Sunday, June 8, 2025

WH Smith PLC, the iconic British retailer founded in 1792, has reported a robust (on a constant currency basis) for the 13 weeks ending . This impressive surge underscores the group’s strategic shift from high street retail toward travel-focused outlets across , and other transport hubs.

With the pending sale of its UK high street division to Modella Capital—and its exit scheduled by the end of June 2025—WH Smith is entering the summer season as a

UK aviation activity has recovered substantially. According to Civil Aviation Authority data, passenger throughput at UK airports grew about in 2024 compared to 2023 . London’s principal airports——all posted growth in passenger traffic, supporting the retail‐recovery narrative

Although U.S. February 2025 enplanements were slightly down compared to the record highs of early 2024, air travel remains robust—with around in February, a 4.6% decline from its peak . WH Smith’s North America performance underscores a resilient demand environment.

6. Government Data Supports Travel Lane Recovery

These trends lend empirical weight to WH Smith’s performance: , and passenger behaviour is increasingly favourable for travel‑retail spending.

Strategic Outlook & Conclusion

WH Smith’s June 2025 trading update signals a compelling transformation:

Looking ahead:

• : New store pipeline remains strong—particularly in North America—reshaping the retail footprint.

In summary, WH Smith’s 7% revenue growth across travel markets isn’t isolated—it reflects structural momentum, strategically supported by government-verified increases in air and rail passenger numbers. As the high street fades and modern travel hubs gain prominence, WH Smith is emerging as a resilient, growth‑oriented, global travel‑retail specialist.