Warehouse shares halted pending company announcement

Sun, 23 Jul 2017

By Tina Morrison July 24 (BusinessDesk) - Warehouse Group, known for its flagship 'red shed' discount department stores, had its shares halted on the New Zealand stock exchange pending an announcement by the company. The Auckland-based retailer offered no further details in its statement released before the exchange opened for trading this morning. Under the leadership of former chief executive Mark Powell, the Warehouse expanded its business beyond the general merchandise 'red sheds' and stationery 'blue sheds' to include the Noel Le...

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