book2book

  booktrade.info

Search Booktrade.info:  


Wednesday 3rd September

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Cost Cutting Helps Profits At WH Smith Despite Falling Sales

Posted at 8:31AM Wednesday 22 Jan 2014

A squeeze on costs helped WH Smith record a "good profit performance" over Christmas, despite the quarter marking a decade of declining festive sales at the retailer.

Like-for-like sales were down 4% for the 20 weeks to January 18. They have been consistently negative for this period since 2005 but the retailer's strategy of focusing instead on margins is admired by City analysts.

Standard

Christmas Trading Statement




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

Eleanor Catton Uses Prize Earnings To Establish Grant To Give Writers Time To Read
www.theguardian.com

Booker-winning author of The Luminaries uses New Zealand Post prize money to encourage 'the first step' to good writing

B&N Testing Espresso Book Machines
www.publishersweekly.com

Barnes & Noble is the latest bricks-and-mortar bookselling operation to become involved with the Espresso Book Machine

Mafia Memoir Triggers Row After Winning Sicilian Literary Prize
www.theguardian.com

Controversy as Giuseppe Grassonelli's Malerba wins Sciascia-Racalmare prize, named after writer who challenged Cosa Nostra

Amazon Faces Tax Dispute In India
www.ibtimes.com

Amazon expansion plans for India have hit a snag after the company finds itself in a tax dispute in Bangalore

Internet Archives And Flickr Make Massive Trove Of Book Images Available
www.quillandquire.com

Millions of historical images posted to Flickr

Claudio Magris wins FIL Literary Award in Romance Languages
www.complete-review.com

oh and he also picks up US$150,000

Account Sign-In

Most Popular Stories

  1. Germaine Greer Defends Amazon
  2. Will Self attacks 'literary mediocrity' George Orwell
  3. Samuel Johnson Prize 2014 Longlist Spotlights Memoirs
  4. HarperCollins UK Launches New eBookStore
  5. Internet Archives And Flickr Make Massive Trove Of Book Images Available
  6. Was Suge Knight Shot To Stifle Publishing Of Tell-all Book?
  7. Claudio Magris wins FIL Literary Award in Romance Languages
  8. If Shakespeare Wrote Pop Songs
  9. Amazon Faces Tax Dispute In India
  10. Choc Lit & Whole Story Audiobooks Search For A Star