The Warehouse Group margins take hit as it deals with ‘legacy issues’

Interim chief executive John Journee says the company is in transition. (Image: Supplied)

Fri, 21 Mar 2025

The Warehouse Group interim chief executive John Journee says the transition away from “legacy issues” won’t bear fruit until the next financial year.In half-year results for the six months ended Jan 26, the group reported it had held on to 15.5% of its core retail market share at the expense of margin. After the result, Journee told BusinessDesk the group’s previous strategy over-emphasised “essential products” and that it was moving to rearrange its mix towards “new and fresh" products.While...

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