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WH Smith PLC, trading as WHSmith (also written WH Smith, and known colloquially as Smith's and formerly as W. H. Smith & Son), is a British retailer, with headquarters in Swindon, England, which operates a chain of high street, railway station, airport, port, hospital and motorway service station shops selling books, stationery, magazines, newspapers, entertainment products and confectionery.
[5] [9] [10] [11] WHSmith announced through the ModelZone Twitter page in November 2013 that 10 stores were to carry products under the ModelZone brand name by 23 November 2013. [4] This was later accompanied by usage of the Modelzone brand on WHSmith's website to sell Airfix, Hornby, Corgi, and Scalextric products.
The business can trace its roots to two do it yourself chains, Big K and Calypso. These were bought by LCP (Lunt Comley & Pitt) and traded as LCP Homecentres. In 1978, the business was acquired by WHSmith and renamed W.H. Smith Do It All Limited, trading as WHSmith Do It All.
The company, originally established as "WHSmith News", was renamed Smiths News PLC on its demerger from WHSmith on 1 September 2006. [2]In April 2014, the company rebranded as Connect Group PLC to reflect the diversity of the company's markets.
In 1990 WHSmith took a strong minority stake in the chain, and ten years after its birth, by 1992, Waterstone's had grown to be the largest bookseller group in Europe. WHSmith [20] then acquired the company in 1993 at an enterprise value of £47m, paying £5.27 a share on 8.1m 10p shares, a 53x multiple for the early-stage investors. [21]
In June 1998, the company was sold for £9.4M to WHSmith. The original website address is now redirected to the main WHSmith page. [5] The Internet Bookshop (Oxford) Limited was dissolved in February 2008. [6]
William Henry Smith, FRS (24 June 1825 – 6 October 1891) was an English bookseller and newsagent of the family firm W H Smith, who expanded the firm and introduced the practice of selling books and newspapers at railway stations.
Smiths Group plc is a British, multinational, diversified engineering business headquartered in London, England.It operates in over 50 countries and employs 15,000 staff. Smiths Group is listed on the London Stock Exchange and is a constituent of the FTSE 100 Ind