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25 Oct 2021 20:27
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  •   Home > News > Business

    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


    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.

    © 2021 Newstalk ZB, NZCity

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