WHSmith has been slashing costs in the high street stores to improve profitability as it grapples with the shift to online shopping, which has affected the number of customers visiting stores. The high street arm’s underlying annual profits after the Covid-19 pandemic fell from about £60mn to £32mn in the year to August 2024.

The retailer has confirmed plans to sell its 500 UK high street stores, including 195 with an in-store Post Office.

WHSMITH has named its nineteenth store marked for closure this year as 500 high street shops have been placed up for sale. The stationary to sweet shop has confirmed yet another closure after

The fate of Post Offices housed within WHSmith stores would largely depend on the buyer’s plans and any agreements with Post Office Ltd. If the new owner does not wish to continue hosting Post Offices, closures or relocations might occur.

WHSMITH has revealed it could sell 500 UK high street stores more than 230 years after opening its first shop. The retail group has been in negotiations with a number of prospective buyers of the

WHSmith said its high street division had traded in line with expectations over the golden quarter despite another weak performance as it sounds out prospective buyers.

The decision to put 500 UK high street WH Smith stores up for sale has created uncertainty for 5,000 staff this week.

WH Smith has revealed a drop in High Street sales amid talks of selling 500 of its UK shops. Its High Street sales fell 6% in the 21 weeks to January 25, covering the key Christmas period, down 3% on the previous year.

Carlisle shoppers have shared their thoughts on the announcement by WH Smith that it’s in talks to sell its high street arms.