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WH Smith may leave high street as 500 shops up for sale
The Guardian
|January 27, 2025
The WH Smith name could disappear from the high street after its owner put the legacy retail business up for sale, in a surprise move that creates uncertainty for its 5,000 staff.
The retailer, 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 allow it to focus on its more successful travel arm, which has branches in airports all over the world. The 232-year-old chain is in talks with a handful of potential bidders.
While negotiations are focused on its 500 UK high street shops - which sell newspapers, books and stationery - it is understood that the use of the brand will be up for negotiation.
Diese Geschichte stammt aus der January 27, 2025-Ausgabe von The Guardian.
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