W H Smith extends financing arrangements after 'better than expected' sales

W H Smith has extended its bank financing arrangements, including extending two existing £200m term loans to October 2023, and reported a “better than expected” performance in the first part of 2021. Continue reading at 'The Bookseller'

[ The Bookseller | 2021-03-09 15:38:01 UTC ]

Other news stories related to: "W H Smith extends financing arrangements after 'better than expected' sales"


W H Smith sales hit 85% of 2019 levels after good Christmas trading

W H Smith has reported a "good performance" for the 20-week period to 15th January 2022, with total group revenue at 85% of 2019 levels.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 20:43:57 UTC ]
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W H Smith reports £116m loss but expects return to profit in 2022

W H Smith reported a group loss before tax of £116m for the year to end August 2021, although the retailer said it expected to return to “meaningful profit” in 2022 with a return to pre-pandemic levels. Continue reading at The Bookseller

[ The Bookseller | 2021-11-10 20:28:22 UTC ]
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W H Smith extends financing arrangements after 'better than expected' sales

W H Smith has extended its bank financing arrangements, including extending two existing £200m term loans to October 2023, and reported a “better than expected” performance in the first part of 2021. Continue reading at The Bookseller

[ The Bookseller | 2021-03-09 15:38:01 UTC ]
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W H Smith delays Cowling pay rise after shareholders object

W H Smith has delayed a £25,000 pay increase for c.e.o. Carl Cowling after 33% of voting shareholders opposed the company's remuneration plans at this week's annual general meeting. Continue reading at The Bookseller

[ The Bookseller | 2021-01-20 17:11:37 UTC ]
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Devon indie to open in time for Christmas

Nigel Jones, formerly of Ottakar's and the Totnes Bookshop, and his wife Claire Jones, a former W H Smith children's buyer, are to open their own independent bookshop in Totnes, two weeks before Christmas.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-30 12:29:44 UTC ]
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Osman's debut novel announced as W H Smith Book of the Year

Richard Osman's debut crime novel The Thursday Murder Club (Viking) has been named W H Smith's Book of the Year for 2020.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-05 01:31:10 UTC ]
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W H Smith to cut up to 1,500 jobs in restructure after Covid-19 hits business

W H Smith has announced plans for a major restructure which could see around 1,500 roles made redundant across the business. Continue reading at The Bookseller

[ The Bookseller | 2020-08-05 02:02:59 UTC ]
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Redundancy consultation for 150 staff at W H Smith head offices

One hundred and fifty members of staff at W H Smith's head offices in London and Swindon have entered redundancy consultations, the retailer has confirmed to The Bookseller. Continue reading at The Bookseller

[ The Bookseller | 2020-07-02 04:43:21 UTC ]
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W H Smith to raise cash as coronavirus bites

W H Smith has confirmed it plans to strengthen its balance sheet with new lending facilities of £120m accompanied by an equity issue of up to 13.7% of its issued share capital.   Continue reading at The Bookseller

[ The Bookseller | 2020-04-05 20:57:09 UTC ]
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W H Smith closes 60% of stores as Johnson shuts shops and libraries

W H Smith has closed around 60% of its shops after the Prime Minister ordered non-essential stores to shut owing to the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 20:27:47 UTC ]
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W H Smith issues £40m profit warning as coronavirus hits travel business

W H Smith has warned the impact of the coronavirus outbreak could cut its profit by up to £40m as the pandemic hits its Travel business.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-12 09:57:11 UTC ]
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Bath branch leads the way as W H Smith revamps estate with diversity the focus

The mass-market retailer has launched a raft of changes at its Bath store, appealing to its core market of light readers and consumers of children’s titles under a new books duo. Continue reading at The Bookseller

[ The Bookseller | 2019-12-02 07:34:31 UTC ]
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Change to books team at W H Smith as Carrington made trading director

W H Smith's trading director for books, news and impulse Al Aldous will move across to W H Smith's online personalised greeting cards and gifts business next month. Continue reading at The Bookseller

[ The Bookseller | 2019-11-25 00:40:53 UTC ]
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Strong year for Children's publishing as W H Smith unveils Books of the Year

W H Smith has unveiled its Books of the Year, with the retailer recognising two children's books for the first time.  Continue reading at The Bookseller

[ The Bookseller | 2019-11-13 15:22:56 UTC ]
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W H Smith boosted by travel stores ahead of full year results

W H Smith has been boosted by a "strong performance" of its travel stores as the retailer says it expects full year results to be in line with expectations, ahead of c.e.o. Stephen Clarke's departure.  Continue reading at The Bookseller

[ The Bookseller | 2019-08-28 09:11:14 UTC ]
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W H Smith opens flagship The Bookshop at Gatwick

W H Smith has opened a flagship branch of The Bookshop, the largest yet of its 12 standalone stores, at Gatwick Airport’s North Terminal. Continue reading at The Bookseller

[ The Bookseller | 2019-08-05 09:37:10 UTC ]
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