Entrepreneurs-in-residence and CEOs-in-residence posts are more common overseas, but a relatively new concept in New Zealand.

The Warehouse is rebranding and extending into financial services with the launch of two low- fee credit cards.

The Warehouse Group has looked globally for its new chief executive, hiring English-born Nick Grayston - the third in a row to come from the UK.

Briton Nick Grayston's been named as new chief executive for The Warehouse.

The acquisition is the next step in the Auckland-based retailer's development of an in-house financial services business.

The Warehouse today opened its tiniest new store, a click-and-collect pop-up smaller than many apartments at only 30sq m, all without any inventory.

A cold winter helped boost earnings at the Warehouse, in a year chief executive Mark Powell describes as "a game of two halves".

The Warehouse Group says a cold winter and margin growth helped the firm beat its own guidance to report an adjusted full-year profit of $57.1 million.

One day, Stephen and Margaret Tindall realised they simply had more money than they needed. 20 years later, the family's foundation has given away $135 million.

As we cruise the aisles of The Warehouse, many of us will be unaware that the staff in red shirts ("Reds") around us are all in various stages of formal retail training.

A greeting card that featured a “Tranny-saurus” is being pulled from The Warehouse after a complaint was made.

The Warehouse Group boss Mark Powell is to leave after a four-year stint in which he oversaw a major strategic shift, including acquisitions and a nationwide revamp.

The Warehouse Group boss Mark Powell is to step down from the firm's helm and a process has begun to recruit a new chief executive.

Mark Powell, chief executive of retailer Warehouse Group, says he hopes to eventually see someone promoted to his role who started out in the Red Shirts in Schools programme aged 16.

An Auckland mother whose baby drank expired infant formula has lashed out at the Warehouse for stocking the out-of-date product.

Police have been contacting known 1080 opponents in a bid to find the person behind a threat to contaminate New Zealand's baby formula stocks.

The Warehouse and Foodstuffs are reassuring customers they are doing everything they can to boost security in their stores.

Rich-listers David and Anne Norman have snapped up Australian supermarket operator Woolworths' stake in The Warehouse Group.

The operator of Farmers and Whitcoulls has more than doubled its shareholding in The Warehouse but says it will not make a takeover bid for the retailer.

Mark Powell says "healthy societies need healthy businesses and healthy businesses need healthy societies".

A staff member is being supported by colleagues after a brazen gunpoint hold-up of The Warehouse in Henderson in the early hours of this morning.

Police in Waitakere are investigating after The Warehouse in Henderson was held up at gunpoint early this morning.

The Warehouse Group chairman says the company remains committed to its strategy amid criticism that its growth push has failed and major changes need to take place at the board and CEO level.

Warehouse chief executive Mark Powell says it will be "a very difficult ask" for the group to beat last year's profits after it announced weaker-than-expected sales.

Warehouse shares have plunged today after it said profits for the first half of the financial year are likely to be down 20 per cent.

A survey of portable cots for sale in New Zealand has uncovered potentially fatal safety defects - including folding mechanisms that could trap a child's neck.

Retailers are hoping positive economic conditions will offset a blustery and wet start to the spring and summer period.

NZ's largest listed retailer, affirmed its expectation for a rise in annual earnings even as sales lag heading into the key Christmas trading period.

The Warehouse lifted first-quarter sales 3.5pc, opening more Noel Leeming stores, and widened margins at its dominant 'Red Shed' unit.