WHSmith to sell off its high street stores


WHSmith to sell off its high street stores

WHSmith has announced plans to sell off its entire UK high street store portfolio and focus its efforts wholly on its 1,200 strong travel and hospital location sites. The retailer now derives c .75 per cent of its revenues and 85 per cent of its trading profit from the latter.

Many Post Office Counter concessions operate from WHSmith high street stores and it is known how the sell-off will impact these services.

 

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