U.K. chain bookseller W.H. Smith, which has more than 100 locations in Dubai, France, India, Ireland, Oman and Sweden, is looking to add Russia to the list, the Bookseller reported, noting that the company has hired property consultant Knight Frank to hunt for locations in the country.
W.H. Smith "performs more strongly in its international arm than its high street business and as a result has been steadily growing units abroad," the Bookseller wrote. Russia has become a likely target for expansion because "economic tensions in the Eurozone has meant business in that continent remains tough."
