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Today
UK retailer WH Smith is looking to sell their High Street business–that is, their trade bookstores–as it focuses on its more profitable airport stores. “WH Smith confirms that it is exploring potential strategic options for this profitable and cash generative part of the group, including a possible sale,” the company said in a statement. “Over the past decade, WH Smith has become a focused global travel retailer. The group’s travel business has over 1,200 stores across 32 countries, and three-quarters of the group’s revenue and 85% of its trading profit comes from the travel business. “There can be no certainty …
Deal of the Day
Author of THE HONEYS Ryan La Sala's THE DEAD OF SUMMER, about a teen fighting to survive a deadly summer in a queer resort town off the coast of Maine after it is put into lockdown to contain a mysterious, supernatural plague rising from the sea, to Jody Corbett at Scholastic, in a significant deal, in an exclusive submission, in a two-book deal, for publication in fall 2025, by Pete Knapp at Park, Fine & Brower Literary Management (NA).
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