WH Smith in talks to sell 233 year-old high street business ...Middle East

“WH Smith confirms that it is exploring potential strategic options for this profitable and cash generative part of the group, including a possible sale,” a statement by the retailer said.

The high street business now accounts for only about 15 per cent of annual group trading profit.

“The group’s travel business has over 1,200 stores across 32 countries, and three-quarters of the group’s revenue and 85 per cent of its trading profit comes from the travel business.

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