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WHSmith eyes airport and rail boost as profits double
Evening Standard
|April 20, 2023
WHSMITH has set its sights on new bigger stores including pharmacies at eight of London's busiest stations, as rail and airport shops continue to overshadow its High Street operations.
For the six months to February 28, profit doubled to £71 million, thanks mostly to profits from its UK travel shops rocketing from £3 million to £31 million.
CEO Carl Cowling attributed the travel success to expansion into new product lines, especially within health and beauty.
He highlighted the success of its combined WHSmith and Wells Pharmacy shop at Euston station, which was on course for £12 million in annual sales.
Esta historia es de la edición April 20, 2023 de Evening Standard.
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