UK retailer WHSmith has seen a further decline in sales for its latest quarter but its profitability continues to improve.
Sales fell by 1% for the quarter ending June 9th 2012, and like-for-like sales dropped 3 percent on a year-on-year basis .
While slightly reducing its store numbers on the British high street, WHSmith has also been increasing its travel store numbers at transport locations, and which helped the division post a one per cent total sales increase despite an underlying trading decline of three per cent in the period.
High street outlets continue to performed worse then the travel stores