Wh Smith Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There was strong momentum across its global travel divisions with revenue up 16%

Top story WH Smith has performed better than expected over Christmas as its high street stores operated at close to 2019 levels despite the ongoing Covid restrictions. December high street sales were down just 8% on the same period in 2019, with the majority of its stores remaining open in lockdown in line with government guidance classing newsagents as essential retailers. Its seasonal and new ‘work from home’ ranges proved popular with consumers. The online business also continued to deliver “significant” year-on-year growth over Christmas, including a strong performance by Funkypig...

WHSmith Travel revenue remains low over Christmas trading period To mitigate these challenges the retailer is focusing on initiatives within its control Travel essentials retailer WHSmith’s Travel division was down to just 37% of its 2019 revenue for the 20 week period to 16 January 2021, the company reported in its latest trading update. To mitigate these challenges the retailer is focusing on initiatives within its control including: cost management, where it has successfully renegotiated rents; increasing conversion and growing average transaction value, where it is making good progr...

WH Smith expects to escape Brexit stock disruption after December trade boost Chain said it had beaten gloomy expectations during the festive period, with high street revenue reaching 92 per cent of 2019 levels Updated The video will auto-play soon8Cancel Play now Never miss another Nottinghamshire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe...