Warehouse Group pounces as electronics retailer leaves NZ market…

Discount electrical goods retailer Good Guys has decided to leave the New Zealand market, with The Warehouse Group taking over the company’s appliance stores in Auckland.

According to The Warehouse CEO Mark Powell, both will work together to minimise disruption and any potential impact to customers, employees and store landlords as Good Guys exits the market.

Powell says that while they were not acquiring the Good Guys business, after the Good Guys stores have closed The Warehouse will take on the five Good Guys stores site leases, work with Good Guys to offer as many as possible of their employees alternative employment and would use Noel Leeming stores to allow former Good Guys customers to return faulty product.

“Our goal is to minimise the impact of Good Guys closure on its team members, customers, landlords, and the wider business community,” he says.

The Warehouse will take over the lease of the five Good Guys stores at Albany, Wairau Park, Manukau, Botany and Sylvia Park.

Powell says the company would look to utilise these retail spaces across a mix of its retail brands with the business comprising of The Warehouse, Warehouse Stationery, Noel Leeming Group, Torpedo 7 and R&R Sports.

Powell adds that the transition arrangement offered benefits to the The Warehouse, including an ability to expand its store networks in additional locations, as well as the potential to add new experienced retail team members in the Auckland region.

Follow Us
on Google+
Sponsored

Hilton Auckland

As more and more conferences and events arrive in New Zealand, the opportunity to gain knowledge and build networks becomes better every day. Conferences can be hard work, and there’s nothing like retiring to a nice hotel room at the end of the day to relax and rest. But how do you turn a night in a hotel room into a lesson in building brand loyalty?   Read More →

Android App Review: Vimeo

NetGuide I review a lot of apps that, for one reason or another, aren’t that good. But it’s rare to find one that’s actually irredeemably broken. Video sharing website Vimeo’s app, however, is closer than it should be for an app with such obvious potential.   Read More →

Review: Samsung Gear S

NetGuide It takes something pretty special to stand out from the crowd in the smart wearable space. With new smartwatches and bands launching on a weekly basis, there’s lots of noise and plenty of confusion.   Read More →