
'Fresh energy' needed: Warehouse CEO steps down
The discount retail chain has struggled in recent years.
The discount retail chain has struggled in recent years.
'We are disappointed TheMarket.com did not meet our aspirations,' CEO says.
The supermarket is upset about possible parking issues during the major busway project.
The retail group is facing multiple adversaries.
Secured creditors listed include the BNZ, PlaceMakers and The Warehouse.
Company redirecting focus to 'bedrock' brands.
It's tough for retailers but will that bring good or bad news for the red sheds?
Shopping's December doldrums confirmed just as Kathmandu, Torpedo7 outline struggles.
A consortium including former NZ Breakers basketball team owners is to take over.
The Warehouse is using a quarter of the power produced by the solar farm.
Analysts warn this may be the third-worst earnings season ever.
Industry players say 2024 will be a test for businesses and consumers.
Company under fire over customer service, loyalty schemes and struggling brand.
The switch has been flicked on two North Island new solar power facilities.
The Warehouse says it is 'extremely disappointed to find ourselves in this situation'.
Suppliers are waiting on between $800,000 to $900,000 worth of stock.
Foodstuffs rejects claim dismissing "loyalty".
Strike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.
The change of heart came almost as fast as you could pour your milk on to brekkie cereal.
The Warehouse Group is one major retailer suffering amid inflation.
Warehouse Group boss says the retailer has been cut off from its supply of Weet-Bix.
It might be selling more in a cost-of-living crisis, but its profits are weak.
But the red sheds are booming in a cost of living crisis.
Market close: Turnover was a light $101.3 million.
More than 260 sites owned by The Warehouse Group are set to be powered by solar farms.
Union has 1400 members at retail giant - and two sites are ready to strike.
Cash-strapped, or cashing in? Some big firms have repaid all the Covid money.
Chief executive Nick Grayston said the company is challenging NZ's grocery 'status quo'.