THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
• Omnichannel Futures Conference 2020
• Future of Retail Marketing 2020
• The HR Summit 2020
• AI in Retail Conference 2019
ABOUT
CONTACT
SUBSCRIBE FOR FREE
WH Smith boosted by strong performance in travel business

Book and stationery retailer WH Smith has reported that like-for-like sales edged up 1% in the 21 weeks to 21 January. Total sales rose by 2%…. View Article

GENERAL MERCHANDISE

WH Smith boosted by strong performance in travel business

Book and stationery retailer WH Smith has reported that like-for-like sales edged up 1% in the 21 weeks to 21 January. Total sales rose by 2%.

The company’s travel business, which includes stores at airports and railway stations, increased its like-for-like sales by 5% with growth across all key channels.

Its high street stores fared less well with like-for-like sales down 3%. Good sales of spoof humour books were offset by the annualisation of last year’s strong trade in ‘colour therapy’ titles.

Stephen Clarke, WH Smith group chief executive, said: “In travel, we have delivered good sales growth across all our key channels in the period. This was driven by ongoing investment in the business and continued growth in passenger numbers – particularly in our airport stores over the Christmas holiday period. In High Street, we saw another good performance with sales in line with expectations driven by our new seasonal stationery ranges and spoof humour books.”

The company said its store opening programme is on track both in the UK and overseas. During the period, it opened an additional 32 Post Offices in its high street stores, taking the total to 145. In line with plan, up to a further 23 Post Offices are due to open during the rest of the year.

As a result of the performance in its travel business, WH Smith now expects group profit growth for the full year to be “slightly ahead of plan”.

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, 22 Duchess Mews, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Future of Retail Marketing 2020
Future of Retail Marketing 2020
9 June 2020
Hallam Conference Centre, London W1W 6JJ
The Future of Retail Marketing for Customer Engagement
The HR Summit 2020
The HR Summit 2020
1 October 2020
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2019
AI in Retail Conference 2019
14 October 2020
Hallam Conference Center, 44 Hallam Street, London W1W 6JJ
CONFERENCE AIMED AT RETAILERS WORKING IN MARKETING, IT, DIGITAL, DATA AND TECHNOLOGY