WHS - Warehouse Group

[Panda-NZ-]

I will buy in if they close or consolidate all the stores....close the non performing one n concentrate on the marketplace

They are probably one of the only competitive physical stores out there now and can get some benefit from customers who prefer that sort of experience.

The online market is directly competing with pbtech, amazon etc.

[King1212]

Big announcement coming tomorrow according to NZ herald

Would see warehouse group moving to online store.

Recent bought thing from the marketplace....what a great deal....! Won't be able to get it the same price at the store.same product....but almost $100 cheaper. Delivered within 2 days...!

[winner69]

Big announcement coming tomorrow according to NZ herald

Agile the right thing to do

But many people will lose their jobs .....as always people (staff) are just another dispensable commodity ...in spite of company platitudes like ‘our store team members are central to our ongoing success .....acknowledges the importance we place on our team members," etc etc etc

But good for shareholders .....suppose I should be sorry for the many joining the dole queue and hoping their families don’t go hungry....but then again they’ve been a good wicket for years and a drag on profits and it’s a tough world these days so on your bike.

[Panda-NZ-]

Recent bought thing from the marketplace....what a great deal....! Won't be able to get it the same price at the store.same product....but almost $100 cheaper. Delivered within 2 days...!

Interesting haven't tried using the MP before. may have to take it a bit more seriously. I was a fan of shopping in store myself and didn't have a problem with it.

[winner69]

TheMarket costing them a small fortune ....going to lose close to $20m in F20

Suppose you got to invest big up front to make a fortune latter on.

But one needs to question their execution ability ...never made anything really work ...Noel Leeming an exception

[King1212]

Yeah master winner.... though market place in loss but once it is running...then the cost of savings is tremendous. Paying lease.....extra staffs...powers .....etc.

Marketplace can run with a central warehousing...one north n one south island....keep only good performing stores open.

[winner69]

Yeah master winner.... though market place in loss but once it is running...then the cost of savings is tremendous. Paying lease.....extra staffs...powers .....etc.

Marketplace can run with a central warehousing...one north n one south island....keep only good performing stores open.

Good to see you falling in love here your majesty

WHS needs all the love they can get ....Aotearoa needs the WHS ....an Agile Warehouse.

[winner69]

Good stuff for beagle at TheMarket

https://themarket.com/nz/p/nanoblock...-4972825209455


https://themarket.com/nz/p/antics-so...3-799439912847

[King1212]

Classic....but.... careful...don't let your mate mcduffy knows...he or she will mark off topic.... jealousy eh...

[Ogg]

Be interesting to see what is announced tomorrow.

Looks like they're doubling down on store closures and investing more online.

If Kogan can get to $2b market cap on nothing but fluff then you would think that WHS has the chance to actually make something happen.

They've always been a little behind the 8-ball when it comes to online. They were making so much on foot traffic that they always ignored online. Times have changed.

The bones and foundations are there. Can they execute this new strategy?

Could be a tech type rally on this stock. Question is when is the right time to jump and broad.

Need to break the unions and clean out the closet more first. Hire more young tech savvy people.

The Market looks good. Need more of that and less of the large-cold-empty big stores.

On my watchlist.