Popular retailer chain WH Smith has announced to proceed with its plan to introduce biggest ebook catalogue across the United Kingdom through availability of no less than 2 million titles, as well as two Kobo ebook readers.
In a statement, the retailer has revealed about its campaign to mark its presence among other electronic books providers under the spell of a deal with Kobo, a Canada-based group.
Soon after the announcement, a number of analysts have articulated concerns against the consequences of electronic books on the sale of physically published books. In addition, its Chief Executive Kate Swann, the initiative will surely complement the existing business of physical books through observing Smiths sell electronic readers at its stores situated at different locations of the country as well as on its official website.
As per the reports, the Smiths yield around £3 million more than expected with £14 million saving cost at its unit located at high street. In addition, it has also reflected £11 million penciled for coming two years. Sources have confirmed that it is looking forward for some extra savings generated through making best utilization of energy resources, recent technologies, as well as introducing some changes to transform supply chain process refined.
At present, the company credits to have good number of high street stores, around 612. In addition, the company applauded its core areas including books, news and other purchase for contributing enough to increase the profits as compared to DVDs and CDs, good with lower margin.












