UK retail chain WH Smith released a preliminary trading update for the period ended January 20, reporting overall sales up 8 percent. The upswing is driven by the company’s travel stores, which grew 13 percent. High street bookstore sales, on the other hand, fell 4 percent from last year, as expected. “We maintained good stock availability and we exited Christmas with a clean stock position,” the company said in a release. “We are on track to deliver our targeted full year cost savings of £10m.” “The Group is trading well and is in its strongest ever position as a global […]
