WH Smith in secret talks to sell historic high street arm

0 views
0%

WH Smith in secret talks to sell historic high street arm

After more than 230 years of history, stationery chain WH Smith is looking to make an exit from the high street.

Sky News can exclusively reveal that the listed retail group, which has a market capitalisation of almost £1.5bn, is speaking to prospective buyers about its 500 high street shops, so that it can focus on travel retail, which now accounts for the bulk of its profit.

Read more: https://news.sky.com/story/wh-smith-in-secret-talks-to-sell-historic-high-street-arm-13295955

#uk #skynews #whsmith

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Date: January 25, 2025