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Smiths News is a distributor of newspapers, magazines, books and consumables, headquartered in Swindon, England. It is a constituent of the FTSE SmallCap Index History
In August 2006, the company demerged the retail and news distribution arms of the business into two separate companies: WH Smith plc (retail) and Smiths News plc (newspaper and magazine distribution). [21] In September 2010 WHSmith bought The Gadget Shop from The Entertainer. [22] That year, it also bought online greeting card retailer Funky ...
A newsagent is the manager of the newspaper department of the shop, often also the owner of a newsagency shop. Newsagencies conduct either a retail business and/or a distribution business. When they first appeared in Australia is unknown; the earliest reference known in Australia is an advertisement in 1855 in Melbourne. [2]
Revenue from WH Smith's High Street stores dropped by £17m in 2024 compared with the year before. However, profits remained the same after the business closed 14 of its stores last year.
The first of WH Smith's more than 520 high street stores opened more than 230 years ago, operating as a news vendor. It has since grown into a major high street and travel retailer.
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This was blamed on difficulties experienced at the Huddersfield distribution centre following the introduction of a new software system and poor trading conditions. [4] The company later reported that it was making progress in overcoming the problems it had experienced, and that sales growth for the six week period ending 13 January 2007 was 4.6%.
WH Smith reported pre-tax profits of £166m for the year to 31 August, up from £143m the previous year. Earnings remained flat at £32m in its traditional high street business.