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3 Oct 2025 12:42
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      Home > News > Business

    The Warehouse Group isn't ruling out more job cuts as it looks to reduce costs and raise operating margins

    The Warehouse Group isn't ruling out more job cuts as it looks to reduce costs and raise operating margins


    The retail company's announced annual operating profits of 1.3 million from revenue of 3.1 billion.

    It's confirmed an annual net loss of 2.76 million -- an improvement on last year's 54.2 million dollar loss.

    Mark Stirton -- who took over as CEO in August -- says they're still working on turning the company around.

    © 2025 Newstalk ZB, NZCity

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