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22 Feb 2026 15:18
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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

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     Top Stories

    RUGBY RUGBY
    Carlos Alcaraz has cruised past Arthur Fils 6-2 6-1 to win the Qatar Open and extend his perfect start to the year More...


    BUSINESS BUSINESS
    Fifteen years on from the devastating Christchurch earthquake, belief light may finally be at the end of the tunnel More...



     Today's News

    Entertainment:
    Jennifer Garner's children think she is "fully cringe" 15:17

    Rugby:
    Carlos Alcaraz has cruised past Arthur Fils 6-2 6-1 to win the Qatar Open and extend his perfect start to the year 14:57

    Accident and Emergency:
    Two people have died and another three are in a critical condition, after a two-vehicle crash on State Highway 1 in Marlborough 14:47

    Entertainment:
    The Nancy Guthrie reward money has been doubled as the search for Savannah Guthrie's missing mom continues 14:47

    General:
    Alisa Camplin-Warner calls for more funding after historic 2026 Milano Cortina Winter Olympics 14:17

    Entertainment:
    Romeo Beckham has added fuel to his brother Brooklyn's family feud, by "liking" an Instagram video claiming Nicola Peltz is "the problem" 14:17

    Soccer:
    Wellington Phoenix football coach Giancarlo Italiano is stepping down with his head held high 14:07

    Entertainment:
    Brandi Glanville has finally discovered the cause of the facial disfiguration which aged her "20 years overnight" 13:47

    Cricket:
    The Black Caps are trying not to be upset at their T20 World Cup match against Pakistan being abandoned due to rain in Colombo 13:37

    Law and Order:
    Christchurch City Council says no previous complaints had been made about two dogs involved in an attack yesterday, that left three people injured 13:27


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