Thats great service and good for WHS and shareholders. Funny, i discovered just a few days ago free compass app for my cellphone.Also discovered a magnifier tool already on my ph, both very useful
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Thats great service and good for WHS and shareholders. Funny, i discovered just a few days ago free compass app for my cellphone.Also discovered a magnifier tool already on my ph, both very useful
Some think The Warehouse a pack of bastards
https://www.together.org.nz/warehouse-dotherightthing
Sort of agree ...it’ll hurt them long term ...another sign of terminal decline of the business model.
whs always restructuring yet briscoes hiring talking about record sales says it all
lol the one bright light
I hadn't heard of "together.org.nz" before ... I see it's described as:
"Welcome to Together - the online campaigning arm of the New Zealand Union movement"
Uh-huh.
The retail world continues to change so makes complete sense for the Warehouse to also adjust. They seem to be closing low performing stores, reassigning some specialist staff into more general roles, trimming staff at all levels, offering different roster options, and focusing on online sales and fulfillment.
Union is doing its job, trying to keep members in work.
Company owners might legitimately wonder what additional impact minimum wage increases have on decisions.
Easy to start a business in New Zealand. Common enough in the past for laid off staff to start their own enterprise. They have just had a good lesson in cost and risk management, should stand them in good stead.
Count down now to the WHS mid October announcement
Any bets on WHS coming back with Final Div in December, off the previous No Interim in April ?
Will there be a surprise bonus thrown in ?
Last Trading Update was 9 Jul 2020:
https://www.nzx.com/announcements/355968
I would be very surprised if they decided to pay a final dividend after cutting staff. I think the result will be better than expected and a restructure is really what has been needed at the top heavy WHS and will put them in a good footing for the future