Large transformation vital to keep The Warehouse afloat
“It would be very tempting to keep on doing what we're doing and expect a different result" – Nick Grayston.
Calida Smylie
Thu, 09 Mar 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Large-scale transformation at The Warehouse Group is necessary to turn the business around, its chief says.
The retailer, which used to be New Zealand’s largest but was recently overtaken by Briscoe Group, has been struggling to adapt to challenging retail conditions.
Its profit was down 76%
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Calida Smylie
Thu, 09 Mar 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.