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WH Smith is in talks to sell its high street shops, the retailer has announced. The firm is talking to prospective buyers for its high street stores – which employ around 5,000 people – as it ...

Retailer WH Smith has shared that it is in talks to sell its high street arm. The company’s high street operation is made up of about 500 stores, the first of which was opened 230 years ago.

The high street business now accounts for only about 15% of annual group trading profit. “Over the past decade, WH Smith has become a focused global travel retailer,” the statement continued.