WH Smith Snaps up Former Dixons Travel Stores to Expand InMotion Chain in UK
Retailer WH Smith has bought a raft of former Dixons Travel stores in airports as it expands its U.S. InMotion tech and accessories business into the UK. The group said it bought 18 stores, including 17 Dixons Travel stores, at sites including major UK airports London Heathrow, London Stansted, Manchester, London Luton, Birmingham, and East Midlands, which will deliver sales of around £60 million ($83 million) a year. In April, Dixons Carphone confirmed plans to close its 35-strong airport store business Dixons Travel after it was hammered by the pandemic and the end of tax-free tourist shopping. WH Smith plans to take on around 200 of the 400 Dixons Travel staff who were affected by the closures. WH Smith bought U.S. airport-based retail giant InMotion in late 2018 in a deal that doubled the size of its international travel business. At the time, InMotion was the largest airport-based digital accessories …
Originally found on the Epoch Times Read More
