All WHSmith articles – Page 15
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NewsWHSmith: What the analysts say
WHSmith this morning reported a 5% uplift in pre-tax profit to £69m in the six months to February 28, despite a 5% slump in group like-for-like. Retail Week takes a look at the City reaction
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NewsWHSmith profits up 5% despite sales fall in first half
WHSmith has reported a 5% uplift in group pre-tax profit to £69m in the six months to February 28.
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NewsWHSmith returns to entertainment market after HMV collapse
Books and stationery retailer WHSmith has started selling CDs and DVDs in some stores it had axed the category from following the collapse of entertainment retailer HMV.
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OpinionNick Bubb's Verdict: Sales bad, profits good at WHSmith... again
Bearish hedge funds have been targeting several UK retailers in recent weeks, expecting their shares to go down after disappointing trading at Christmas.
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AnalysisWHSmith 20-week update: What the analysts say
WHSmith has once again generated profit through cost cutting despite posting like-for-like sales down 5% in the 20 weeks to January 20. Retail Week looks at analyst comment.
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NewsWHSmith like-for-likes drop 5% but it delivers 'good profit'
WHSmith like-for-like sales dropped 5% for the 20 weeks to January 20, but the book and stationery retailer said it delivered a “good profit performance” during the period.
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NewsWHSmith boss Kate Swann bags £3.3m
WHSmith chief executive Kate Swann could be in line to receive a further £2.6m as well as her £3.3m salary and share payouts.
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AnalysisAnalysis: Why have UK retailers struggled to crack America?
As Tesco looks set to exit the US, Retail Week takes a look at why British retailers have found it a tough market to crack.
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NewsWHSmith poised to open in Russia
WHSmith is to open stores in Russia as part of an international expansion strategy.
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AnalysisAnalysis: Where next for the books market?
The growth of ereaders and etail means bricks-and-mortar books retailing has been hit hard. Rebecca Thomson looks at how booksellers can survive and how the market is likely to evolve.
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NewsWHSmith like-for-likes dip 4%
WHSmith like-for-likes dropped 4% in the first 10 weeks of its financial year.
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AnalysisProfile: Steve Clarke, chief executive, WHSmith
WHSmith’s head of high street and Kate Swann’s right-hand man is primed to take over as chief executive.
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OpinionComment: Time to say enough is enough on rates burden
Retailers faced up to a grim reality this week. They now know the financial blow they will take as a consequence of the Government’s policy to link business rates to September’s RPI.
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NewsWHSmith launches new formats as it grows travel division
WHSmith is trialling new travel store formats, including a kids’ toy and book store, to optimise its use of store space.
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AnalysisAnalysis: Where next for outgoing WHSmith chief executive Kate Swann?
Kate Swann’s revelation this morning that she is stepping down as chief executive at book and stationery retailer WHSmith was a surprise only in its timing as analysts commented that after nine years at the helm it was just a case of when Swann would fly the nest.
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OpinionComment: How is WHSmith still managing to make money?
Many people will be left shaking their heads in wonder today when they find out that WHSmith’s pre-tax profits for the year to the end of August have risen 10% to £102m.
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AnalysisProfile: WHSmith's chief executive in waiting, Steve Clarke
Steve Clarke will have big boots to fill when he takes up the chief executive role at books and stationery retailer WHSmith next June, taking over from the City’s much-loved Kate Swann who has helped deliver rising profits at the business for almost 10 years.
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OpinionNick Bubb's verdict: WHSmith - The margin was the message
Kate Swann’s real achievement over the past nine years has been engineering a huge rise in the company’s gross margin.
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AnalysisKate Swann's departure: What the analysts say
As WH Smith stalwart Kate Swann revealed she is to step down from the chief executive post next year, some analysts have questioned whether the wheels are about to come off the books and stationery retailer.
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OpinionComment: WHSmith, where less is more
Unchanging interiors and falling sales – what makes WHSmith so efficient…and good?