Leading Kiwi retailer The Warehouse Group has posted a significant net loss off the back of a tough trading environment.

The company today posted it announced a net loss of $54.2 million - a contract to last year's $29.8 million net profit.

 NZ Herald business editor at large Liam Dann says it's unclear if the Warehouse can recover from this.

LISTEN ABOVE

Leading Kiwi retailer The Warehouse Group has posted a significant net loss off the back of a tough trading environment.
The company today posted it announced a net loss of $54.2 million - a contract to last year's $29.8 million net profit.
 NZ Herald business editor at large Liam Dann says it's unclear if the Warehouse can recover from this.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Liam Dann: NZ Herald business editor at large on The Warehouse Group reporting a $54.2m net loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e9615a6f-b919-4497-8e75-b1f700805fa2/transcript

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