepares to exit the high street. Total travel revenue rose six per cent like for like in the 21 weeks to January 25,
WH Smith Sale of Stores Could Mean Default Event, Jefferies Says
British retailer WH Smith Plc’s potential sale of its high street business risks triggering an event of default on its debt, according to the convertible bond desk at Jefferies.
3d
on MSN
British retail faces a reckoning as 232-year-old chain looks to sell its high street stores
British retailer WH Smith is looking to sell its historic high street business to focus on its travel store unit in the ...
The Daily Item
3d
Fire Dept. responds to High St. fire
The Fire Department responded to a fire that broke out inside a three-story apartment building on High Street Sunday evening.
3d
Woolworths, Wilko and now WH Smith – why Britain’s high-street stalwarts don’t deserve to survive
With the news that another veteran retailer may be shutting its doors, Helen Coffey asks whether any of the UK’s heritage ...
The Independent
3d
WH Smith: Why now is an ‘odd time’ to sell and what the future holds for its high street stores
The retailer, which operates nearly 500
high street
shops, has confirmed it is exploring a possible sale of this part of its business. “WH Smith confirms that it is exploring potential strategic ...
Hanover Evening Sun on MSN
3d
Temporary signals being upgraded at busy High Street intersection in Hanover on Wednesday
New temporary signals being installed two months after prior temporary signals come as part of a contract awarded for permanent signals, PennDOT said.
2d
All the high street store closures happening in February including WHSmith and Millets
High streets across the UK face big changes this month as the retail sector prepares for a fresh wave of store closures.
2d
Iconic retailer sees high street sales slump as it considers selling 500 outlets
The company confirmed on Sunday that it was in talks to offload its 500-strong high street chain after months of speculation ...
4d
on MSN
Uncertainty for WH Smith high street shops as private equity firms ponder deal
Uncertainty for WH Smith high street shops as private equity firms ponder deal - It is understood private equity groups Hilco ...
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