WHSmith is the UK’s leading specialist multiple newsagent, a category covering books, greeting cards, stationery, newspapers, magazines, confectionary and more. Operations are divided into two divisions by location type: high street and travel. Retail Week provides news, analysis, features and opinion about WHSmith and the books, cards and stationery sectors.
WHSmith share price plummeted to a 17-year low this morning (September 16) as rising costs and travel disruption hit profits.
Specialist travel retailer WHSmith expects full-year earnings to be at the lowest end of expectations amid tough trading conditions.
WHSmith is downsizing the store portfolio of its souvenir chain Curi.o.city as it looks to rightsize the group’s bricks-and-mortar estate, Retail Week can reveal.
WHSmith has sold its portfolio of fashion stores in North America as it doubles down on its focus to become a leading travel specialist.
A court go-ahead for the restructuring of TGJones can only be the start of what’s needed to restore its fortunes, observes George MacDonald
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