The Warehouse’s grocery gambit

The Warehouse’s grocery gambit
The Warehouse in Kilbirnie, Wellington, is among those that sell groceries. (Image: BusinessDesk)
Gregor Thompson
Recent headlines about The Warehouse Group – after it sold assets and lost its chief executive – may have taken the spotlight off its grocery expansion, but it is not backing down.From balsamic dressing and rice crackers to milk and streaky bacon, The Warehouse now offers nearly 100 Market Kitchen private label products; a frozen food trial that started in Auckland is now under way in Dunedin and fresh food items are now on sale in nearly half of all stores.Grocery sales grew 11.7% in the first half to Jan 28, and account for 20.2%...

More Retail

Foodstuffs settles land covenants case
Retail

Foodstuffs settles land covenants case

Fines can reach up to $10 million or three times the commercial gain, ComCom said.

Warehouse shares rise after cost cut signals
Retail

Warehouse shares rise after cost cut signals

Competition from every direction will make it hard to bounce back, analysts say.

Consumer confidence near historic lows – Westpac
Retail

Consumer confidence near historic lows – Westpac

42% of households feel their financial position has deteriorated.

Staff reporters 18 Jun 2024
Bluebird improves profits after investment in Wiri site
Finance

Bluebird improves profits after investment in Wiri site

Bluebird Foods NZ has posted a profit of $13.2m for the year ended December 2023.

Staff reporters 18 Jun 2024