All WHSmith articles – Page 2
-
NewsWHSmith buyer restricted from immediate store closures
The new owner of WHSmith’s high street stores cannot initiate widespread closures for at least 12 months, despite planning rapid restructuring at its other retail properties.
-
NewsNew Post Office CEO extends in-branch cash services to 2030
Neil Brocklehurst was confirmed as the new Post Office CEO today, having been acting chief executive since September.
-
AnalysisWhy WHSmith boss Carl Cowling is still betting big on America despite Trump turmoil
WHSmith is selling its high street business to focus on its successful travel operations—notably the US, described by the retailer as its “most exciting growth market”
-
NewsWHSmith sales jump but profit down as high street trading drags
WHSmith reported a jump in revenues but profit before tax inched down in its first financial update since announcing the sale of its flagging high street business.
-
NewsRetailers interested in Post Office branches
Retailers including Tesco and Ryman are interested in taking on some of the final 108 directly owned Post Office branches, the BBC reports.
-
AnalysisWHSmith: Can its new owners make the high street business actually work?
After 233 years on the high street, news broke last week that WHSmith’s high street business has been sold to Modella Capital for £76m
-
NewsModella Capital lays out plans for WHSmith after acquiring its high street arm
Private equity firm Modella Capital has laid out its plans for the WHSmith high street business, which was acquired in a £76m deal.
-
NewsWHSmith sells UK high street business to private equity firm and rebrands to TGJones
WHSmith has made the decision to sell its UK high street business to a private equity firm in a £76m deal as it focuses on becoming a pureplay global travel retailer.
-
NewsWHSmith completes refinancing package
The retailer announced the completion of a £200m issue of US Private Placement (USPP) notes and a bank term loan of £120m.
-
NewsWHSmith bidder Modella Capital eyes restructuring of Hobbycraft
The owner of Hobbycraft, Modella Capital, is mulling a restructuring of the arts and crafts retailer, according to reports.
-
AnalysisWhat next for WHSmith’s high street business as ownership race heads into final furlong?
Critics often said that if WHSmith didn’t exist, no one would bother to invent it. Yet, as things stand, there are at least two private equity firms battling it out to acquire the brand, even if it likely won’t come with the name.
-
NewsRace for WHSmith high street business down to two bidders
The expectation is that a deal is being targeted for April.
-
NewsWHSmith name set to vanish from UK high streets following sale
WHSmith has been trading on the high street since 1792.
-
Opinion‘In a split between its travel and high street businesses, where will WHSmith’s name land?’
As WHSmith’s management looks to jettison its high street stores business to focus on its more lucrative travel arm, the future of the brand’s very name seems as turbulent as everything else
-
NewsWHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.
-
NewsHMV owner eyes 500 WHSmith stores, reports say
Canadian entrepreneur Doug Putman is in talks to buy the store network of the high-street stalwart, according to The Sun newspaper.
-
AnalysisWhat will a potential sale mean for WHSmith’s high street business?
News emerged over the weekend that WHSmith is in talks to potentially sell off its high street division and focus solely on its travel arm.
-
NewsWHSmith is in talks to sell its UK high street shops
WHSmith is in talks to sell its whole high street business in the UK following 230 years on the high street.
-
Innovation of the WeekWHSmith has launched a retail media network in North America
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
-
Retail Navigator AnalysisWHSmith (Strategy)
WHSmith is set to significantly expand its food offering in 2025. Building on the success of its first own-label food-to-go range, the retailer plans to introduce a new bakery range under the Smith’s Family Kitchen brand and roll out its Smith’s Kitchen café format to more stores.