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Mark Stirton: Warehouse Group CEO hopeful the retailer can grow following recent net loss
Published 8 months, 2 weeks ago
Description
The Warehouse Group's chief executive is confident he can turn the retail giant around.
It's reporting an annual net loss of $2.76 million dollars - a major improvement from last year's $54.2 million dollar loss.
Noel Leeming is performing the best, with revenue up 3.3 percent.
Chief executive Mark Stirton says they're moving away from a digital focus to give more attention to shoppers in-store.
"Our urban areas are where we've got a lot more competition - we probably haven't invested enough in the store experience, and things like lighting and visual merchandising and the way we present our product."
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