WHSmith buys Dixons Travel stores at UK airports

Date:
Fri, 09 Jul 2021 12:10:56 +0000

Description:
WHSmith gets retail platform for InMotion brand.

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WHSmith has acquired 18 retail outlets at UK airports for its InMotion technology and accessory business.

Travel stores at airports and train stations have long been a source of
growth for the company, which started out as a newsagent in the 1700s before diversifying into other areas of retail.

The 2018 acquisition of US-based InMotion in 2018 was intended to strengthen this area of the business and expand it into markets beyond North America including the UK. These are the best business SIM-only deals around today And the best business broadband deals Here are the best business mobile phone deals WHSmith retail

As many as 17 of the sites were vacated by Dixons Carphone, which closed 25 Dixons Travel outlets during the pandemic, and are located at major hubs like Heathrow, Stansted, Manchester, Luton, Birmingham, and East Midlands.

Dixons Carphone was apparently unconvinced that passenger levels would return to a level high enough to support the stores, but WHSmith clearly things otherwise.

It says the stores will build on InMotions experience of the US market and will offer a combination of superior customer service and premium products from the likes of Apple and Samsung. It anticipates that in a fully recovered travel environment these stores will deliver revenues of 60m a year.

In addition to the InMotion stores, WHSmith is looking to open other outlets across all markets in the near future.

Going forward, we see further opportunities to win additional WH Smith stores in airports and hospitals and we are well positioned as travel markets
recover and passenger numbers increase, it said. Here are the best mobile phone deals around today



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Link to news story: https://www.techradar.com/news/whsmith-buys-dixons-travel-stores-at-uk-airport s/


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