The Warehouse has seen its first-half profit fall from $61.1 million to $13.6m in the six months ending January.
The Warehouse Group has announced the final sale of its Newmarket location in an unconditional contract that is due to be completed in July of this year.
Excited Auckland retailers converged on the Auckland War Memorial Museum for the fifth annual Newmarket Business Awards on Friday. Retailers were well-represented within the awards, including the much-contested People’s Choice award, which was scooped up by Glamour Boutique.
It’s every shopping district for themselves when Christmas shopping season hits. The Newmarket Business Association, which represents more than 400 retailers among its members, has this year added an extra sweetener to its retail offer with the #OURSHOUT Christmas gifting campaign.
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New Zealand’s first 24/7 storefront has demonstrated the impact of omnichannel retail in Newmarket, says Newmarket Business Association chief executive Mark Knoff-Thomas. At the end of this week, Newmarket shop The Homestore will reveal its new front window, which has been transformed into a giant interactive touchscreen.
A Mini dealership has driven away with the 2015 ANZ Newmarket supreme award. Mini Garage Auckland sales manager Jonny Highton says he felt the award was down to his 14-strong team’s different approach to car retail. “We’re a bit of a crossover between a normal car yard and a premium retail experience.”