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29 Apr 2025 19:42
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      Home > News > Business

    Hard work ahead for the Warehouse Group, despite promising shoots emerging from its latest financials

    Hard work ahead for the Warehouse Group, despite promising shoots emerging from its latest financials

    21 March 2025
    Half year results show operating profits are down 55 percent, however net profit is 11.8-million -- up from the previous year's 23.7-million net loss.

    Retail NZ CE Carolyn Young says the group will be prioritising staying competitive through shifting shopping behaviours.

    Young says they'll be working to build back to becoming consumers first port of call, by proving they have the products they need at the price they want.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     29 Apr: The Finance Minister's confident enough money's left in the kete - for the things we need
     29 Apr: Fonterra's announced it's planning to shut a Hamilton milk-powder packaging facility after July, with up to 120 jobs on the line
     29 Apr: The number of filled jobs rose 0.2 percent last month, more sharply in primary industries
     29 Apr: The Finance Minister's ruling out more funding for most Government agencies and departments
     29 Apr: Major changes are on the way for Queenstown Airport
     29 Apr: Belief changes to certifications and inspections for builders -- is a step in the right direction
     28 Apr: David Seymour's labelling advice from his own Ministry for Regulation - pretty disappointing
     Top Stories

    RUGBY RUGBY
    Les Kiss is expected to finally be confirmed as the next Wallabies coach tomorrow morning More...

    BUSINESS BUSINESS
    The Finance Minister's confident enough money's left in the kete - for the things we need More...


     Today's News

    		 International:
    Mark Carney declares victory in Canada election, securing fourth term for Liberals 18:57

     Business:
    The Finance Minister's confident enough money's left in the kete - for the things we need 18:57

     Boxing:
    A body blow to boxing fans expecting a Joseph Parker-Anthony Joshua rematch 18:37

     International:
    Minor parties clash as Clive Palmer and Pauline Hanson battle for right-wing voters in federal election 18:17

     Rugby League:
    The Warriors have named an unchanged lineup to face the North Queensland Cowboys in the NRL's Magic Round in Brisbane on Saturday 18:07

     International:
    Donald Trump isn't on the ballot in Canada's election but he's influencing the vote 17:47

     International:
    The CSI squad closing a dark chapter in Colombia's history 17:37

     Law and Order:
    A slain woman's sister and the murderer's probation officer have addressed a Coroner's court today 17:27

     Business:
    Fonterra's announced it's planning to shut a Hamilton milk-powder packaging facility after July, with up to 120 jobs on the line 16:57

     Environment:
    A thunderstorm warning's been issued for Kaipara, the Far North and Whangarei, until 5.30 16:57

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