All WHSmith articles – Page 3
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Opinion
'Be bold - game-changing hires can add real value in a recession'
Cancelling or postponing key appointments is a false economy. Investment in people is a relatively small outlay and can make all the difference, says Clarity founder Fran Minogue
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Analysis
Analysis: Is WHSmith underestimating the power of the high street?
In the same week that Primark and Marks & Spencer lauded the return of shoppers to the high street, WHSmith’s focus remains on its travel business – is it missing a trick?
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News
WHSmith back in the black after year of 'significant recovery'
WHSmith has reported a return to profit and said its flagship travel arm is in its “strongest ever position” after it bounced back in the wake of the pandemic.
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News
WHSmith hails ‘strong’ trading as travel retail rebounds
WHSmith has posted a surge in sales as the performance of its travel division outstripped pre-Covid levels.
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News
City centre footfall battered by rail and tube strike chaos
Footfall dropped across city centre shopping destinations as people opted to stay home and avoid the strikes.
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News
WHSmith sales soar ahead of pre-pandemic levels as travel recovers
WHSmith has reported sales ahead of pre-pandemic levels for the first time as revenues soared off the back of a strong recovery in travel.
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News
WHSmith boss Cowling: ‘We’re confident that travel is back for good’
WHSmith chief executive Carl Cowling has told Retail Week he is sure the leisure travel industry will boom through the summer and beyond – giving his travel stores a boost.
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News
WHSmith bounces back into black as travel retail rebounds
WHSmith has swung back into profit and insisted that its recovery from the coronavirus pandemic is “well underway”.
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News
Funky Pigeon suspends orders following cyberattack
Online cards and gifts retailer Funky Pigeon has taken its systems offline and temporarily suspended all orders following a cybersecurity breach last week.
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News
WHSmith launches Deliveroo trial in latest on-demand partnership
WHSmith is the latest retailer to partner with Deliveroo on a super-fast delivery trial.
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Gallery
Store gallery: WHSmith launches first ‘Just Walk Out’ store in the US
WHSmith has opened its first checkout-free store in LaGuardia Airport in New York.
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News
WHSmith shareholders revolt over executive bonuses
WHSmith has been hit by a shareholder revolt over plans to pay a £550,000 bonus to its chief executive Carl Cowling.
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News
WHSmith Christmas sales slide as retailer eyes travel sales resurgence
WHSmith has recorded a fall in sales over the Christmas trading period but has stressed it does not expect the Omnicron variant to derail its travel sales recovery.
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Gallery
Store gallery: First WHSmith and InMotion combined store touches down at Stansted
WHSmith has unveiled its latest travel store format: a combined WHSmith and InMotion store at London Stansted Airport.
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News
WHSmith to trial Amazon’s Just Walk Out tech as its focuses on international expansion
WHSmith will open its first checkout-free store by the end of the year at an airport in a major US city using Amazon’s Just Walk Out technology.
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News
Investor builds ups stake in WHSmith with eye to international travel rebounding
Los Angeles-based activist investor Causeway Capital has boosted its stake in WHSmith amid hopes of a global bounce-back in travel.
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News
WHSmith warns on future profit uncertainty despite high street and travel rebound
WHSmith said it expects the outcome for the year to August 31 to be ahead of expectation after an uptick in high street and travel trading, yet warned ongoing uncertainty could impact profits in future.
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News
WHSmith to open string of airport tech stores as travel recovery begins
WHSmith has announced that it will open 18 new airport stores under its InMotion fascia.
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Retail Navigator Analysis
WHSmith (SWOT)
A relentless focus on business efficiencies had seen operating margin across the group as a whole rise from less than 3% into double figures over the 10 years to 2019. While the pandemic decimated profits, the retailer moved back into the black in FY2022, with group operating margin increasing to a very respectable 8.7% in FY2023.
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Retail Navigator Analysis
WHSmith (Strategy)
WHSmith is on a mission to extend its ranges and add more product categories to drive up average transaction values and conversion rates. The retailer is increasingly turning to partnerships with other retailers to drive this.