BSR
BSR
  • Home
  • Distressed Businesses
    • All Distressed Businessess
    • Administrations
    • Liquidations
    • Winding Up
    • Insolvency Advice  New
  • Buy a Business
    • All Businesses for Sale
    • Find a Business for Sale
    • Raising Business Finance
    • Buyer Acquisition Service   New
    • Escrow Service   New
  • Sell a Business
    • Sell Your Business
    • Seller Accounts
    • Need Help Selling?
    • Help With Finance New
    • Business Valuation
    • Business Wanted Adverts
  • Insights & News
    • View All News
    • View All Insights
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / WHSmith acquires Dixons Travel airport stores

WHSmith acquires Dixons Travel airport stores

Fri, 09 Jul 2021 | BUSINESS SALE

WHSmith acquires Dixons Travel airport stores

Swindon-headquartered retailer WHSmith has acquired 18 stores, 17 of which are former Dixons Travel stores, as it plans to bring its US InMotion brand to the UK. The acquisition includes many stores in major UK airports, as well as some train stations.

Dixons Carphone announced that it would close its 35 Dixons Travel outlets in April, following the devastating impact of COVID-19 on travel as well as the end of duty-free shopping in the UK. The closures impacted around 400 staff, 200 of which WHSmith says it will now take on.

Dixons’ decision to close the stores reflected an apparent pessimism on the company’s part about the return of travel to pre-pandemic levels. However, WHSmith appears to be betting on a recovery, saying that, in a “fully recovered travel environment”, it expects the stores to generate annual revenue of around £60 million.

The acquisition includes stores at major UK passenger hubs, including at airports such as London Heathrow, London Stansted, London Luton, Manchester, Birmingham and East Midlands. The stores will now join the InMotion brand as WHSmith seeks to expand the chain from the US.

WHSmith acquired InMotion in 2018, with the business’ more than 100 stores across more than 40 US airports doubling the retailer’s international travel operation. Despite WHSmith’s high street and travel operations continuing to be hit by factors including COVID-19, the company says that it is “encouraged” by improving trends over recent weeks as lockdown restrictions have eased in the US and UK.

Along with the acquisition of the Dixons Travel stores and expansion of InMotion, WHSmith has also confirmed plans to expand into new areas. The company said: “Going forward, we see further opportunities to win additional WH Smith stores in airports and hospitals and we are well positioned as travel markets recover and passenger numbers increase.”


Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Luxury Vehicles Retailer Utilising a Showroom-free Business Model
UK Wide

The company offers an extensive range of luxury cars, including vehicles from prestigious manufacturers such as Aston Martin, Ferrari, Lamborghini and Rolls Royce. The business operates with a unique showroom-free approach, utilising a dedicated onli...

Asking Price: Offers Invited
Turnover: £97,000,000

FREEHOLD


E-commerce Sales of Jewellery, Lingerie & Sexual Health Products
UK Wide

The company offers the sale of fashion jewellery, lingerie, and sexual health products and toys, pyjamas, gym clothing, beachwear, and PPE. Priding itself on its high-quality products and exceptional customer service, the company offers its produc...

Asking Price: Offers Invited
Turnover: £5,500,000

LEASEHOLD


Luggage and Hamper Gifting Business
UK Wide

A thriving e-commerce business that specialises in both travel luggage and hamper gifting sectors. The business has been trading since January 2012. They have introduced a branded website for affordable gifting to suit all budgets and occasions and a...

Asking Price: Offers Invited
Turnover: £300,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
30
 
Jan
 

Bakery manufacturer acquired at 6.3x underlying earnings | BUSINESS SALE

Bakery firm Lees Foods has been acquired by listed bakery bu...

 
30
 
Jan
 

“Unique” intellectual property for sale as disability equipment firm enters by liquidation | ADMINISTRATION

The assets and intellectual property of disability equipment...

 
27
 
Jan
 

Administrators to sell assets as office furniture maker collapses | ADMINISTRATION

Bluespot Furniture, a West Yorkshire-based furniture manufac...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
08
 
May
 

Carphone Warehouse and Dixon merger nears finalisation | MERGER

Carphone Warehouse and Dixons Retail are on the verge of agr...

 
01
 
Nov
 

Comet 'close to administration' | ADMINISTRATION

The electrical retailer Comet is thought to be close to admi...

 
23
 
Oct
 

Comet owner 'exploring sale' | BUSINESS SALE

The owner of electrical retailer Comet is understood to be e...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.