WHSmith is the UK’s leading specialist multiple newsagent, a category covering books, greeting cards, stationery, newspapers, magazines, confectionary and more. Operations are divided into two divisions by location type: high street and travel. Retail Week provides news, analysis, features and opinion about WHSmith and the books, cards and stationery sectors.
A profit warning from WHSmith after the discovery of accounting problems at its US arm came as a huge shock, but comparisons with Tesco at its lowest point may be overdone, believes Retail Week’s George MacDonald
WHSmith, which sold off its UK high street arm earlier this year to focus on its travel operations, has revealed a financial review found an overstatement of £30m in headline profit in its North American division.
Card Factory has today announced it has completed its £24m acquisition of online personalised card retailer Funky Pigeon from WHSmith.
Card Factory has agreed to buy online greetings card business Funky Pigeon from WHSmith.
WHSmith is opening eight new stores across one US airport, as it continues to grow its travel estate internationally.
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