Investing.com -- U.K. retailer WH Smith said that it is contemplating the potential sale of its high-street business.
The company, which operates outlets in airports and train stations, in addition to its high-street stores, said on Saturday that there is no guarantee of reaching an agreement and it will provide additional updates when suitable.
WH Smith has shifted its emphasis towards its travel business over the past decade. This segment of the company now accounts for three-quarters of the group's revenue and 85% of its trading profit, according to the retailer.
Sky news first reported about the strategic options.
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