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.
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WHSmith 'prime example' of why UK's high street has failed as it's 'losing relevance'EXCLUSIVE A leading retail expert has slammed WHSmith for failing to evolve in the same week that the interest over buying ...
An iconic high street brand has issued an important update on the future of post offices within its stores, after fears were ...
The British high street has suffered over the last few years and many retailers have been forced to close some of their brick ...
Earlier this month, WHSmith announced it is set to close 17 of its stores, following a string of closures last year. At the height of its popularity, half the British population purchased their ...
WHSmith confirmed this week that it has hoisted a ‘For Sale’ sign over its entire high street business, more than 230 years after it opened its first store. The retailer known for its ...
Private equity firms and HMV's owner are among potential bidders for WHSmith's 500-strong high street retail portfolio as its ...
But in recent years, WHSmith has tarnished the gleaming reputation it build up in the 1960s-1980s with its near-constant clearance sales and 'overpriced rubbish'. And now, after struggling to keep ...
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WHSmith at The Malls in Basingstoke to close this SaturdayWH Smith store in The Malls will officially close at noon on Saturday, February 1, marking the end of an era for the retailer, which has operated at this site since 1968. As previously reported, the ...
WHSmith’s high street stores have been woefully under-invested, with the business doing as little as possible to bring them ...
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