UK's WH Smith says it is exploring potential sale of high street arm
- Wh Smith is exploring a potential sale of its entire high street business in Britain, after more than 230 years of operation.
- The high street arm includes about 500 stores and employs around 5,000 people across the country.
- The travel business now generates 75% of the company's revenue and 85% of profits, reflecting higher margins.
- This potential sale marks a significant change for the British high street, as noted by an analyst.
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Total News Sources0
Leaning Left8Leaning Right8Center21Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
56% Center
L 22%
C 56%
R 22%
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