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June 8, 2016By Sarah Weinman

Bookselling: Sales and Comps Decline Again at WHSmith; Sweet Reads Sells Books & Candy; and More

June 8, 2016By Sarah Weinman

WH Smith reported results for the quarter ending June 4, with high street store sales down 4 percent and comps declining 3 percent compared to the same period last year. (In the European tradition, the quarterly report is provided as a brief “trading update” with no actual figures; those come only twice a year.) The company said they “continue with our profit focused strategy with sales in the period in line with expectations.” Release Sweet Reads, a new store that sells both books and candy, has opened in Austin, MN. Owners John and Lisa Deyo conceived of the concept over the course […]

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Filed Under: Bookstores, Finance

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