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WH Smith to raise £100m as it warns on profits due to Iran war

WH Smith to raise £100m as it warns on profits due to Iran war

10.06.2026 10:09 | The Guardian World

Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East.The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down unprofitable stores after “a downturn in trading conditions”. Continue reading...

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