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

https://www.theguardian.com/profile/marksweney· ·3 min read · 0 reactions · 0 comments · 7 views
WH Smith to raise £100m as it warns on profits due to Iran war

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 unprof

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the Guardian · https://www.theguardian.com/profile/marksweney
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WH Smith operates 1,200 outlets globally in airports, railway stations and hospitals. Photograph: Guy Bell/Alamy Stock Photo/Alamy Live News.View image in fullscreenWH Smith operates 1,200 outlets globally in airports, railway stations and hospitals. Photograph: Guy Bell/Alamy Stock Photo/Alamy Live News.WH SmithWH Smith to raise £100m as it warns on profits due to Iran warRetailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflict Business live – latest updates Mark SweneyWed 10 Jun 2026 03.46 EDTFirst published on Wed 10 Jun 2026 03.09 EDTSharePrefer the Guardian on GoogleWH 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…

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