WH Smith's expansion into travel hubs across the country is more than offsetting a continued decline in its high street business. The group told shareholders it remained on track to hit full-year forecasts despite a slowdown in sales growth in third quarter, as strong growth in the travel division was tempered by falling sales on the high street. In the UK, WH Smith said growth had slowed 'as we annualise the strong recovery in passenger numbers in 2023'. WH Smith has been bolstering its presence across transport hubs and hospitals, both of which have high footfall levels. Across some of its high-street stores, WH Smith has introduced Toys R Us concession sections.

Source: Daily Mail June 05, 2024 22:18 UTC