Too much risk in financial services – The Warehouse boss
CEO Nick Grayston downsizes the business his predecessor tried to diversify.
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The Warehouse Group decided to get out of its financial services business before the losses spiral further, as it brings business back to the basics it’s known for.
The retail group announced yesterday it is selling its financial services unit – which sells credit and insurance – to SBS Bank
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Calida Smylie
Tue, 25 Jul 2017
Tue, 25 Jul 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Too much risk in financial services – The Warehouse boss
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