· wh smith ’s historic high street chain is on the brink as buyers weigh drastic closure plans. · by removing exposure to the uk high street , the sale will improve wh smith ’ s margins and accelerate growth in profit and earnings per share. Crucially, the sale does not include the whsmith brand, which will remain exclusively associated with the faster-growing travel retail business. How many wh smith stores are there? Wh smith will confirm the plan to the london stock exchange on monday morning. · sky news can exclusively reveal that the listed retail group, which has a market capitalisation of almost £1. 5bn, has been in negotiations with a number of prospective buyers of the division for several weeks. Did wh smith receive a £10 million upfront payment? How much money has wh smith received? Is wh smith selling a high street store in london? · discover the latest updates on wh smith s high street division sale, with only alteri and modella capital remaining as buyers , as reported on. Who is bidding on whsmiths high street stores? · modella capital has added claires accessories to its growing list of high street brands, which already includes hobbycraft and wh smith stores. Why did wh smith cut £12 million? · the division , which turned over £32m in profit in its most recent year, has attracted several high profile retail investors and retail gazette takes a look at who’s in the running. Wh smith ’ s high street division is hanging by a thread, with only two potential buyers left in the race to take control of its 500-store empire.
