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22 Mar 2025 8:03
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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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Rugby:
    An almost scoreless second half has marred the Chiefs' 50-35 Super Rugby Pacific win over Moana Pasifika in Pukekohe 7:56

    Business:
    People are still working from home despite many businesses dropping it from their job ads 7:46

    Entertainment:
    Stanley Tucci's cancer treatment "burned out" his thyroid 7:44

    Business:
    Hundreds of medical lab workers are beginning a week-long rolling strike from today 7:36

    Law and Order:
    Heathrow fire live updates: Airport begins scheduling flights after fire leads to major shutdown 7:26

    Law and Order:
    Police are intending to crack down on a planned boy racer event in Hawke's Bay this weekend 7:26

    Business:
    A business expert believes the Warehouse is struggling against international competitors 7:16

    Entertainment:
    Benny Blanco felt like he was fiancee Selena Gomez's "personal journal" when writing songs for their upcoming album 7:14

    Law and Order:
    Heathrow flights to resume as police investigate 'catastrophic' fire which cut power to Europe's busiest airport 7:06

    Rugby League:
    The Warriors have kept the Roosters scoreless in the second half for a 14-6 NRL win at Mt Smart 6:46


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