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WH Smith High Street sales fall amid talks to sell stores
WH Smith has revealed a drop in High Street sales amid talks of selling 500 of its UK shops. Its High Street sales fell 6% in the 21 weeks to January 25, covering the key Christmas period, down 3% on the previous year.
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 reveals sales slumps as iconic chain with 500 stores mulls quitting high street
The news comes just days after the company confirmed discussions about potentially selling off its high street stores to concentrate on its larger travel operation.
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.
Sales drop at WHSmith’s high street stores as it looks for buyer
Sales at WHSmith’s UK high street stores fell during the key festive period, as the retailer seeks to sell off the units. The FTSE 250 company known for its stationery and books, last week confirmed it was reviewing strategic options for about 500 high street shops,
WH Smith’s Share Price Spikes 6% As Travel Sales Take Off
Group revenues rose 3% during the 21 weeks to 25 January, as sales growth in Travel continued to offset problems on the High Street.
All the high street store closures happening in February including WHSmith and Millets
Find out which brands are shutting doors for good next month as some of the country's biggest names announce a wave of store closures
WH Smith high street sales continue to suffer amid sale talks
WH Smith shares jumped on Wednesday as the retailer revealed strong growth in its travel business has continued to offset the ongoing decline of its high street business.
2d
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 ...
2d
on MSN
Portsmouth leaders break ground on new affordable housing on High Street
Bains Point, located on High Street, is set to house upwards of 100 people once construction is complete by 2026.
10d
Major high street bank ‘considering quitting the UK’ after two decades
Britain lost a net 10,800 millionaires last year, a 157 per cent increase on 2023, including 78 centi-millionaires (worth at ...
Hanover Evening Sun on MSN
2d
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.
The Independent
5d
WH Smith considers axing its high street stores after 230 years
WH Smith is in talks to sell its
high street
shops, the retailer has announced. The firm is talking to prospective buyers for its
high street
stores – which employ around 5,000 people – as it ...
3d
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 ...
3d
High street charity shop chain to shut 77 stores in fresh wave of closures
In a crushing blow to the UK's high streets, the disability charity Scope is contemplating closing nearly half its stores.
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