Current location:International Intuition news portal > world
From flop to one
International Intuition news portal2024-04-26 18:25:59【world】7People have gathered around
IntroductionIt went from being a much-loved part of every British high street to gaining a reputation for disorg
It went from being a much-loved part of every British high street to gaining a reputation for disorganised stock, tatty interiors and rip-off prices.
But WHSmith has risen from the dead after its shift to being a 'one-stop shop' for travel essentials paid off.
Now - after the pandemic pushed the retailer £280million into the red - the thriving thriving business is plotting more store openings across train stations, airports and hospitals.
WHSmith is in its 'strongest ever position as a global travel retailer,' according to Chief executive Carl Cowling, with the UK travel business increasing its trading profit by nearly a fifth.
Total group revenues were eight per cent higher in the six months to the end of February, compared with the previous year.
The retailer said it was benefiting from an increase in consumers travelling, particularly in large stores at London Heathrow, London Gatwick and Birmingham airports.
Established in 1792, WHSmith's first shop was opened by Henry Walton Smith and his wife Anna
WHSmith is plotting more store openings across train stations, airports and hospitals
WHSmith opened its first travel retail store in London's Euston station in 1848
WHSmith was first opened in 1792 by Henry Walton Smith
WHSmith was once a much-loved part of every British high street
It is expecting to open around 110 new stores this financial year, including more than 50 in North America.
But WHSmith - which first opened in 1792 - was voted Britain's worst or second worst high street retailer for nine straight years from 2011 to 2019, in a poll conducted by consumer watchdog Which?
Customers became exacerbated by the chain's declining state, with its seemingly random stock, shabby carpets and disorderly presentation.
One customer tweeted several years ago: 'Serious question: How has WHSmith survived? Am I missing something positive about what it does? Overpriced goods, tatty stores, many rivals.'
Another said: 'It sells overpriced products from tatty shops with little or no customers.'
In November 2020, the retailer announced it would close 25 high street stores, affecting nearly 200 jobs, after the pandemic pushed the business £280million into the red, The Guardian reported.
Customers became exacerbated by the chain's declining state, with its seemingly random stock, shabby carpets and disorderly presentation
WHSmith's are typically found on high streets, as well as in stations and airports
A WHSmith delivery van is seen in 1899, more than a century after the first store opened
The chain said it was likely to permanently close the stores after sales in its high street business fell by 19 per cent.
The business's previously successful travel outlets – in stations, airports and hospitals – were even more affected, with a recorded 43 per cent slide in sales in the year to 31 August, according to The Guardian.
The company said at the time: 'While this is not an easy decision to make for our colleagues or the communities we serve, it is vital we retain a strong and cash generative high street portfolio going forward.'
Established in 1792, WHSmith's first shop was opened by Henry Walton Smith and his wife Anna in Little Grosvenor Street, London.
A few decades later WHSmith opened its first travel retail store in London's Euston station in 1848.
Now a leading global retailer in news, books and more, the chain has more than 1,700 stores in more than 30 countries.
MailOnline has contacted WHSmith for comment.
Address of this article:http://dunivujynyt.allesfuersjagen.com/young-traveler-in-switzerland-book-1530rr.php
Very good!(96)
Related articles
- Study says it's likely a warmer world made deadly Dubai downpours heavier
- Why Jimmy Mitchell's happy snap of his family boarding a plane saw him booted from a Jetstar flight
- Travel insiders' expert tricks to get a FREE upgrade on your holiday
- Is a 99% mortgage really that bad? This is Money podcast
- Ten stocks to invest in NOW to profit from Rishi's defence spending boost
- The ultimate coffee
- Your state pension might NOT increase by the full 8.5% this month
- A nation of explorers? Poll reveals that nearly a quarter of Brits have never even visited SCOTLAND
- Christy Turlington, 55, showcases her age
- 'Sorry, you can't board, off you pop': Traveller reveals how he was caught out by a post
Popular articles
Recommended
Bernie Williams is back in center
Revealed: The best 100 cities in the world for exploring by foot, with Rome No.1, London ninth
With a wet Easter looming, we round up the 20 best last
Independent publisher rejected from taking part in Hong Kong Book Fair
Bengaluru ends slump with 35
New Cybertruck owners are re
I'm a cruise ship worker
How Impax Environmental Markets invests for profit and to improve the planet: INVESTING SHOW
Links
- Boston Marathon: Wheelchair racers kick it off from Hopkinton
- China's Tianjin port welcomes three int'l cruise ships within a week
- People savor beautiful sights of spring flowers across China
- Season of flowers: Bullet trains bound for spring in Xizang
- IAEA chief calls for maximum restraint over Zaporizhzhia attacks
- Egypt to increase number of aid trucks to war
- Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
- Children's books boost Sino
- Early settlement of situation on China
- Egypt to increase number of aid trucks to war