WH Smith Considers Selling High Street Stores After Years of Decline

The 230-year-old retailer plans to focus on its profitable travel outlets as its high street arm struggles to compete with online shopping and changing consumer habits.

WH Smith has announced it is exploring the sale of its 500 UK high street stores, though no final decision has been made.
The company will retain its travel division, which operates in airports and train stations globally and generates the majority of its revenue and profits.
The high street stores have faced criticism for outdated interiors, high prices, and an inability to compete with online retailers and specialized competitors.
Observers note WH Smith's decline is part of a broader trend affecting legacy high street retailers like Woolworths and Wilko, which have also disappeared in recent years.
The potential sale raises concerns about the future of Post Office counters located in many WH Smith stores, though the company has stated operations will continue if a sale proceeds.