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

The Guardian World

Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflict

Business live – latest updates

WH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East.

The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down unprofitable stores after “a downturn in trading conditions”.
Continue reading...

전문 보기

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

관련 뉴스

'world' 카테고리 뉴스

Luistro: Pre-trial to give peek at how Sara Duterte tackles impeachment

Ortega to Sara Duterte: Your friends are well-involved in Senate chaos

House focused on results, economic growth under Dy – Rep. Horibata

The Guardian의 다른 기사

Four Palestine Action protesters sentenced as terrorists would be ‘constitutional threat’

US and Iran exchange fire as Vance says deal could be months away | First Thing

Weight-loss drug users save over £400 a year on grocery bills as take-up triples