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April the cruellest month for WH Smith

The retailer expects to reopen stores in its second half
May 15, 2020

WH Smith’s (SMWH) half-year figures through to 29 February are of secondary importance to what was to follow. April revenues in the travel segment plummeted 91 per cent, owing to the mass closure of stores in airports and railway stations. The group's high street outlets fared little better during the month, following on from a £44m trading profit in the period under review.

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