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Sales drop at WHSmith’s high street stores
WH Smith High Street sales fall amid talks to sell stores
WH Smith has revealed a drop in High Street sales amid talks of selling 500 of its UK shops. Its High Street sales fell 6% in the 21 weeks to January 25, covering the key Christmas period, down 3% on the previous year.
Sales drop at WHSmith’s high street stores as it looks for buyer
WHSmith has been slashing costs in the high street stores to improve profitability as it grapples with the shift to online shopping, which has affected the number of customers visiting stores. The high street arm’s underlying annual profits after the Covid-19 pandemic fell from about £60mn to £32mn in the year to August 2024.
WH Smith reveals sales slumps as iconic chain with 500 stores mulls quitting high street
The news comes just days after the company confirmed discussions about potentially selling off its high street stores to concentrate on its larger travel operation.
2d
on MSN
British retail faces a reckoning as 232-year-old chain looks to sell its high street stores
British retailer WH Smith is looking to sell its historic high street business to focus on its travel store unit in the ...
1d
on MSN
Portsmouth leaders break ground on new affordable housing on High Street
Bains Point, located on High Street, is set to house upwards of 100 people once construction is complete by 2026.
10d
Major high street bank ‘considering quitting the UK’ after two decades
Britain lost a net 10,800 millionaires last year, a 157 per cent increase on 2023, including 78 centi-millionaires (worth at ...
Hanover Evening Sun on MSN
2d
Temporary signals being upgraded at busy High Street intersection in Hanover on Wednesday
New temporary signals being installed two months after prior temporary signals come as part of a contract awarded for ...
3d
on MSN
Uncertainty for WH Smith high street shops as private equity firms ponder deal
Uncertainty for WH Smith high street shops as private equity firms ponder deal - It is understood private equity groups Hilco ...
3d
High street charity shop chain to shut 77 stores in fresh wave of closures
In a crushing blow to the UK's high streets, the disability charity Scope is contemplating closing nearly half its stores.
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