WHSmith puts travel business in driving seat 🚗🤝 Venerable retailer WH Smith, which has its headquarters in Swindon, has confirmed that it is exploring a potential sale for its traditional high street business. Over the past decade, WHSmith has become a focused global travel retailer. The Group's Travel business has more than 1,200 stores across 32 countries, with three-quarters of the Group's revenue and 85 per cent of its trading profit comes from the Travel business. The retailer was established as a news vendor in 1792 in Little Grosvernor Street, London, by Henry Walton Smith and his wife Anna. It became WH Smith in 1846 when their only son, William Henry, took over. Continue reading... https://lnkd.in/egcjkxNr #sales #deals #travel #retail #growth #finance #wiltsnews #wiltshour #businessnews #businessintelligence
The Business Magazine - South West & West Midlands’ Post
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Travel retailer WHSmith has confirmed that it is exploring potential strategic options, including a sale, for its high street business. Russ Mould, investment director at AJ Bell, stated, “The timing looks odd regarding a potential sale of WH Smith’s UK high street operations. It has hoisted the ‘for sale’ flag precisely as the retail sector is entering a downturn, led by a cautious consumer and a rise in costs thanks to Rachel Reeves’ Budget decisions.” #retail #travel #divestiture #highstreet https://lnkd.in/gpzRxp2M
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Experienced Retail & Consumer executive | Omnichannel & DTC | Brand Distribution Development | International Business | Commercial Strategy | Lifestyle & CPG leadership | M&A |
A legendary UK convenience retailer might be for sale.. Likely not a viable business model allocating too much space to books, newspapers and magazines on High Street locations - hence a future owner will have to rethink the value proposition of WHSmith or perhaps sell of the locations to pharmacy (Boots UK) or Cafes and fast food ( Pret A Manger)?
WHSmith, a global retailer for news, books and convenience, confirmed it is evaluating strategic options for its High Street division, including a potential sale. The segment, described as profitable and cash-generative, has been under review as WH Smith sharpens its focus on its global travel retail operations. The company emphasized that no decision has been finalized, and further updates will be provided as appropriate. #MergersAcquisitionsDiversitures #Convenience #Retailer
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Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
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Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
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Driving Revenue Acceleration for Sales Teams with Methodologies & Technology | Sales Consultant | MillerHeimanGroup.com
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
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Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
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Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
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Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
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Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
Dynamic pricing - it's something we're all familiar with in aviation and travel. But how would you feel if this made the leap into restaurants and retail? https://krnfy.bz/3Q8QZod #pricing #travel #dynamicpricing
