WH Smith re-enters the CD/DVD market - report
by Rhian Jones
30 minutes ago
Source: musicweek/Telegraph

WH Smith has reportedly started to stock CDs and DVDs again after the collapse of HMV has left a gap in the retail market.

The stationary chain withdrew from the entertainment market over the last few years but is now said to be re-stocking products in a handful of stores, after the closure of 107 HMV sites.

WH Smith is understood to be considering the reintroduction of CDs and DVDs on a store-by-store basis.

Sales from CDs and DVDs now account for a single digit percentage of WH Smith’s sales, compared to a quarter ten years ago.

In the 20 weeks to January 20, WH Smith reported a 5% drop in like-for-like High Street sales and a 4% decline in its travel stores at airports, railway stations and service stations.