Liam Dann: NZ Herald business editor at large on The Warehouse Group reporting a $54.2m net loss
Update: 2024-09-26
Description
Leading Kiwi retailer The Warehouse Group has posted a significant net loss off the back of a tough trading environment.
The company today posted it announced a net loss of $54.2 million - a contract to last year's $29.8 million net profit.
NZ Herald business editor at large Liam Dann says it's unclear if the Warehouse can recover from this.
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