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3 Mar 2026 10:26
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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


    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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     03 Mar: Holes are being poked in an economic report claiming 383-million dollars would be generated for the economy from sand mining at Northland's Bream Bay
     03 Mar: Promising signs when it comes to consumer arrears
     02 Mar: The conflict in the Middle East has seen oil prices jump - and could mean higher costs at the pump
     02 Mar: Foodstuffs is again trying to bring its North and South Island operations under one roof - after failing two years ago
     02 Mar: Wellington's mayor says the Council is not looking at compensating businesses on the wastewater plagued-southern coast
     02 Mar: Job numbers are rising again - but are still down on a year ago
     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     Top Stories

    RUGBY RUGBY
    The Crusaders are set to be without prop Tamaiti Williams for the upcoming rounds of Super Rugby Pacific More...


    BUSINESS BUSINESS
    Holes are being poked in an economic report claiming 383-million dollars would be generated for the economy from sand mining at Northland's Bream Bay More...



     Today's News

    National:
    The oil price surge is just one symptom of a supply chain network that is not fit for this age of global tensions 10:17

    Education:
    Does international law still matter? The strike on the girls’ school in Iran shows why we need it 10:07

    International:
    Three scenarios for what's next with Iran's leadership 10:07

    Rugby:
    The Crusaders are set to be without prop Tamaiti Williams for the upcoming rounds of Super Rugby Pacific 10:07

    Entertainment:
    Industry is to end after its fifth season 10:05

    Soccer:
    One of the last elements of the All Whites' World Cup plan is in place 9:27

    Environment:
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    International:
    The Epstein files: Why the sex offender's brother and lawyer do not believe he took his own life 8:37

    International:
    Iran shows ballistic missiles and drones can wreak havoc across Middle East 8:17

    Accident and Emergency:
    One person's died in a single-vehicle crash in Paekakariki, on the Kapiti Coast 8:17


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