Warehouse buys Insight Traders for undisclosed sum

Sun, 16 Sep 2012

By Hannah Lynch Sept. 17 (BusinessDesk) - Warehouse Group, the biggest retailer on the NZX 50 Index, has purchased import specialist, Insight Traders for an undisclosed sum in a bid to better its bargain sourcing capabilities. "The purchase of this business is a good fit with our existing initiatives and will improve our ability to be the ‘House of Bargains’ and ‘Home of Essentials’ for New Zealanders," chief executive Mark Powell said in a statement. The purchase will enable the Auckland-based company to provide a "more extensive range of...

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