ANALYSIS: CEO Nick Grayston was brought on eight years ago to overhaul the retail group by getting back to basics. It is time for someone else to have a go.
Warehouse Group chief executive Nick Grayston must have needed a large glass of water to wash down such a bitter pill, after announcing TheMarket would be sold or closed.
The online marketplace, which sells The Warehouse goods but also amalgamates independent retailers’ goods, was Grayston’s