28-01-2025 08:16 via retailgazette.co.uk

HMV owner in talks for WHSmith’s 500 high street stores

HMV owner Doug Putman is considering a bid to snap up WHSmith’s unwanted high street stores.
Putman, who rescued the record specialist from bankruptcy in 2019, is understood to be in discussions with WHSmith’s advisors, The Sun reported.
He joins a number a number of suitors eying the retailer’s 500 shops, including Bensons for Beds owner Alteri and Hobbycraft owner Modella Capital.
It is hoped a deal can be reached within three months, sources have reported. Related StoryHobby
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