WHS - Warehouse Group

[Onemootpoint]

The warehouse still committed to expanding their grocery range at a competitive price level...last par:

https://www.stuff.co.nz/business/131243709/is-it-cheaper-to-buy-your-groceries-at-the-warehouse-or-the-supermarket

More detail on current expanded store:
https://www.stuff.co.nz/business/131237038/the-warehouse-expands-into-fresh-fruit-veges?rm=a

[KW]

If the supermarkets are still planning on not selling colony cage eggs, there is probably a big opportunity in the egg market for them to lock up colony cage producers long term.  Then lets see consumers vote with their wallets.  

[Clearasmud]

If the supermarkets are still planning on not selling colony cage eggs, there is probably a big opportunity in the egg market for them to lock up colony cage producers long term.  Then lets see consumers vote with their wallets. 

No, can't do anything to offend the woke.

[arekaywhy]

If the supermarkets are still planning on not selling colony cage eggs, there is probably a big opportunity in the egg market for them to lock up colony cage producers long term.  Then lets see consumers vote with their wallets. 

This is why I look elsewhere, like local butchers, for eggs now.  Even if the are the same price as the supermarket, the supermarkets can get fu....

[lorraina]

I have been buying Nescafe coffee at WHS until yesterday, when I bought a jar at New World,as the price was very close to WHS's..
This means I no longer need to go to WHS.
I guess Foodstuffs are trying to make life more difficult for WHS.

[BlackPeter]

I have been buying Nescafe coffee at WHS until yesterday, when I bought a jar at New World,as the price was very close to WHS's..
This means I no longer need to go to WHS.
I guess Foodstuffs are trying to make life more difficult for WHS.

I am sure they do. And as soon as everybody buys back in the supermarket they can ramp up their prices again ...

We try to support the warehouse.

[lorraina]

For us we shop at New World once or twice a week.
Only go near a WHS store once every three or four weeks.

[Sideshow Bob]

For us we shop at New World once or twice a week.
Only go near a WHS store once every three or four weeks.

On another tangent, I'm a little surprised WHS haven't made a bigger deal of the pet sector, or gone more down the line of "Warehouse Pet" or "Pet Warehouse" - taking on the likes of Animates and Petstock etc.

I know WHS have pet stuff, but pets these days are treated more like a member of the family, and the pet spend has increased hugely over the years. 

[Hectorplains]

On another tangent, I'm a little surprised WHS haven't made a bigger deal of the pet sector, or gone more down the line of "Warehouse Pet" or "Pet Warehouse" - taking on the likes of Animates and Petstock etc.

I know WHS have pet stuff, but pets these days are treated more like a member of the family, and the pet spend has increased hugely over the years. 

Agreed, Bob.  I can't see the point in a race to the bottom for WHS with fresh produce.  Especially when as the newcomer they lack variety.  No point in plugging produce without a butchery too.  Supermarkets really haven't  twigged to the money in the pet market, most of their shelves are stock with low margin - low quality offerings.

[Hectorplains]

Nearly double the number of staff to be laid off than previously announced.  Not a great update.

[winner (n)]

From KW on another thread

Bunnings moves into petcare
https://www.afr.com/companies/retail/bunnings-launches-biggest-expansion-in-decades-20230224-p5cneg

In its largest category expansion since introducing kitchens nearly two decades ago, Wesfarmers-owned hardware giant Bunnings will launch a specialty pet-care department offering items ranging from food to toys and bowls for cats, dogs and birds.

The department will launch next month and include close to 1000 new items in a major expansion of its current offering of kennels, mats, bedding and pet doors, as Bunnings seeks a larger slice of the fast-growing $10 billion specialty pet sector.

Red Sheds have a skimpy range and the odd pallet of Tux biscuits .... I told Nick a few years ago pet sales could be huge if they did it properly

Obviously didn't listen and If Bunnings do this in NZ that opportunity for category expansion in the Red Sheds has gone begging

NZ spend zillions on their pets ..(maybe even more than clothees lol)

[Onemootpoint]

It's as though WES read your comments on an expanded pet department the other day. I thought that was a good point. May not be too late though for a feasibility study, if not done already.

[Red Baron]

The warehouse still committed to expanding their grocery range at a competitive price level...last par:

https://www.stuff.co.nz/business/131243709/is-it-cheaper-to-buy-your-groceries-at-the-warehouse-or-the-supermarket

More detail on current expanded store:
https://www.stuff.co.nz/business/131237038/the-warehouse-expands-into-fresh-fruit-veges?rm=a

Fired up the Fokker for a short flight to the Riccarton Varehouse.  I needed to votocopy some secret papers.  This seems to be the main reason for me to visit the varehouse these days.   

Vile there, I noticed the fruit and veges. 1.5kg of top quality Ohakune carrots for $4.  None of this ugly vege stuff. The Baron alvays goes for the best, and these are it.  So 'even in size' are these carrots, and not so big, I think I could fit them in the rotating magazine of my front mounted machine gun.  Ha Ha! That will give my arch nemesis Herr von Schnoopy something to worry about, as vell as something to add to his supper dish!    Picked up a pack of 4 top quality peppers for $5 as vell.  Also a packet of Vaikato branded chocolate almonds.  Almonds lower blood sugar levels, reduce blood pressure, and lower cholesterol levels. They can also reduce hunger and promote veight loss. Vaikato almonds are 'Basic health food' for a Vorld Var One Vet. 

On the vay out I noticed several customers with with fruit and veges in their trolleys, vile others were buying non food lines.  There didn't seem to be huge crossover between the two groups.

My flight path home took me over a shopping area called 'Tower Junction'.   I noticed the construction of a beautiful new hanger, big enough to svallow a squadron of Fokker triplanes. But vot is this label across the front of the building?  'Torpedo 7'?  I have seen a 'Torpedo 7' store before, but nothing on the scale of this!  Ground scouts in Christchurch please confirm.  Something is afoot, and outdoor retailing rivals are not going to like it!

RB

       

[BlackPeter]

Not so flash: The Warehouse as well as Warehouse Stationary and Noel Leemings featured (unfortunately again) ways below average in the recent Consumer Satisfaction Survey of the Consumer Magazine.

Here is the link (for access it helps if you are a subscriber):

https://www.consumer.org.nz/articles/retail-service

Not sure the results are consistent with my personal impressions - I found Warehouse staff always helpful and happy to replace / refund broken goods (during and even beyond the warranty period), but still wish they could improve their act ... unhappy customers mean in the long run unhappy shareholders.

Do you listen, Nick?

[winner (n)]

Haven't heard from WHS since the sad story put out just after Christmas

Half year result next Thursday..wonder what'll be

Last they told us was H123 Gross Margin $s broadly in line with pcp but CODB and depreciation to be $20m-$25m higher.

H122 NPAT was $48m so that 'guidance' suggests H123 NPAT will be around $32m ......down 33%

Hope it's no worse than that because being 33% down is pretty bad

But no worries as Market Club membership must be approaching 1 million by now ....that's cool!