WH Smith considers sale of high street arm
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WH Smith is exploring strategic options for its high street arm, including a potential sale, as it focuses on its global travel retail business.
British retailer WH Smith is currently in discussions regarding the sale of its high street division, as confirmed in a statement released on Saturday. The company expressed that it is "exploring potential strategic options for this profitable and cash generative part of the group, including a possible sale".
Over the last decade, WH Smith has transformed into "a focused global travel retailer," operating over 1,200 stores in 32 countries. Notably, the first of its more than 500 high street stores opened 230 years ago.
