Warehouse Group Starts Organisational Structure Change

  • Jun 08, 2020 NZST
  • Team Kalkine
Warehouse Group Starts Organisational Structure Change

The Warehouse Group (NZX: WHS) has started a consultation process at its Northcote head office to adapt to meet various customer needs by turning to an Agile operating model.

  • Since moving to Level 2, the company has witnessed strong trading across its brands;
  • This level of trading is mainly witnessed due to pent up demand and is not expected to continue as the economic impacts of COVID-19 are realised;
  • However, considering the uncertainty around trading performance the company has re-affirmed its position on withholding guidance on FY20 earnings.

 


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