The number crunching behind Briscoe's apparently effortless success

Briscoe managing director Rod Duke said: "It's a funny old market." (Image: supplied)

Mon, 21 Mar 2022

Briscoe Group managing director Rod Duke has a habit of making retailing look easy, but you don't have to look any further than the patchy results from The Warehouse over the past decade to realise others find it far from easy.The Warehouse carries a much wider range of goods than Briscoe's, but the businesses have considerable overlap in homewares. Apart from an accounting standard change in 2020, you have to go back to the year ended Jan 25, 2009, to find the last time Briscoe reported a profit decline.And that was at a time when...

Unlock all stories free for 10 days

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

We won’t charge for 10 days. You can cancel anytime with two clicks, an email or a phone call. Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

You will be charged in 10 days unless you cancel beforehand.
We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

The Quiz Free

QuiznessDesk: Thursday, April 25

Test your smarts against our Quizmaster.

The Quizmaster 9:15am

Technology Free

Business of Tech podcast: startup valuation and equity allocation

Ben Moore and Peter Griffin 6:00am

Business

Bupa posts tepid result as care sector flounders

New Zealand's largest aged care provider is considering making its own yoghurt.

Gregor Thompson 5:00am

Bupa posts tepid result as care sector flounders

Sponsored

Cyber alerts in New Zealand on the rise

A shortage of security experts puts pressure on combating threats

Fortinet

Sponsored

Avoiding mistakes many investors make

Managing emotions key to securing long-term returns.

Milford

More Retail

Retail

Website duplication scams haunt NZ retailers

Increasingly sophisticated obfuscation technology is making scams harder to resolve.

Gregor Thompson 22 Apr 2024

Retail

Menulog exits NZ

Online food delivery platform Menulog will discontinue its New Zealand operations in May.Parent company Just Eat Takeaway confirmed the decision today, saying: “New Zealand represents a small part of the Just Eat Takeaway.com business and its size is insufficient to maintain a he...

Staff reporters 16 Apr 2024