High Street Giant with 1,400 Branches
WHSmith, the popular bookshop and stationery retailer, is set to close one of its stores in Manchester. With 1,400 branches across the UK, the closure is part of a larger plan to focus on airports and train stations instead of high street locations.
Store Closing on December 2nd
The WHSmith store on Manchester's Market Street is due to cease trading on Saturday, December 2, 2023. A sign in the window thanks customers for their loyalty and informs them that the nearest WHSmith will now be at the Trafford Centre.
Massive Closing Down Sale
Shoppers can take advantage of a massive closing down sale at the Manchester store. Everything in-store is currently 50% off as WHSmith looks to clear stock before the closure.
Expanding in Travel Locations
WHSmith's focus on airports and train stations comes as it looks to expand in the US and Europe. CEO Carl Cowling stated that the company has no plans to open more UK high street stores.
Challenging Times for Retailers
WHSmith is not the only retailer facing difficulties in the current economic climate. Many high street shops are struggling due to reduced consumer spending, high energy costs, and the shift to online shopping.
Some Retailers Closing, Others Expanding
While some well-known retailers have been forced to close stores or face administration, others are expanding their operations. Poundland, for example, plans to open 50 new stores by the end of the year, and B&M is opening more than a dozen new branches across the UK by 2023.
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