2015 is not even a month old and I’ve heard rumours from two sources of another newsagency channel related WH Smith acquisition being imminent.
WH Smith had a busy 2014 with acquisitions of Wild, Kennys Cardiology and Supanews. This latest rumour, if true, will be the biggest yet.
What is the rumour, office works?
It seems they like the franchise structure. I reckon they are interested in control and prime space mainly. That would point in only one direction.
tough time ahead for them
Wesfarmers would never sell Officeworks.