WHSmith looking for a buyer for its UK high street business
WHSmith has confirmed that it is looking to sell its High Street stores to complete its strategic shift to being a global travel retailer.
The group generates £452m sales from its UK high street stores, around one-quarter of its £1.9bn annual revenue.
It has 500 stores as well as online businesses under the company brand, funkypigeon.com and cultpens.com.
However its North American travel business on its own is a comparable size to its UK high street operations, with £400m sales and has previously been described by the gro... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
