Archive of all WH Smith articles – Page 3
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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.
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NewsCity snapshot: WH Smith to tap investors for cash as coronavirus crisis escalates
WH Smith secured new lending facilities of up to £120m to strengthen its balance sheet during the coronavirus crisis while it prepares to raise extra cash via equity raise
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NewsSainsbury’s and WH Smith to offer more grocery at hospital stores
The retailers said the collaboration would support the needs of NHS staff and make it easier for them to buy food and essential items
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NewsCity snapshot: WH Smith says coronavirus outbreak will cost up to £130m of sales
Shares in travel retailer WH Smith have collapsed after it warned the outbreak of the Covid-19 virus will hit its annual sales by up to £130m and its bottom line by up to £40m. Plus, markets plunge again on coronavirus spread, Carrs Group issues profits warning, C&C Group updates the market and all the rest of the latest news from the City.
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NewsCity snapshot: WH Smith travel business delivers ‘strong’ performance
WH Smith (SMWH) has reported its travel business continues to perform ’strongly’ across all its channels. Plus, food inflation eases and all the rest of the latest news from the City.
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NewsSean Toal to take over as WH Smith managing director
Former Co-op director Toal left his previous role at Wilko in January
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NewsM&S opens Simply Food concessions in WH Smith stores
All four of the WH Smith branches are in areas where an M&S has closed as part of a five-year transformation programme ann…
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NewsWH Smith sparks anger with £10-off Juul vouchers on all tobacco
The stationer is the latest retailer to stock the US vaping sensation and the first to issue a money-off coupon
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Comment & OpinionFeedback: successful companies ask for it - and respond to it
The latest Which? survey on high street shopping reminds us to never forget the customer is king
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NewsCity snapshot: WH Smith CEO Stephen Clarke steps down
WH Smith chief executive Stephen Clarke has decided to step down at the end of October after 15 years with the company. Plus, trading updates from Cranswick, Greencore, Hilton Food Group, Tesco stops mortgage lending and all the rest of the latest news from the City.
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NewsSainsbury's and WH Smith shelve food to go trial
In the stores visited by The Grocer, Sainsbury’s food to go lines have been replaced by Munch products
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NewsUS expansion boosts first half sales at WH Smith
Travel revenues continues to rise at WH Smith, which has announced 8% growth in first half sales after its acquisition of US travel retailer InMotion. Plus all the rest of the latest news from the City.
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NewsCity Snapshot: UK growth drives strong profits at Hotel Chocolat
Strong Christmas sales drove a surge in revenues at Hotel Chocolat during the second half of 2018, WH Smith adds new directors and the rest of the latest news from the City
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NewsTravel growth buoys WH Smith amid high street decline
Strong growth in WH Smith’s travel arm boosted the retailer.
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NewsCity Snapshot: WH Smith doubles size of travel division with InMotion acquisition
WH Smith agrees US$198m deal to buy international travel retailer InMotion, Ocado and Kroger solidify partnership with the signing of service and operational terms and manufacturing disruption hits third quarter sales at Reckitt Benckiser
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NewsSainsbury's warned of risk to reputation over WH Smith trial
The move could ‘negatively impact consumers’ view of Sainsbury’s’ through association with WH Smith