Warehouse lifts sales and fattens margins
The Warehouse lifted first-quarter sales 3.5pc, opening more Noel Leeming stores, and widened margins at its dominant 'Red Shed' unit.
The Warehouse lifted first-quarter sales 3.5pc, opening more Noel Leeming stores, and widened margins at its dominant 'Red Shed' unit.
Higher wages and a specialised degree are among the initiatives helping change the perception of retail from a boring job to a high-flying career, says Warehouse boss.
What are the top 10 worst performing shares of 2014 so far? Find out with a graphic showing the biggest losers.
The retail group owned by David and Anne Norman, has added to its holding in the Warehouse by buying 730,000 shares on market this week.
A Warehouse security officer who was sacked for allegedly calling a customer an "arrogant p****" has won her job back.
I had an unusual experience at The Warehouse last weekend that told me something had changed for the better.
Warehouse Group investors await evidence that the retailer will get a return on the hundreds of millions of dollars spent overhauling stores.
NZ's largest listed retailer, The Warehouse, expects earnings to rise this financial year following an 18 percent drop in 2014.
Warehouse Group's profit warning last week has raised concerns about the outlook for both its core business and the success of its acquisition strategy.
David and Anne Norman have nabbed a strategic stake in the country's largest listed retailer, Warehouse Group.
The Norman family, has taken advantage of a slump in Warehouse shares to nudge its holding up to 5.15 per cent.
New Zealand's largest listed retailer cut its forecast for annual earnings as warmer autumn and winter weather crimped sales and margins.
The chief financial officer of The Warehouse, Stephen Small, has died, the company has announced.
NZ shares rose yesterday, led by Goodman Property Trust, after the property investor said full-year net profit rose 72 per cent. Trade Me and Xero paced the gains while Ryman Healthcare fell ahead of reporting earnings today.
New Zealand's largest publicly listed retailer, posted an 8.6pc gain in third quarter sales and said profitability improved at its largest 'red shed' unit.
Warehouse boss Mark Powell wasn't afraid to speak candidly about his pay packet with business journalists in Auckland last week.
The Warehouse Group boss Mark Powell says the company's turnaround strategy is heading in the right direction.
The country's biggest listed retailer, successfully raised $100 million from institutional investors to help fund its drive into financial services.
The Warehouse Group, New Zealand's biggest listed retailer, has reported half-year profit in line with guidance and a lift in sales across its various retail brands.
An industry body representing non-bank finance companies has welcomed The Warehouse's move into financial services and says it should bring greater competition for consumers.
The Warehouse says it's setting up its own financial services operation with the aim of becoming a leader in the NZ field.
Padded bikini tops for pre-teen girls are being taken off the shelves after a furious child welfare advocate intervened.
The Warehouse Group has flagged a drop in interim profit after strong Christmas trading failed to offset a decline in first quarter margins.