Is Modelzone still trading?
Is Modelzone still trading?
On 28 August 2013, administrators announced that the company would cease independent trading during September 2013 and the remaining 18 shops would close at that point….Modelzone.
| (Current logo) | |
|---|---|
| Type | Subsidiary of WHSmith plc |
| Founded | Brighton, England (8 November 1937) |
| Fate | Acquired by WHSmith, maintained as specialist brand |
What happened to Modelzone?
Toy and hobby retailer Modelzone has collapsed into administration, leaving 400 jobs at risk in the latest blow to the British high street. The company has appointed administrators from Deloitte in the hope of finding a white knight to save the business.
Why did Modelzone fail?
“Modelzone has been generating losses over the past few years, largely through an increase in online competition and having taken leases on new stores that proved to be unprofitable.” …
Is WH Smith closing down?
WH Smith is set to close 25 high street stores, affecting nearly 200 jobs, after the coronavirus pandemic pushed the retailer £280m into the red. The books to paperclips chain said it was likely to permanently close the stores, which are mainly smaller outlets, after sales in its high street business fell 19%.
What does Whsmith sell?
WH Smith (also known as WHS or colloquially as Smith’s, and formerly W. H. Smith & Son) is a British retailer, headquartered 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.
How many high street stores does WHSmith?
In 2020, WHSmith had 1,174 stores in travel locations (e.g. railway stations and airports) and an additional 568 high street stores. In that same year, the company’s sales revenue in high street stores in the United Kingdom reached 468 million British pounds….
| Characteristic | Travel* | High street |
|---|---|---|
| – | – | – |
How old is WHSmith?
About 229 years (1792)
WHSmith/Age
We have continued to evolve for over 225 years within a changing retail landscape. Established in 1792, WHSmith’s first store was opened by Henry Walton Smith and his wife Anna in Little Grosvenor Street, London. A few decades later, WHSmith opened the first ever travel retail store in London’s Euston station in 1848.
What does WH stand for in WHSmith?
Seeing the potential of the new technology, William Henry Smith opened his first railway bookstall on November 1st, 1848.
What WHSmith sells?
Is WHSmith a newsagent?
The first newsagent in the Smith family name opened in 1792, and the company, WHSmith, was created in 1828. WHSmith.co.uk was launched in 1999. You probably know us best for books, newspapers and stationery.
What did WHSmith used to be called?
Smiths News PLC
2006. Demerger of Retail and News Distribution businesses becomes effective with the creation of two separately listed entities – WH Smith PLC (formerly the Retail business) and Smiths News PLC (formerly WHSmith News).
Why is WHSmith called WHSmith?
After their deaths, the business—valued in 1812 at £1,280 (equivalent to £85,882 in 2019)—was taken over by their youngest son William Henry Smith, and in 1846 the firm became W. H. Smith & Son when his only son, also William Henry, became a partner.
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