Marinker to retire from W H Smith's travel business

Simon Marinker, managing director of W H Smith's travel shops, is to retire from the business at the end of this year. He will be replaced by Simon Smith, chief operating officer of the travel business, who will report directly to WHS chief executive Kate Swann.

WHS also revealed that its results for the year to end August 2011 will be in lie with market expectations. A trading update read: "The Travel Retail business continues its good performance and is making further progress in winning new business in the international channel. In the High Street Retail business our focus on gross margin gains and tight cost control continues to deliver a solid performance. Both businesses remain highly cash generative."