Archive of all WH Smith articles – Page 2
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NewsCity snapshot: WH Smith back in the black as travel recovery takes flight
WH Smith has swung back into the black as its travel division experienced a significant recovery from the pandemic. Plus, interims from B&M and Tate & Lyle, and Q3 updates from Haleon and Domino’s Pizza.
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NewsCity Snapshot: Bakkavor sales recover but inflation drags on profits
Bakkavor Group has continued its recovery from pandemic disruption, reporting strong revenue momentum in the first half despite inflationary challenges. Plus, WH Smith issues a pre-close trading update for the year.
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NewsCity Snapshot: WH Smith de-risks pension fund
WH Smith has announced a move to safeguard its pension fund from future risks with the purchase of a bulk annuity insurance policy.
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NewsPlant-based brand This launches branded sandwiches and snack pots into WH Smith
No other brand was “providing its products in a branded, sauce-accompanied snack pot as a plant-based food-to-go solution”, said This.
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NewsCity News: WH Smith buoyed by boosted airport sales as travel sector rebounds
WH Smith shares were buoyed by sales surpassing 2019 levels for the first time since the start of the pandemic
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NewsCity Snapshot: WH Smith optimistic as travel recovery lifts sales above pre-pandemic levels for first time
Group revenues in the 15 weeks to 11 June were 7% ahead of 2019 levels thanks to “a particularly strong” performance from travel.
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NewsCity snapshot: WH Smith sales soar on global travel recovery
WH Smith has seen a strong rebound and revenues and moved back into profit as travel retail sales rebounded amid the relaxation of Covid restrictions. Plus updates from Coca-Cola Europacific Partners, Gousto and Nichols.
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Comment & OpinionWH Smith on Deliveroo: how fast do shoppers really need a lever arch file?
There can’t be many people who wake up hungover with a craving for paperwork
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NewsCity Snapshot: WH Smith recovery stalls as Omicron hits travel stores
The emergence of the Omicron variant stalled the recovery at the WH Smith travel business, but it still put “a good performance” on the high street in the run up to Christmas. Plus, UK inflation surges in December and trading updates from Science in Sport and Devro.
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NewsWH Smith opens store with Well Pharmacy at Euston station
WH Smith opened its first store with a Well Pharmacy at Gatwick airport in April 2019 and added a second at Heathrow last August
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NewsCity News: WH Smith recovery set back by profit warning
A mixed update said trading in the eight weeks to 28 August had been better than expected
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NewsCity Snapshot: WH Smith sales rebound as lockdown ends but travel recovery still uncertain
WH Smith has performed better than expected as customer numbers at its travel sites and high street stores slowly recovered with Covid restrictions easing over the summer. Plus, the latest BRC-NielsenIQ shop price index, Pernod Ricard reveals full-year figures, and SSP Group updates on CEO succession search.
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Analysis & FeaturesWhat does the reopening mean for food and drink stocks?
With the FTSE250 at pre-Covid levels, and the FTSE350 actually trading higher, we look at how grocery, retail, leisure and food to go stocks have fared
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NewsYo to trial food-to-go supply in seven WH Smith stores
A selected range of Yo food-to-go items will be on offer, such as chicken katsu bites, vegan sushi, and salmon and avocado poke
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NewsWH Smith makes virtual scans of travel estate for inspectors
The project will allow its property teams to safely tour and inspect sites from behind a computer screen
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NewsCity snapshot: WH Smith reports surprise Christmas boost
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. Plus, Wincanton upgrades profit forecasts as shoppers turn online. And, inflation rises to 0.6% for December.
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NewsCity snapshot: Lockdown and Covid costs drive WH Smith to £280m loss
WH Smith has fallen to a £280m loss as the due to the coronavirus-driven closure of stores and a slump in its travel business.
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NewsWH Smith to cut up to 1,500 jobs after coronavirus sales slump
The group said the costs associated with its restructure will be in the region of £15m-£19m
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NewsCity snapshot: WH Smith revenues plunge 85% in global lockdown period
WH Smith has said its revenues slumped by 85% year-on-year in April amid widespread coronavirus lockdowns and a collapse in air travel as the coronavirus outbreak has a “significant” impact on its business.
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NewsInvestors heed WH Smith’s emergency cash call
WH Smith was forced to go cap in hand to its shareholders this week to raise emergency cash amid dire warnings over the impact coronavirus was having on current trading.