Instead it will focus on travel retail and opening up in the US and Europe, its boss tells the BBC.
The boss of WH Smith has said the retailer won't be opening any more UK High Street stores.
WH Smith has about 550 UK High Street stores and opening more "would just be a duplication", he told the BBC. Over the past 20 years, WH Smith has expanded its presence in airports, train stations, motorway service areas and US-based casino resorts. She said: "As more of us now travel with technology we are all the more likely to forget essentials, all much more of a selling opportunity than the odd bottle of water."
The company is expanding further in Europe, after opening five new stores at Brussels Airport and another five at Oslo airports, where it is selling hot dogs.In 2022, WH Smith reported £63m in profit-before-tax.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How To Get A Power PonytailThese are ponytails with purpose: high-swinging, high-gloss arrangements with their roots in high fashion.
Read more »
Jaden Smith says mom Jada Pinkett Smith introduced him to psychedelicsAccording to Jaden Smith, mom Jada Pinkett Smith introduced him and their family, which includes dad Will Smith and sister Willow Smith, to psychedelic drugs.
Read more »
Family business set to move as High Street unit put on marketA family business’ High Street shop is on the market for £26,500 a year.
Read more »
All six major high street banks hike rates as mortgage meltdown continues - to average of 6.3%All of the six major UK high street banks have increased the price of their cheapest fixed rate mortgage deals in the past two days, marking the latest chapter in the country’s mortgage cost saga DonnaLFerguson reports
Read more »
B&M shoppers rush to buy home essential scanning at tills for £5 instead of £70B&M shoppers are rushing to buy a bargain homeware essential scanning for £5 instead of £70 at the checkout. The discount store is selling a “stylish” premium barstool for just a fi…
Read more »