Oct09
The Warehouse to axe Extra concept
on October 9th, 2008 at 7:54 amPosted In: Chain Stores, News & Articles
New Zealand’s The Warehouse Group says it will phase out its Warehouse Extra concept. The move will cost the retailer up to $NZ12 million in exit and restructuring costs, including asset write-downs of $NZ5 million and the reconfiguration of current Extra stores. The company expected an annualised pre-tax improvement in operating earnings of about $NZ9 […] ↓ Read the rest of this entry…
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