The Chonkerton

Up to 150 ex-WHSmith High Street stores to close as rescue deal approved

business

The British book and retail chain WHSmith is closing up to one hundred fifty of its stores as part of a court-approved restructuring. The remaining locations will benefit from steep rent reductions to improve profitability. The closures represent another chapter in the high street's ongoing struggle against online retail and shifting consumer habits.

Source: https://www.bbc.co.uk/news/articles/cn751pkmgyxo?at_mediu...

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