Retailer WH Smith reported that sales declined in its high street division, despite increases in its travel division unit. Total sales were flat year on year and like-for-like sales down 1% for the 20 weeks to 20 January 2018.
Commenting on announcement, Stephen Clarke, Group Chief Executive said:“ High Street sales were in line with expectations. Our stationery and seasonal ranges, including cards and wrap, performed well with good sales growth versus last year. Book sales were more challenging due to the decline in spoof humour titles and no new, big publishing trends.”
From: Office Times, FRANCE