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4 Oct 2025 12:58
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  •   Home > News > Business

    The Warehouse Group's chief executive says the retail giant has the ingredients to make a major comeback

    The Warehouse Group's chief executive says the retail giant has the ingredients to make a major comeback

    2 October 2025
    It's reporting an annual net loss of 2.76 million dollars - a major improvement from last year's 54.2 million dollar loss.

    Noel Leeming is performing the best, with revenue up 3.3 percent.

    Mark Stirton says 1.7 million people come through the Group's doors across its brand.

    He says its an impressive number considering New Zealand's population - and they're working to convert those walk-ins to good sales.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     04 Oct: New Zealanders are hoarding over one-thousand dollars worth of unworn clothing in their closets
     03 Oct: AEC launches legal action against man accused of distributing unauthorised pamphlets attacking Allegra Spender
     03 Oct: A view that more EV brands flooding New Zealand will be a real test for the domestic market
     03 Oct: Could Warehouse stores gradually become more like supermarkets?
     03 Oct: The Warehouse Group isn't ruling out more job cuts as it looks to reduce costs and raise operating margins
     03 Oct: Christchurch Police have arrested three 14-year-olds linked to commercial burglaries, dangerous driving, and vehicle thefts across the city this week
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    A defence consultant says it's clear what position New Zealand's local defence industry could fill More...



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