EXPLAINED: Wh smith | Rare Historical Photos

WH Smith set for sharp fall in profits amid cost and trading pressures

The retailer now expects profits to drop to around £75 million for the year to August 31, down from £108 million in 2024-25.

Evening Standard · Sep 16

Judge casts doubt on future of WH Smith replacement TG Jones

Mr Justice Hildyard, who approved rescue plan in July, said turnaround plan came with ‘very considerable’ risks

The Guardian - UK · Aug 5

Former WH Smith Chain on Brink of Collapse: £8M Shortfall Threatens 4,700 Jobs and 150 Stores

TG Jones, formerly part of WH Smith, narrowly avoided collapse with a court-approved restructuring plan. Learn about the impact on 150 high street stores, 4,700 jobs, and the financial burden on suppliers and landlords.

International Business Times UK · Jul 2

Former WH Smith’s small suppliers to lose at least half of debts in rescue plan

If TG Jones’s aggressive restructuring is voted through, small ‘non-core’ creditors such as greeting card firms will be hit worst

The Guardian - UK · Jun 24

FTSE 100 rises but profit warning rocks WH Smith

Market sentiment remained wary following fresh US military action against Iran.

Evening Standard · Jun 10

WH Smith asks investors to raise £100m as Iran war and falling passenger numbers hit profits

The chain incorporates shops in travel locations such as airports and train stations

The Independent UK · Jun 10

WH Smith warns on profit and plans equity raise as airport passenger numbers dip

The chain, which incorporates shops in travel locations such as airports and train stations, said consumers had been tightening their budgets.

Evening Standard · Jun 10

WH Smith raises £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as falling US airport traffic due to Middle East conflict hits trading

The Guardian - UK · Jun 10

PwC under investigation by accounting watchdog over WH Smith audit

WH Smith admitted last year it overstated profits for its North American business by as much as £50 million because of an accounting blunder.

Evening Standard · Jun 9

I warned that putting post offices into WH Smith branches would put them at risk

Letter: Liz McInnes says her fears about the move back in 2019 are coming true as towns such as Middleton will lose access to postal services with TG Jones closing

The Guardian - UK · May 18