Sales drop at WHSmith’s high street stores as it looks for buyer
WHSmith has been slashing costs in the high street stores to improve profitability as it grapples with the shift to online shopping, which has affected the number of customers visiting stores. The high street arm’s underlying annual profits after the Covid-19 pandemic fell from about £60mn to £32mn in the year to August 2024.
The British high street has suffered over the last few years and many retailers have been forced to close some of their brick ...
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WHSmith to close this Saturday as Post Office awaits reopeningREAD MORE: Future of town centre Post Office secured as new operator appointed. The Post Office has confirmed that th ...
An iconic high street brand has issued an important update on the future of post offices within its stores, after fears were ...
Earlier this month, WHSmith announced it is set to close 17 of its stores, following a string of closures last year. At the height of its popularity, half the British population purchased their ...
Private equity firms and HMV's owner are among potential bidders for WHSmith's 500-strong high street retail portfolio as its ...
WHSmith’s high street stores have been woefully under-invested, with the business doing as little as possible to bring them ...
But in recent years, WHSmith has tarnished the gleaming reputation it build up in the 1960s-1980s with its near-constant clearance sales and 'overpriced rubbish'. And now, after struggling to keep ...
As WHSmith revaluates the future of its high street business, Retail Gazette takes a look at how it got here and what’s next ...
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