Things are improving for retail giant The Warehouse Group

It's confirmed an annual net loss of 2.76 million dollars - a major improvement from last year's 54.2 million dollar loss.

Noel Leeming's doing the best, with revenue up 3.3 percent.

The Warehouse's also fending off competition from Kmart and online retailers, and its revenue has risen 1.4 percent.

Warehouse Station's doing things a bit tougher - with revenue down 2.5 percent.