All WHSmith articles – Page 4
-
Retail Navigator Analysis
WHSmith (Overview)
With 1,250+ Travel stores globally (in airports, railway stations, hospitals etc) and around 500 High Street stores across the UK, WHSmith is the UK’s leading specialist newsagent, a category covering books, greetings cards and other stationery, in addition to newspapers and magazines.
-
Retail Navigator Analysis
WHSmith (Financials)
WHSmith’s Travel division accounted for 74% of group sales and 84% of headline trading profit in FY2023 and drove a 28% increase in group sales to £1,793m in the year to 31 August 2023 as footfall continued to strengthen.
-
Analysis
Arrivals and departures – how WHSmith, Dixons and Monsoon see direction of travel retail
As restrictions ease across the world, Dixons, WHSmith and Monsoon are taking differing approaches to prepare for the return of travel
-
News
WHSmith launches £325m fundraise to open 100 new travel stores
WHSmith has unveiled plans to launch a £325m fundraise as the retailer doubles down on the expansion of its challenged travel division.
-
News
WHSmith hails ‘better than expected’ sales as high street stores recover
WHSmith has posted a “better than expected” performance during the first two months of 2021 as its high street stores mounted a sales recovery.
-
News
WHSmith delivers ‘better than anticipated’ Christmas as sales recover
WHSmith has hailed a “better than anticipated” performance during the Christmas period as it continued to rebuild its top line.
-
Analysis
Why WHSmith boss Cowling sees ‘big opportunity’ from the pandemic
After a bruising year for both the high street and travel hubs amid the coronavirus pandemic, WHSmith suffered losses of £69m in the 12 months to August 31, compared with £155m profit last year.
-
News
WHSmith tumbles to full-year loss as sales slide
WHSmith has fallen into the red at the full-year mark as the retailer’s sales across travel and the high street were “heavily impacted” by the pandemic.
-
Analysis
Analysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
-
Interview
Interview: WHSmith duo Cowling and Keir – why our travel division isn’t grounded
As WHSmith launches its one-stop-shop at Heathrow Terminal 2, chief executive Carl Cowling and managing director Toby Keir tell Retail Week why they believe the sky’s the limit for the travel division – despite tough times on the high street.
-
Gallery
Store gallery: WHSmith’s new ‘blended essentials’ Heathrow store
WHSmith’s latest travel retail concept, launched in Heathrow airport’s Terminal 2, features a mix of health and beauty, gifts, books and snacks to create a travel one-stop-shop.
-
News
WHSmith demands rent cuts as pandemic hits revenues
WHSmith has become the latest retailer to demand rent cuts from landlords in a bid to contain spiralling costs and offset sliding sales due to the coronavirus pandemic.
-
News
WHSmith restructuring plans put 1,500 jobs at risk as sales plummet
WHSmith is in consultation with staff over restructuring that could lead to as many as 1,500 redundancies across the entire business.
-
Analysis
Analysis: How WHSmith is preparing for travel retail to take off again
The world’s travel plans have gone awry during the coronavirus pandemic, depriving WHSmith of shoppers in its travel stores, but boss Carl Cowling is confident he can pilot the retailer to a safe landing.
-
News
WHSmith sales decimated by coronavirus as first-half profits dip
WHSmith’s sales have been obliterated by the coronavirus as lockdown restrictions decimated its travel division.
-
News
WHSmith raises £165m through share placing amid coronavirus crisis
WHSmith has successfully raised more than £165m to shore up its balance sheet amid the current ongoing health crisis.
-
News
WHSmith launches equity fundraising to beat coronavirus downturn
WHSmith plans to raise cash through an equity issue as it battles the business impact of the coronavirus outbreak.
-
News
WHSmith and Sainsbury’s extend supply tie-up in hospital stores
WHSmith and Sainsbury’s have extended their supply partnership to hospitals to help support NHS staff during the coronavirus pandemic.
-
Opinion
Coronavirus: Cash, agility and customer focus will mark retail’s winners
The likely collapse into administration of Laura Ashley is not solely the result of coronavirus. The pandemic was sadly the last nail in the coffin of a retailer that has struggled to appeal to shoppers for some time.
-
Opinion
Opinion: Coronavirus – what retailers do now will define them in the future
As 21st-century consumers, we’ve gotten used to having the world at our fingertips. Then seemingly overnight, all the stuff we take for granted is in question – access to healthcare; groceries on shelves; the ability to travel, go to school, socialise with friends.