Shared Lunch

Sobering times for the Red Shed


Listen Later

NZ’s biggest retailer The Warehouse Group is getting back to basics after writing off Torpedo7, declining sales and plans to exit e-commerce venture TheMarket.com.     

We talk to acting CFO Celia Mearns following the Red Shed’s half-year results, which it describes as ‘sobering’. 

Celia shares the challenges of online sales and competing with the likes of Temu. 

You’ll also find out how the retailer will navigate ongoing headwinds, why the grocery business is a bright spot, and that the ‘everybody gets a bargain’ jingle is… here to stay!

For more or to watch on youtube—check out http://linktr.ee/sharedlunch

Brought to you by Sharesies, with BusinessDesk.

Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Shared LunchBy Sharesies

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like Shared Lunch

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,180 Listeners

Gone By Lunchtime by The Spinoff

Gone By Lunchtime

21 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,883 Listeners

Feel Better, Live More with Dr Rangan Chatterjee by Dr Rangan Chatterjee: GP & Author

Feel Better, Live More with Dr Rangan Chatterjee

3,969 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

65 Listeners

The David McWilliams Podcast by David McWilliams & John Davis

The David McWilliams Podcast

370 Listeners

The Property Academy Podcast by Opes Partners

The Property Academy Podcast

26 Listeners

Between Two Beers Podcast by Steven Holloway & Seamus Marten

Between Two Beers Podcast

133 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

597 Listeners

The Curve by The Curve Platform

The Curve

15 Listeners

Keep The Change by nextAdvisory

Keep The Change

12 Listeners

The Dom Harvey Podcast by Dom Harvey

The Dom Harvey Podcast

85 Listeners

ZOE Science & Nutrition by ZOE

ZOE Science & Nutrition

2,140 Listeners

Moonshots with Peter Diamandis by PHD Ventures

Moonshots with Peter Diamandis

599 Listeners

Making Cents by Frances Cook

Making Cents

14 Listeners