Stephen Tindall: Warehouse must be 'incredibly' lean

Fri, 27 Nov 2020

The Warehouse Group founder Stephen Tindall says the company will have to stay lean if it is to compete with its deep-pocketed global rivals.A video address from Tindall was played to the listed retailer’s annual general meeting today as he finishes his time on the board of the company he started almost 40 years ago.Tindall opened the first Warehouse store in Takapuna in 1982. The company was listed on the New Zealand Stock Exchange in 1994, when it had 53 stores in 38 locations.“Today we have 90 red stores and 166 other brand [stor...

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