WH Smith, Business, Retail industry Business | The Guardian
Surprise move frees up parent company of 232-year-old chain to focus on successful travel armThe WH Smith name could disappear from the high street after its owner hoisted the ‘for sale’ sign over its legacy retail business, in a surprise move that creates uncertainty for its 5,000 staff.This weekend, the eponymous parent company, which is listed on the stock market, confirmed it is seeking a buyer for its 500 high street stores, in a shake-up that would free it up to focus on its more successful travel arm, which has branches in airports all over the world. Continue reading…
Surprise move frees up parent company of 232-year-old chain to focus on successful travel arm
The WH Smith name could disappear from the high street after its owner hoisted the ‘for sale’ sign over its legacy retail business, in a surprise move that creates uncertainty for its 5,000 staff.
This weekend, the eponymous parent company, which is listed on the stock market, confirmed it is seeking a buyer for its 500 high street stores, in a shake-up that would free it up to focus on its more successful travel arm, which has branches in airports all over the world.
