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Outlook WH Smith's Stephen Clarke, like Kate Swann before him, is to be commended. For if ever there was a high street chain that should exist no more, it was this.

Market Report: WH Smith seen as target in spot the next takeover game

IS WH SMITH about to be engulfed by the wave of bid rumours currently sweeping some of its fellow retailers?

There's a price to pay for these giant bookstores

SO THE promotional puffs and plugs were justified. The vast new Waterstone's in Piccadilly, said to be one of the biggest bookshops in the world, is indeed an astonishing fun-palace for readers. Spacious, well-lit and multistoreyed, furnished with a juice bar, Internet station, a superb children's room, a restaurant and a cafe, it exudes the air of a luxury liner.

Taylor named as chairman at WHS

MARTIN TAYLOR, who quit as chief executive of Barclays Bank last year, began his corporate comeback yesterday when he was named as non- executive chairman of high street retailer WH Smith.

Paper shunned over 'porn'

LEGAL & GENERAL, the in-surer with pounds 93bn of funds under management, shocked United News & Media last week when its newly launched ethical fund shunned the media group on the grounds that its Daily Star title publishes pornography.

Profits slump 70% at ailing MFI

MFI, THE struggling furniture retailer and manufacturer, yesterday reported pounds 25m pre-tax losses, a slump of 70 per cent on the previous year.

Letter: Left off the shelf

Sir: How kind of John O'Farrell (Media, 15 June) to invite others to rush out and buy a copy of Tribune, Red Pepper or the New Statesman. But methinks that some time has passed since he rushed out to WH Smith to buy a left-wing newspaper or magazine. The chances are that all he would have found were copies of Guns and Ammo and Slimming Magazine.

Take a good look at yourself

Men spend too much time talking about women's bodies and not enough talking about their own

City scorns WH Smith

THE CITY has reacted sceptically to WH Smith's purchase of Hodder Headline, which publishes John Le Carre and Stephen King.

Outlook; `Tomorrow the world' for WH Smith

TOMORROW THE WORLD, as Josephine Cox's latest romantic blockbuster, published by Hodder Headline, is called. Just as everyone else is abandoning the idea of vertical integration as a business strategy, up pops Richard Handover of WH Smith to claim that it is a good thing afterall for a retailer to own its suppliers. To prove it, he's buying Hodder Headline, Tim Hely Hutchinson's curious blend of old and new publishing ideas and traditions. He had a good look at Dorling Kindersley too, but found it too expensive.

WH Smith pays pounds 185m for le Carre publisher

WH SMITH GROUP, the country's largest books retailer, yesterday unveiled an agreed pounds 185m takeover of Hodder Headline, the UK publisher of best-selling authors John le Carre and Stephen King.

WH Smith goes Direct to business

WH SMITH yesterday said it had created a new business division called WHSmith Direct - a business which will encompass its on-line direct selling activities.

Alan Giles: Music man books a place in global retailing

The Player: Alan Giles, Group Chief Executive, HMV Media
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