Comment on WH Smith in secret talks to sell historic high street arm
MonsterMonster@lemmy.world 1 week ago
I’m surprised the High Street stores have remained opened for this long. They were past their usefulness well over a decade ago and have been supported by their airport and hospital shops by ripping customers off.
Outdated. Expensive.
GreatAlbatross@feddit.uk 1 week ago
Smiths own a lot of their commercial property, so they can often hang on to a location when other stores on lease agreements might have closed up.
It’s been talked about for a while, when the vulture capital firms would eventually be in to squeeze all that real estate juice into billionaire pockets.