Alpha sells airport newsagents to WH Smith
17.04.08
Alpha Retail has announced the sale of its World News convenience stores to WH Smith. The deal involves 23 stores at 11 UK airports, including London City, London Luton, Belfast International and Birmingham Airport.
Alpha CEO Peter Williams said: ‘The sale of World News to WH Smith is part of Alpha’s ongoing strategic review of the business. This is designed to ensure that we concentrate on our strengths and maximise all opportunities.'
'We are sure that WH Smith, who is the market leader in the sector, is the right home for the World News business and its staff. This sale is a step forward for Alpha as it allows us to concentrate on our core retail and flight businesses.’
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