Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

UK’s WH Smith says it is exploring potential sale of high street arm

admin by admin
January 25, 2025
in Stock
0
UK’s WH Smith says it is exploring potential sale of high street arm
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

LONDON (Reuters) -British retailer WH Smith is exploring potential strategic options for its UK high street business, including a sale, it said on Saturday after media reports.

The company was holding “secret talks” about the sale of its entire high street arm, which has more than 500 stores, Sky News first reported on Saturday.

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

The company said there was no certainty that any agreement would be reached, and that it would provide updates on the process “as and when appropriate”.

WH Smith’s high street arm is part of the retailer’s more profitable travel business, which has around 1,200 stores across 32 countries.

“Three-quarters of the group’s revenue and 85% of its trading profit comes from the travel business,” it said.

This post appeared first on investing.com

Previous Post

How Germany could finance higher defense spending

Next Post

Will TikTok actually be banned?

admin

admin

Next Post
Will TikTok actually be banned?

Will TikTok actually be banned?

Trending News

Air India plane crash: a look at the deadliest civil aviation disasters in recent times

Air India plane crash: a look at the deadliest civil aviation disasters in recent times

June 12, 2025
Nvidia stock dips 5% as Broadcom surges 40% in five days

Nvidia stock dips 5% as Broadcom surges 40% in five days

December 17, 2024
Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike

Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike

October 18, 2024
Subscribe to Insightful Word


    Recent News

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    June 26, 2025
    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    June 26, 2025
    S&P 500 nears record high as Wall Street opens higher amid tech momentum

    S&P 500 nears record high as Wall Street opens higher amid tech momentum

    June 26, 2025
    Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

    Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

    June 26, 2025

    Recent News

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    June 26, 2025
    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    June 26, 2025

    Latest News

    • S&P 500 nears record high despite headwinds: key drivers behind the surprise rally
    • Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high
    • S&P 500 nears record high as Wall Street opens higher amid tech momentum

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.