Warehouse Group Limited - Profile Company Report Australia
29-07-2012, 10 pages
Warehouse Group Limited is a public company which generates the majority of its revenue from department store retailing in New Zealand. Warehouse Group Limited is listed on both the Australian Securities Exchange and New Zealand Stock Exchange under the code WHS. The company employs approximately 9,000 people and is headquartered in Auckland.
The Warehouse Group is a discount department store retailer with 87 The Warehouse and 47 Warehouse Stationery stores located throughout New Zealand. The company divides its operations into three business segments.
- The Warehouse New Zealand - This division is New Zealand's largest general merchandise retailer. As well as stores retailing various known brands, the company also markets products under its own brand.
- Warehouse Stationery - This division targets the small-office and home-office markets with products including stationery, packaging, office furniture, computers and accessories, and cleaning supplies. The division also offers an online catalogue and delivery service to small-to-medium business customers.
- Other - This division comprises of a 49% interest in Warehouse Financial Services whom in partnership with Westpac Group, provides: The Warehouse card, Value Master card, MeritMaster card and, basic insurance cover. The Group also has a 50% interest in chocolate manufacturer Waikato Valley Chocolates and print framer, Gallery Prints.
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