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WH Smith sees profit surge in travel shops, plans to sell struggling high street stores.
WH Smith reported a 17% profit increase in its airport and railway station shops, reaching £63 million in the six months to February, while its high street profits fell by 25% to £20 million.
The company plans to sell its high street stores to Modella Capital for £76 million and rebrand them as TGJones.
WH Smith expects to expand its travel division, focusing on North America, where passenger numbers are forecast to double over the next two decades.
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WH Smith ve un aumento de ganancias en las tiendas de viajes, planea vender las tiendas de la calle que están en apuros.