Do People Always Gasp And/Or Regain...
Body & Soul3 mins ago
It's not exactly the snappiest of trading names, is it? I wonder how much they paid some consultancy to come up with it?
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If I was an employee of WHS/TGJ, I wouldn't be too optimistic about the long-term chances of keeping my job when the business has just been taken over by a company whose only previous experience in the retail sector appears to have been in running Ted Baker (which has now disappeared from the High Street) and Hobbycraft (which saw an 80% fall in its profits last year).
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For more on marking an answer as the "Best Answer", please visit our FAQ.Perhaps because it grew organically at a time when small shops expanding into major chains were a profitable thing. Gaining a load of stores that another feels they need to shed, and rebranding them something appearing as a long cherished local store, but which few will have heard of, is not really the same thing.
But we'll see.
^^^ I'm guessing, Ellipsis, that the new owners might want to change the range of goods that will be sold in the former W H Smith stores. If, for example, they want to use the stores partially as off-shoots of their Hobbycraft business, they might not want people to think of the stores primarily as bookshops or newsagents but as somewhere to purchase their hobby supplies. (I still think that they could have come up with a better name though!)
This reminds me of when I worked for WHS many years ago (late 70s) at their retail distribution centre which included a warehouse with much modern automation which attracted attention commercially. I worked with an ex-PR guy who was always commandered to show people round and one day when showing a group round he pointed to the then new logo and made a less-than-complimentary remark - whereupon one of the party said, "We designed that".
>>> "Once you say WHSmith has gone bust . . . "
W H Smith hasn't gone bust. The travel hub side of the business (in airports, railway stations, etc) is thriving.
Further, it's not at all unusual when a company is bought out of administration for the new owners to continue using the old name anyway. (e.g. when Patisserie Valerie collapsed into administration it was then subjected to a management buyout, keeping the trading name intact).