Friday, 8 July 2011

WH Smiths Results buck the trend...

Smiths results are not as bad as some others recently. The company issued a trading statement yesterday which showed profits rising by three per cent, although predictably sales were down.

Franchises at airports, railway stations and motorway services will help the company.

A future stategy is to abandon dvd and cd sales ( HMV has already decided to do this ). Personally I never really associated Smiths with dvds, and it is many, many years since I bought a CD there.

In Luton WH Smiths is now the only remaining bookshop (unless you count The Works ). I wonder if University of Beds students will buy or order their text books from the store ?

Or will Amazon get even more trade ?

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