Smiths News
 | |
| Formerly | Smiths News PLC |
|---|---|
| Type | PLC |
| LSE: SNWS | |
| Industry | Distribution |
| Founded | 2006 |
| Headquarters | , |
| Products | Newspapers and magazines, consumables, books |
| Brands | WHSmith News, WHSmith Travel |
| Services | Books, stationery, newspapers, convenience food |
| Revenue |  £1,089 million GBP (2014)[1] |
| Website | corporate |
Smiths News is a distributor of newspapers, magazines, books and consumables, headquartered in Swindon, England. The company, originally known as 'WHSmith News' was created and renamed Smiths News PLC on 1 September 2006 from the demerger of W H Smith plc.[2] In April 2014, Smiths News PLC rebranded as Connect Group PLC to reflect the diversity of the Group's markets.
The Group purchased Tuffnells Parcels Express in late 2014 for more than £100m but sold it in 2020 for £15m after several years of poor performance under the group's stewardship.
In October 2020 Connect Group PLC reverted to Smiths News PLC signalling a return to the company's core competence and expertise. Smiths News PLC comprises: Smiths News, the UK's largest newspaper and magazine wholesaler; Dawson Media Direct, international media supplier to airlines and travel points; Instore, specialists in field-based marketing and supply chain auditing; Martin Lavell, leading corporate news distributor.
Demerger[]
On 12 April 2006, the board of WH Smith PLC announced its intention to demerge the retail and news distribution arms of the business into two separate companies. The resulting companies are W H Smith PLC (continues as the retail arm), and Smiths News PLC (former news distribution arm).[3] The demerger took effect on 30 August 2006.
Rebrands[]
On 17 March 2014, Smiths News PLC announced it would be renamed Connect Group PLC. This took effect on 22 April 2014 .
The company changed brand again, in 2020, to Smith News plc.[4]
References[]
- ^ Annual Report and Accounts 2014 — Connect Group. Viewed online, 21 March 2015.
- ^ Smiths News: about us Archived 2006-11-08 at the Wayback Machine — Smiths News. Viewed online, 8 October 2006.
- ^ Separation of W H Smith Retail and News Distribution businesses via a Demerger[permanent dead link] — W H Smith PLC. Viewed online, 8 October 2006.
- ^ "Name Change to Smiths News plc" (PDF). corporate.smithsnews.co.uk. 3 November 2020. Retrieved 7 March 2021.
External links[]
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