WH Smith high street sales fall amid talks to sell stores

Published On Jan 29, 2025, 5:51 AM

WH Smith reported a 6% decline in High Street sales during the critical Christmas period, alongside plans to sell about 500 of its UK stores. The company is struggling with its High Street operations but has seen growth in its travel retail segment, which contributes over 85% of its profits. WH Smith is in talks to potentially sell its High Street stores, and analysts speculate that private equity firms may be interested in acquiring them.