British travel retailers who WH SMITH has confirmed that it is evaluating its strategic choice of British high street business, which may include sales.
Disclosure is a response based on media speculation Sky news On January 25, 2025, the company discussed confidential discussions on the peeling of its entire high street segment.
This retailer is famous for its existence of its 500 locations in the British high street. He issued a statement: "Wh Smith pointed out the latest news speculation about its high street business. Potential strategy choice of maps and cash-produce part of the group, including possible sales. "
Retailers emphasize that exploration cannot be guaranteed to reach its peak in the agreement.
The company promises to provide a timely update of the progress of these discussions at the "appropriate time".
It has an investment portfolio of 1,200 travel stores in 32 countries. A large part of the company's financial success is attributed to this field. The retail industry is three -quarters of the total income of WHSMITH, and its 85 % transaction profit.
The whims reported that its operations on high streets performed well, with income of 452 million pounds and a profit of £ 32 million in 2024. The group's revenue increased by 7 %, reaching the fiscal year of 1900 million pounds 2024, which ended on August 31.
Gaojie currently has 5,000 employees, which is an important part of the company's total retail labor force of 13,870.
Street stores continue to provide traditional products, such as greeting cards, books and stationery.
Travel branches have diversified their products, including food and beverages and technical products.
The stock of Wh Smith ended at 1148 pence on Friday-a decrease of about 5 % the previous year.
"Wh Smith explores sales that may sell its high street business" was originally created and released by GlobalData owned brand retail Insight Network.
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