By Emily Hardy2017-10-13T06:00:00+01:00
As WHSmith turns 225 years old, the high street stalwart is still adapting to changing conditions, recently launching its latest new-format store in Reading.
WHSmith – celebrating its 225th anniversary this year – will show how its travel business has continued to soar when it issues preliminary results next week.
WHSmith posted a surge in pre-tax profits bolstered by its travel division, whose total sales surpassed its high street division for the first time.
The news that Boots is reviewing its UK store portfolio has been met with a large degree of shock and surprise. Given what is happening to virtually every retailer with a mature store estate, why should this be the case?
Shop prices increased during May at the second highest rate in the past six years, driven by non-food inflation and “spiralling” business property tax.