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British retail faces a reckoning as WH Smith looks to sell its stores

Members of the public walk past a branch of a WH Smith Plc in Orpington on January 23, 2025 in London, England.
British retailer WH Smith is looking to sell its historic high street business to focus on its travel store unit in the latest hit to the U.K.’s retail industry.
The 232-year-old retailer said Monday that it was exploring the sale of more than 520 high street stores, which sell newspapers, books and stationery, confirming reports over the weekend that talks were underway.

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