• Re: [NEWS] The Warehosue new CEO to revamp stores (yet again)

    From Crash@3:633/10 to All on Saturday, November 15, 2025 21:28:50
    On Sat, 15 Nov 2025 18:13:15 +1300, Your Name <YourName@YourISP.com>
    wrote:

    On 2025-11-15 02:45:46 +0000, Crash said:
    On Sat, 15 Nov 2025 14:13:19 +1300, Your Name <YourName@YourISP.com>
    wrote:

    Another new moron in charge of The Warehouse and as usual he plans to
    waste more money 'revamping' the stores yet again. I've lost count how
    many times they've tried this pointless exercise. They should just stop
    wasting money on changing the stores, as well as the over-bloated wages
    paid to these moron CEOs, and simply lower the price of the items
    in-store! :-\


    The article is for 'Premium subscribers', but you can watch the video for free.

    Inside new Warehouse CEO Mark Stirton?s push
    to modernise stores, rebuild profits

    <https://www.nzherald.co.nz/business/companies/retail/inside-mark-stirtons-push-to-modernise-the-warehouse-and-rebuild-profits/premium/Z3HKIMYPHNAGFPEHH2HTL5WO74/>


    They are losing money and you want them to lower prices? Yeah right.

    What percentage of costs are represented by the bloated salaries paid
    to the top executives that the owners have chosen to pay? The answer
    is a pittance so the savings would make no significant difference to
    profitability.

    A purposely simplified example: if the CEO is paid $1million and the
    company sells 1million items per year, then getting rid of the CEO
    saves $1million and the products can be sold $1 cheaper.

    Are you serious about 'a purposely simplified example'? Your response
    is the perfect example of that.


    The reality is that the owners and their chosen staff will have an
    infinitely better idea on how to run their business, than you do.

    CEOs, and management in general, have almost zero understanding of the >businesses they run - one week they're selling shoes, then next they're >selling cars, the next they're selling fizzy water, the next they're
    selling computers. Yes, it is all selling products, but they are
    completely different products, often with very different target market.

    So how much research have you done on the previous experience of the
    current CEO? Your ignorance is almost as breathtaking as your
    arrogance.



    Retail is an ever-evolving business. The red sheds have not changed
    that much over the years,

    They've changed many times. Most recently was with the previous CEO.

    Rubbish. I have shopped at the Warehouse since about 1992. Not a lot
    has actually changed.

    Every new moron in management comes along with silly ideas in an
    attempt to make themselves look useful and "worth" obscene paypackets
    ... in most cases they prove they're completely wrong and either get
    kicked out or jump ship at the first opportunity (along with an equally >obscene "exit package").

    Total tosh. In 1998 Sir Stephen Tindal came back to TWH for a year or
    2. He made few changes, and few have been made since. He still owns
    more than 50% of the company he started, and he knows more about
    running a company like this than you will ever know.


    except that they now devote far more shelf-space to food. Food sales
    gets shoppers into the store far more frequently, which in turn gives
    the red sheds the opportunity to capture non-food sales.

    The range of food items at The Warehouse is limited, so fwe people can
    or do use that for their weekly shopping. At best it is used for "top
    up" shopping or grabbing an occasional bargin.

    In my local red shed, there was a revamp of the space about a year ago
    to expand the food space. It is now around 30% of the store. Yes it
    is all pre-packaged food but the 500g butter was down to a few blocks.


    If the revamp fails this will not directly affect you or I unless the
    business fails. No sign of that yet.

    Other than they yet again move everything around and make it difficult
    to find what you went in for. Not to mention the mess and noise while
    they redo the floors, move all the stock around, etc. yet again.

    Revamping, rebranding, rebooting, etc. are all almost always pointless >money-wasting exercises that do not achieve the beforehand claimed >"outcomes".

    So why do you keep going back? Your stupidity belies your ideological
    bent. The fact is that you exaggerate the level of change. You still
    shop there - whatever you went in to buy is not as hard to find as you
    make out. If it were why are you so silly as go back again and again
    when you cant finds the product you want?


    --
    Crash McBash

    --- PyGate Linux v1.5
    * Origin: Dragon's Lair, PyGate NNTP<>Fido Gate (3:633/10)