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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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Northern Ireland WorldNorthern Ireland World
+15 Reposted by 15 other sources
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Post Office: WHSmith gives update on closures - jobs uncertain as sale news sees stores possibly closing down

The high street faces an uncertain future as the retailer explores a potential sale 📬

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khbrknews broke the news in on Saturday, January 25, 2025.
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