WH Smith news

05 August 2020
Iconic UK retailer, WH Smith has indicated that in light of the significant pandemic impacts felt across both its high street and travel retailing divisions, it is initiating a major review of operations which could lead to up to 1,500 roles being made redundant across its business.  The company reports that despite some signs of recovery as lockdowns have been eased, sales are being slow to retu...
02 July 2020
Leading food retailers are among a group of 20 major retailers to sign a declaration to develop a roadmap to tackle the causes of climate change. The initiative, led by the BRC, will develop a common position ahead of the COP26 climate change conference, which will be held next year in Glasgow having been postponed due to the coronavirus crisis. Commitment to decarbonise the entire supply chai...
17 October 2019
The convenience, books and news specialist has reported healthy increases in sales and profits in newly released annual results. It has also announced the acquisition of a leading US travel retailer, Marshall Retail Group. Financial highlights for the year ended 31 August 2019 Group revenue +11% to £1.4bn, +1% LFL Travel revenue +22% to £817m, +3% LFL High street revenue -2% to £58...
09 August 2019
Sean Toal, formerly Chief Operating Officer of variety store chain Wilko, has been appointed as the new Managing Director of WH Smith the iconic stationery, books and travel retailer.  The appointment is effective immediately, but he will take full accountability in October, coinciding with the succession of Carl Cowling as Chief Executive to Stephen Clarke, who steps down at the end of the month...
16 July 2019
Evolving its relationship with franchise partner WHSmith, M&S food-to-go and food-for-later products are being introduced to selected WH Smith branches.  M&S food in new high street locations According to local press, clearly branded M&S food-to-go zones have launched in Bournemouth and Bedford branches of WH Smith in May and June respectively. In addition, The Grocer reports that a further...
04 July 2019
The Grocer magazine has revealed that Sainsbury's has begun a trial with WH Smith to supply a targeted range of alcohol products to its travel locations. Trial store at Victoria station Initially Sainsbury's is supplying some 50 alcohol products to WH Smith's store at London's Victoria station, in a move to target commuter spend above all.  The range includes a mix of major brands such as P...
12 April 2019
WH Smith partners with Well Pharmacy to launch pharmacy format at Gatwick airport. A one-stop-shop for those on the move Following successful trials at Southampton and South end airport, Stationary specialist, WH Smith, has partnered with Well Pharmacy to launch a new pharmacy format at Gatwick airport. The 5,000 sq.ft store located at Gatwick's North Terminal will maintain its standard ...
01 November 2018
Major UK travel retailer, WH Smith has announced the purchase of InMotion, a specialist retailer in personal digital accessories, operating out of 114 stores in 43 US airports.  Fast-growing InMotion, with sales up 13% on a like-for-like basis in 2018 to date, is expected to deliver total sales of $166m (£130m) in the full year. Offers platform to launch WH Smith brand in US Personal digital ...
18 October 2018
WH Smith has announced changes to its High Street operations as performance continues to lag its fast growing travel division. Travel grows as High Street declines In the year to 31 August 2018, group revenues increased by 2% to £1.26bn but group operating profit before tax fell by 4% to £140, pulled down primarily by costs associated with a business review of its High Street business. High...
17 July 2018
Sainsbury's is to start supplying food-to-go lines to selected WH Smith stores as it steps up its drive for new revenue streams. Nine store trial Commenting on the initiative in The Grocer, Sainsbury's director for business development, Mike Luck said " From next week we will be conducting a trial with WH Smith where a limited range of Sainsbury's sandwiches, snacks and light meals will be ...