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Wh Smith To Restructure High Street Business Amid Tough Retail Environment - Latest News


WH Smith to restructure high street business amid tough retail environment

Oct 11 (Reuters) - Books, newspaper and stationery retailer WH Smith said on Thursday that it plans to restructure its high street business after a thorough review amid challenges faced by retailers. ... read more

WH Smith's share price slides over 10 per cent as retailer promises to restructure stores

Shares in retailer WH Smith slumped more than 13 per cent in trading today, after its preliminary annual results revealed plans to restructure its high street business amid a challenging trading envir... read more

WH Smith plunges into the red

Struggling retailer WH Smith has plunged into the red, making one of the worst losses in ... which also sell books and magazines, on the High Street. "The High Street retail business delivered an unac... read more

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WH Smith is Closing a Bunch of Shops

More bad news for the UK high street: WH Smith ... the business traded well and we quickly identified the latest trend in the market, becoming a one-stop-shop for all slime related products." Slime to ... read more


Mothercare Shares Drop As Sales Continue To Slump Amid Restructuring

They are down by 70% in the year-to-date, as the firm was hit by the struggles of the UK high street ... into a business that has a sustainable and relevant future for its global customer base. "We ha... read more

Imperial Brands hails repeat business

Imperial Brands hails repeat business. FT Opening Quote ... group Moss Bros report less than magical conditions on the high street. This morning, they said it has been “very tough” doing business, due ... read more

5 Analysts On Q1 Retail Earnings

“Ultimately, we view the company as one of the best-positioned in a secularly challenged mall retail environment given its technology ... tailwinds of forex uplift the international business coupled w... read more

WH Smith to shut six shops in revamp as high street business slips

(Reuters) - Shares in WH Smith ... as closing about six high street stores and restructure some other operations. “We are not ignoring the broader challenges on the UK high street and during the secon... read more

BHS: not multichannel enough?

The move comes weeks after the high street stalwart asked ... more suited to today's multichannel retail environment." But today Duff & Phelps were called in as administrators, with the mission of sel... read more

A Valeant Effort: How Allergan Used Acquisition Accounting To Inflate Sales Growth, Boost NOLs, And Reinvent The Operating Profitability Of Actavis Generics

Management apparently decided it was OK to offload assets and amortization charges from Actavis Generics, thereby vastly overstating the operating performance of the business. Teva's CEO Vigodman has ... read more

UK's WH Smith returns to profit

Chief executive Kate Swann said she was confident about the outlook for the year despite tough trading conditions ... to lure customers. WH Smith said that High Street like-for-like sales fell 3% in t... read more

Thomson Reuters posts sharper-than-expected fall in profit

"Ultimately it's still a tough environment," said Claudio Aspesi, an analyst with Bernstein & Co. "The scrutiny of costs is high ... retail brokers and other types of firms, fell 2 percent to $1.6 bil... read more



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