News. The retailer group will close six big stores and wind down its 20-strong Cardmarket chain and 80 franchised convenience store arm WH Smith Local. Free Standard Delivery over £15 - Ends Midnight Monday 9th May. Walmart is closing or has already closed at least 22 stores across 14 US states and Canada. A WHSmith spokeswoman said: "We can confirm that the WHSmith store in Littlehampton will close in June 2021 when our lease expires. The retailer, which launched in 1985, and currently has 607 high street stores. WH Smith opening and closing times. The big High Street name has not yet revealed which stores are set to close, but described them as "loss-making". William Hill to close 700 betting shops M&S could close even more stores One-off costs of the review sent group pre-tax profits down 4% to £134 million for the year to August 31. WH Smith on Thursday said it expected to not renew the leases on 25 High Street stores across the country over the coming year as part of efforts to cut costs. Dec 8, 2021. Important Update 2020/21: Store opening hours are subject to change at short notice over the coming weeks as we continue to follow government guidance regarding Covid-19. Express Delivery Available* Boredom Busters - £10 & Under Get Jubilee Ready - … Store Locator | WHSmith. WH Smith has revealed it will be closing six loss-making high street stores, as well as "winding down" … WHSmith boss Cowling: ‘We’re confident that travel is back for good’ 2022-04-27T15:29:00+01:00 By Rosie Shepard. THE retailer WHSmith has revealed the fate of its Darlington store after confirming the permanent closure of a branch in County Durham. Read More Related Articles. The book and travel retailer made a pretax loss of £226 million, compared with a profit of £135 million in 2019. 3 For 2 Files & Folders. Thank you for your patience. 15:41, 11 OCT 2018; WH Smith says it is planning to close 25 high street stores over the coming months as it reported a £280m annual loss thanks to the impact … WH Smith saw trading profits in its high street stores fall 3% to £60m, but this was offset by a 7% rise in profits at its travel arm to £103m. All … The WHSmith store in Tonbridge High Street is to close this summer. Commenting on the decision to close the store, a WHSmith spokesperson said: “We can confirm that the WHSmith store in Nottingham Lister Gate will close in May 2021 when our lease expires. Shop online or find out more about us. The retailer said the six stores closing were "loss-making" because of … In 2021, WHSmith had 1,166 stores in travel locations (e.g., railway stations and airports) and an additional 544 high street stores. 5 August: M&Co, the Renfrewshire-based clothing retailer, formerly known as Mackays, will close 47 of 215 stores. It was set up back in 1792 in London, England by Henry Walton Smith And Anna Smith. The group has kept about 300 of its 1,700 stores open throughout the crisis, including 203 high street outlets and a further 130 in hospitals. The high street store has said it will not renew the leases on some of its shop locations meaning they will shut permanently over the next year. A COUNTY Durham branch of WHSmith will close its doors for good later this month, the retailer has confirmed. Lord & Taylor will close two more stores in 2020 after closing its flagship store in New York City in 2019. Lord & Taylor. As of 31 August 2020, the … Plans have been submitted by the landlord to build residential flats on the site, leading to the closure of both the post office and the WHSmith store. Up to 30% Off Premium & Gift Pens. W H Smith has closed 60% of its shops today (Tuesday 24th March), following new government advice shutting libraries and all "non-essential" shops. WHSmith in Tonbridge is to close (Image: Google Maps) The WHSmith store in Tonbridge High Street is to close this summer. 1. WHSmith, on Market Hill, Sudbury, will shut its doors in June, at the end of the lease expiry, due to being unable to continue trading viably from the location. Close. WHSmith's 610 high street stores in the UK are set to fall after profits plummeted by £2m. Wholesaler Bookspeed has … Kids’ Book Sale. The retailer’s high street business posted a loss of £10m for the 12 month period, down from a profit of £60m a year earlier. The store is set to close in August. In the U.S. market, overall revenue is down by about 80% for WHSmith but the company notes “an encouraging performance” from the 147 stores that it has reopened to date. WH Smith saw trading profits in its high street stores fall 3 per cent to £60 million, but this was offset by a 7 per cent rise in profits at its … WHSmith confirms closure of the store in Lister Gate, Nottingham. Thank you for your patience. Some of our stores may close upper floors to focus on essential post office and newsagent services. WH Smith is to close 25 high street stores, affecting nearly 200 jobs, after being “heavily impacted by the pandemic”. A spokesperson from Post Office confirmed to KentLive that the site will close at the end of July following an application submitted by the landlord. WHSmith is also ending a trial of smaller "local stores" and closing CardMarket – an online trading card gaming marketplace. The chain said it does not know how many jobs will be affected but employees will be redeployed to new stores opening in hospitals, airports and other travel hubs. The group’s operations have long been a tale of two halves … THE retailer WHSmith has revealed the fate of its Darlington store after confirming the permanent closure of a branch in County Durham. WH Smith has reviewed its high street presence as sales and profits fell in that division over the course of its last financial year, closing six stores as a result. The stationery, books and gifts chain has not yet … … WHSmith chief executive Carl Cowling has told Retail Week he is sure the leisure travel industry will boom through the summer and beyond – … WHSmith has 610 high street stores in the UK, meaning that 0.9 per cent will close. News Oct 11, 2018 by Katherine Cowdrey. Over the next three years, the group will close six WH Smith stores and 24 Cardmarket outlets that are not making a profit in the challenging high street conditions. A national retailer is due to close one of their stores in Suffolk later this year in a blow to the High Street. ... Click & Collect From 100s Of UK Stores Easy Returns. Up to Half Price Biographies. A spokesperson for WHSmith said: “We can confirm that the WHSmith store in Stourport will … The retailer said the six stores closing were "loss-making" because of … WHSmith in Gillingham will be closing its doors in the New Year and has launched a closing down sale ahead of the Christmas period. The store will close at the end of July due to redevelopment plans drawn up by the landlord. Newsagent WH Smith ( SMWH.L) has announced plans to close another 25 shops after slumping to a £280m loss. The stationery, books and gifts chain is shutting "around" half a dozen stores after reporting a fall in its yearly profits. The retailer operates over 500 shops across the UK and closed eight stores last year. WHSmith has 610 high street stores in the UK, meaning that 0.9 per cent will close. WH Smith has been named the worst UK high street retailer. MENU. A retail giant has confirmed it is to shut down another Kent town centre branch. The review, said the multichannel retailer, a Top100 business in IRUK Top500 research, in full-year results out this week, was intended to make sure the business remained fit for purpose now and in the future. WHSmith has thanked its store workers and said staff will be redeployed to nearby stores where possible. Some of our stores may close upper floors to focus on essential post office and newsagent services. A retail giant has confirmed it is to shut down another Kent town centre branch. Retailer WHSmith will be closing six of their stores after reporting a fall in yearly profits. Share; By. WH Smith has 610 high street stores and 839 travel outlets across the UK, meaning 0.9 per cent will close. WH Smith is widely recognized as one of the most well established chains in the United Kingdom. Its deicison to shut some brick and mortar stores comes after it reported a fall in profits for its high street arm from £62million to £60million in the year to August. Stephen Clarke, WHSmith group chief executive, said: “We had a good year despite the well documented challenges of the UK high street. WH Smith – 1,500 jobs It means the High Street will be without a Post Office, which is currently housed in the WHSmith store. Bideford Marks and Spencer outlet store announces shock closure WHSmith has 568 stores after closing eight already this year - it has not named the locations of the 25 more stores it's planning to close. What are my redundancy rights? BEFORE making you unemployed, your employer should still carry out a fair redundancy process. The high street business reported a 19% fall in total revenue, with like-for-like revenue also down 19%. Six WHSmith high street stores are to close Credit: PA:Press Association. Buy 1 Get 1 Half Price WHSmith Photo Albums. All The stores impacted by the closures include a … WHSmith (also written WH Smith colloquially as Smith's and formerly, W. H. Smith & Son) is a British retailer, headquartered in Swindon, England, which operates a chain of high street, railway station, airport, port, hospital and motorway service station shops selling books, stationery, magazines, newspapers, entertainment products and confectionery. WHSmith has 610 high street stores in the UK, meaning that 0.9 per cent will close. Meanwhile profits in its high street arm had fallen three per cent to £60 million. The store will close at the end of July due to redevelopment plans drawn up by the landlord. As of 2022 WH Smith has 893 locations and employs 14,391 people. Top Savings on Big Books. This is the latest WHSmith's to close in north Kent following the branch in Gillingham high street which closed on January 8. Join the debate... Register or log in via Facebook, Twitter, LinkedIn, Google+ or your KentOnline account to post comments. men. Important Update 2020/21: Store opening hours are subject to change at short notice over the coming weeks as we continue to follow government guidance regarding Covid-19. WH Smith is to close 25 stores after recording a £280m annual loss … Welcome to WHSmith. According to WHSmith’s preliminary results published last week, it decided to wind down WHSmith Local after a “detailed review”. WH Smith has become the latest retail chain to announce a series of store closures after posting a fall in annual profits for its high street division. Sale and Offers. WHSmith in Gillingham will be closing its doors in the New Year and has launched a closing down sale ahead of the Christmas period. WHSMITH is planning to close 25 of its shops putting another 200 jobs at risk as it continues to feel the impact of the coronavirus crisis. News. Veteran high street newsagent, bookseller and gift retailer WHSmith is to close its store on Lister Gate in the city centre, citing poor trading performance at … Store Locator | WHSmith. Here you can find stationery, books, toys and games and many more products. … WHSmith will be left with just one store in the centre of Nottingham, in the Victoria Centre, which is … Redundancies hit record high as hundreds of thousands lose jobs. It means the High Street will be without a Post Office, which is currently housed in the WHSmith store. Stuart Greer. The High Street retailer has not yet named which of its premises will close 1.
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