Warehouse Group's TheMarket is on the market. Who wants it?

"The thing's a dog. There is no obvious home for it," Coriolis director Tim Morris says. (Image: Supplied)

Tue, 02 Apr 2024

In its “sobering” interim earnings report on March 20, the Warehouse Group told the New Zealand stock exchange of its intentions to “sell or close” its e-commerce division, TheMarket, by the end of the financial year.This Wednesday, chief executive Nick Grayston told BusinessDesk the group has "had some interest from potential buyers who were interested in a purchase, but it’s still early days".If made, the sale will come at a tough time for a company that only last month announced it sold the underperfor...

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