WHSmith: sales in travel units worldwide 2011-2023
After 2020, WHSmith's travel units revenue was significantly impacted by the lockdowns caused by COVID-19. In 2021, this company had generated 401 million British pounds in sales, but bounced back in 2023 with over 1.3 billion British pounds attributed to sales realized in travel units.
WHSmith worldwide
WHSmith is a global retailer specializing in books, stationery, newspapers, and magazines, with a strong presence in the United Kingdom (UK). In 2023, the group generated 1.8 billion British pounds in revenue, of which over 72 percent came from travel units. Worldwide, the group operates mainly in airports, while it is also present in the most significant high streets and shopping centers in the United Kingdom.
Books, newspapers, magazines, and stationary market in the UK
Retail sales of stationery in the United Kingdom stood at 5.43 billion British pounds in 2021, and according to a study conducted a year later, people between 65 and 75 years old spent the most per week on newspapers, books, and stationary. However, the household expenditure on newspapers, books, and stationery has been decreasing over the years.