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.
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.
WHSmith sale talks throw Romsey store's future into question
The talk of WHSmith's sale has raised questions surrounding its Romsey branch and the company is yet to confirm it will stay open after
WHSmith high street sales sink ahead of possible sale
WHSmith said its high street division had traded in line with expectations over the golden quarter despite another weak performance as it sounds out prospective buyers.
WHSmith in talks to sell its high street chain
UK retailer WHSmith is in talks to sell its high street chain more than two centuries after it opened its first shop in London. The company, which has been focusing on its outlets in airports, hospitals and train stations in recent years,
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.
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.
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.
Carlisle shoppers react to WH Smith's potential high street sale
Carlisle shoppers have shared their thoughts on the announcement by WH Smith that it’s in talks to sell its high street arms.
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WHSmith to close this Saturday as Post Office awaits reopening
READ MORE: Future of town centre Post Office secured as new operator appointed. The Post Office has confirmed that th ...
Post Office: WHSmith gives update on closures - jobs uncertain as sale news sees stores possibly closing down
An iconic high street brand has issued an important update on the future of post offices within its stores, after fears were ...
WHSmith’s high street exit: Avoidable, or a long time coming?
As WHSmith revaluates the future of its high street business, Retail Gazette takes a look at how it got here and what’s next for the British high street staple.
Daily Mail3d
WHSmith 'could see job losses and store closures' as private equity suitors eye up £100million takeover of its High Street shops
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 ...
WHSmith issues brutal update with 500 high street shops at risk
The decision to put 500 UK high street WH Smith stores up for sale has created uncertainty for 5,000 staff this week.
Five major retailers shutting stores across UK in February - from WHSmith to Superdrug
The list is led by WHSmith, the iconic blue and white flagship high street staple, which has confirmed as many as 500 stores ...
Daily Mail4d
How WHSmith became the UK's ultimate stationery destination in the 1970s - before 'abandoning its heritage' amid fears over future of high street icon
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 ...
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Accrington's WHSmith shop to close as 17 branches to shut down for good
The shops are to close their doors as the retailer confirms plans to sell its 500 high-street outlets and focus on its ...