More than 1000 jobs to go at The Warehouse Group as company restructures
Around 100 to 130 jobs will be lost from the head office under the changes. Between 700 and 950 roles, or 410 full-time equivalent jobs, also face the cut "as a result of store closure and operating model changes", The Warehouse Group announced in an NZX statement today. While the closure of three stores were previously announced, six more are now likely to close. The Noel Leeming Henderson clearance centre and Tokoroa store, The Warehouse Whangaparaoa, Johnsonsville and Dunedin Central stores and Warehouse Stationery Te Awamutu store are on the chopping block. Chief executive Nick Grayston says the job losses come as the business plans to move to a different operating model from April 31. "Based on our insights into changing shopping habits and the anticipated economic impacts caused by Covid-19, we are accelerating some changes that had already been planned." The company says it's seen "strong trading" across its brands since the country shifted to Level 2, but warns it's believed to be the result of "pent-up demand" rather than a long-term trend.
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Poll: Is Auckland’s economy improving?
The latest reporting from The Post suggests a wave of optimism for 2026. With interest rates finally heading south, businesses are feeling more positive. But for many on the ground, the real-world recovery feels a bit like a slow-moving commute on Auckland's motorways.
We want to know: Are you seeing signs of Auckland's economy improving in your industry or neighbourhood? Whether it's busier shops, new projects kicking off, or just a shift in the mood ...
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17.6% Yes
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65.2% No
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17.2% A little
Have a look at other countries …
The Danish. The Chinese. Even the Australians FFS! Only Luxon, Trump & Co don't get it …
🌉🛶 Early Birds Might Crack This One First… or Not? 🥚🧠
A person is crossing a bridge and sees a boat full of people, yet there isn't a single person on board.
How is this possible?
(Susan from Massey kindly provided this head-scratcher ... thanks, Susan!)
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