Santa will be coming this year, if the Warehouse Group has anything to do with it
Santa will be coming this year, if the Warehouse Group has anything to do with it
29 September 2021
The company owns The Warehouse, Warehouse Stationery, Noel Leeming, Torpedo 7 and TheMarket.co.nz.
It reported a net 118-million dollar profit in the year to August, up almost 165-percent on the previous year.
Group chief executive Nick Grayston says the pandemic continues to disrupt international freight, with a shortage of
shipping containers.
He says this will cause delays, but the company's expecting to be in a better position this Christmas than last.
Grayston says offshore partners are working with vendors to prioritise key stock for customers.
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