Latest Intelligence on Newsagents in Europe

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Type Product title / description Pub Price
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WHSmith's travel sales continue to bolster profits

WHSmith has improved its profitability, with group pre-tax profits up 8% to GBP64 million for the six months ending February 29, 2008. However, although sales at travel stores were up 1% on a like-for-like basis, high street sales fell by 3%, indicating that the fault line between the two businesses is widening. Although growth prospects are better in travel, the high street must not be neglected.

Published By Datamonitor
17 Apr 2008
CommentWire
CommentWire

WHSmith: considering Paperchase purchase

Following Borders's decision to put stationary retailer Paperchase up for sale for around GBP50 million in order to re-focus on its core category, WHSmith has demonstrated an interest. The potential purchase would be the latest of a number of acquisitions by the business as it aims to turn its fortunes around and re-define itself.

Published By Datamonitor
19 May 2008
CommentWire
CommentWire

WH Smith: profits fall, Travel outlets prosper

WH Smith has reported flat group sales for the six months to February 28, 2009, with double digit sales growth in Travel outlets counterbalancing a weak performance from its High Street stores. The retailer is continuing with its withdrawal from entertainment, and is looking to Post Office integration and rebuilding its authority as a specialist to drive sales in the future.

Published By Datamonitor
24 Apr 2009
CommentWire
CommentWire

WH Smith: sales down, profits up

For the year to August 31, 2009, pre-tax profits for WH Smith increased to GBP82m. Like-for-likes are down 5.0%, with total group sales down 1.0%. Efficient cost control and proposition enhancements will help the company survive challenging times, while focusing on core markets and exceptional growth opportunities will provide fillip to future growth.

Published By Datamonitor
15 Oct 2009
Expert View
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Retail locations: out-of-town remains the prime location for retail growth

Over the last 10 years, out-of-town has consistently outperformed both town center and neighborhood, with average annual growth of 2.5% between 2004 and 2009, compared with 1.4% for neighborhood and 0.2% in town centers. Verdict expects out-of-town to continue to outperform due to food & grocery reliance, its relevance as a click & collect point, and the entrance of new retailers to the sector.

Published By Datamonitor
25 Nov 2010

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