AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

The Warehouse Group

The Warehouse Group
Company nameThe Warehouse
Company typePublic (Nzx - WHS)
SloganWhere Everyone Gets A Bargain
IndustryRetail (department & discount)
FoundedNorth Shore, New Zealand, 1982
HeadquartersNorth Shore, New Zealand
Key peopleStephen Tindall, Founder
Mark Powell, CEO
ProductsThe Warehouse
Warehouse Stationery
Revenue(-) NZ$1,735,030,000 (2007 08)
Operating income(-) NZ$134,687,000 (2007 08)
Net income(-) NZ$90,769,000 (2007 08)
Total assetsNZ$654,937,000 (2007 08)
Total equityNZ$334,656,000 (2007 08)

     Home | Company | The Warehouse Group

The Warehouse Group Limited, (Nzx - WHS) founded by Stephen Tindall in 1982, is the largest department store retailer operating in New Zealand. The Warehouse is largely a discount store similar to Wal-Mart in the United States, however The Warehouse sells far more generic brand merchandise than other discount or department stores. The company also formerly had operations in Australia, which were sold to Australian Discount Retail. For the fiscal year ending October, 2005, The Warehouse reported net income of NZ$71.9 million on NZ $2.224 billion of sales revenue (3.6% profit margin).

As of 2005, the company had 253 stores throughout New Zealand and Australia along with more than 6 distribution centres in total. On 24 November 2005, The Warehouse announced that was selling its Australian operation for AU$98 million (NZ$99 million).

Colloquial names for the company's stores include "The Big Red Shed", "WareWhare" (pronounced wah-re fah-reh,(rolling the r) whare is Maori word for house), Warehu and "The Wuds".

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260