WH Smith won't expand entertainment offering after HMV collapse - 'It just isn't profitable'
WH Smith CEO Kate Swann has made it clear that the High Street retailer has no intention of expanding its entertainment offering following HMV’s collapse, because “entertainment retail just isn’t profitable”.
CDs and DVDs have found increasingly narrow shelf space at the retailer in recent years, as the brand has put more focus on the sale of books, stationary and news.
Speaking to the Financial Times, when asked whether WH Smith would boost its entertainment section following HMV’s ...
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