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Retail
4 mins to read
5

Further losses factored in as Mitre 10 continues digital overhaul

As retailer celebrates 50 years in operation, it has made key investments to support future growth and store security.

WATCH: Mitre 10 chief executive Andrea Scown.

Kate McVicar Mon, 20 May 2024

Home and garden retailer Mitre 10 has forecasted another two years in the red, as it continues to implement a digital transformation to prompt future growth.

Financial statements for parent entity Mitre 10 (New Zealand) Ltd ending June 30, 2023 recorded a $67.1 million loss, down from a $1.8m profit

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Kate McVicar Mon, 20 May 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Mitre 10 Mitre 10 (New Zealand) Andrea Scown

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