A good performance by W H Smith

Abstract

W H Smith is performing well, on the whole. Apparently the low average spend in the group is cushioning it against consumer downturn; conversely, sales at the Do‐It‐All DIY chain have been affected. W H Smith has also bought the prestigious Waterstones group of bookshops and plans to add to it Sherratt & Hughes. This will improve Smiths' share of the book market from about 17 to a massive 20 per cent. Also in this feature: Great Universal Stores and Boots.

Citation

Cox, R. (1989), "A good performance by W H Smith", Retail and Distribution Management, Vol. 17 No. 5, pp. 50-52. https://doi.org/10.1108/eb018426