255: WH Smith’s ever-increasing overseas exposure

Thriving travel unit is a source of strength for books and stationery seller
High-flying retailer WH Smith ( SMWH ) has so far won the rights to run 255 outlets in overseas transport hubs; 213 are already operational. Many people don’t realise it is increasingly generating more money from outside the UK. WH Smith now has exposure to 25 countries and 42 non-UK airports. Its travel division – which includes sites in UK train stations and airports – continues to be the...

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