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WHSmith sales boosted by travel business

Total sales at WHSmith rose by 6% during the 20 weeks to 19 January, buoyed by an increase in travel sales.

High street sales fell by 2% on a like-for-like basis and 1% on a total basis. This compares with a 3% increase in like-for-like sales at travel hubs.

Overall, group like-for-like sales remained static in the 20-week period.

WHSmith said it plans to open 20 new travel units this year.

Stephen Clarke, group chief executive, said: “Our travel business continued to grow across all channels. This was driven by our ongoing investment in the business, including the roll out of our new concept stores at Heathrow, and growth in air passenger numbers.

“High street delivered a good performance, particularly in stationery, driven by good growth in Christmas cards, wrap, diaries and fashion stationery.

“Looking ahead, while there is existing uncertainty in the broader economic environment, the group is well positioned for the year ahead and beyond.”

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