WHSmith faces more competition in travel

Articles, Retail — By on 18/07/2012 3:49 pm

The travel format which has provided real growth for WHSmith – it has plans to open another 95 travel stores this year – is also fuelling potential growth for a number of its international competitors….

Fnac, the French-based music, books, magazines and electronics retailer, has developed a small format store (1,130 sq ft) for travel locations. The first outlet is in Roissy Charles de Gaulle airport in Paris. The retailer expects to open seven airport stores by 2013 under a contract with Lagardere Services. Fnac has already partnered with Lagardere to rebrand five Virgin stores located at railway stations.

*  Lagardere itself has increased sales by 8% last year at its travel retail division, driven by solid results for Re-lay and Aelia in France and strong increases at airport locations in Poland and the Czech Republic. The re-tailer re-entered the market in the UK recently with the opening of a Relay convenience store and a Watermark bookstore, both located at London railway stations.

*  Swiss travel retailer Dufry is also expanding and this year plans to enter several emerging markets and to open 48 news stores at metro stations in India.

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