WHS - Warehouse Group

[JohnnyTheHorse]

Honestly people, we are talking about another 4 weeks of restrictions... With supply constraints and pent up lockdown demand there is going to be another retail boom over summer. We've seen it all before.

Will the dividend be deferred? Possible. Will the dividend be reduced? Possible. Will it matter in 6 months time? No.

[Rawz]

My mate that works at the WHS said labour day sales were huge. Caused a 3 day backlog.

But also says courier network is killing them. However they have a solution so all good.

Probably defer the dividend like MHJ did. That will keep the SP intact. May as well hang on for it early next year

[Waltzing]

"However they have a solution so all good."

thats the kind of information taa kill for..

that why selling a whole position before the bombing run starts all the time isnt backing your US 5 inch mark 53 anti aircraft shells (Vaccines shots plus boosters) ..(brain power)

Used to spend saturday afternoons with a real life Lara Croft while she fired off 105's at range practise.

Totally Built, what a Bod...

Helmets on boys and girls... incoming...never waste a good crisis...

[LaserEyeKiwi]

My mate that works at the WHS said labour day sales were huge. Caused a 3 day backlog.

But also says courier network is killing them. However they have a solution so all good.

Probably defer the dividend like MHJ did. That will keep the SP intact. May as well hang on for it early next year

”they have a solution” …. That is a massive tease.

I really hope they are working on their own delivery network, that would be amazing.

[Rawz]

”they have a solution” …. That is a massive tease.

I really hope they are working on their own delivery network, that would be amazing.

Why would you want a whole lot of capital tied up in trucks and vans for fmcg? What a nightmare.
Or do you want them to have an owner driver model?

Either way covid wont be here forever and click and collect is making a big comeback. Let the customers be the courier drivers

[LaserEyeKiwi]

Why would you want a whole lot of capital tied up in trucks and vans for fmcg? What a nightmare.
Or do you want them to have an owner driver model?

Either way covid wont be here forever and click and collect is making a big comeback. Let the customers be the courier drivers

New Zealand’s courier system is terrible, and if you want to be the biggest online retailer in NZ, you have to do your own fulfillment and last mile, even if only in the main centers (just start with Auckland). With themarket.com business model they will also be fulfilling orders for other retailers, which is exactly the Amazon model.

[winner69]

JBHiFi Q1 NZ sales down 6.4% on pcp

If Noel Leeming about the same it will be great result

[LaserEyeKiwi]

JBHiFi Q1 NZ sales down 6.4% on pcp

If Noel Leeming about the same it will be great result

That is good considering that’s for the 3 months ending September 30th, so half of the period Retail was closed in Auckland.

[Waltzing]

Click and Collect? Relying on sunday drivers who are bored at home and want to go site seeing in cities.. Well suppose it might be an attraction for some.

Oh.. well stock optimisation of those fruit salad distribution warehouse shipments to hungry Beagles should do it.

Perhaps more people eat Baked beans south of waikato and fruit salads on the north shore .

This should mean the next time a Beagles orders fruit salad it doesnt ship from Bluff.

Cant see this really putting EPS up by anything stunning thought. It profits increases in T7 and NL that is needed and cant see it soon.

[Beagle]

Had some baked beans on toast this morning that arrived some time back from WHS. Tasted pretty good but more memorable were the 13 different emails pertaining to my $160 food order and various updates on shipping during lockdown pertaining to the 5 different courier deliveries on 5 different days in 9 different boxes from WHS. Lost track of where the Baked Beans came from, might have been airfreighted from Invercargill lol.

One of my best mates had the almost identical experience with his food order so nothing exceptional about my deliveries he assured me.
Neither of us can be bothered with all the drama again at this stage but you never know, if there were thousands of Covid cases a day and we we're in lockdown code crimson red maybe we might get desperate enough again.