Tom Raynel - Profile and Journalist Details
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Tom Raynel
Verified
Multimedia Business Reporter, New Zealand Herald
Auckl
Beats
Local democracy
Content
By Tom Raynel Verified| New Zealand Herald Verified Analysts describe The Warehouse as a "sunset" brand, set to slowly decline out of business. So what are the challenges it needs to address to turnaround? Photo / Jason OxenhamShares in The Warehouse are trading around their lowest levels since listing on the stock exchange. The company doesn’t have a permanent chief executive nearly a year after its last chief executive resigned and its revenue and profit margin is under pressure.
By Tom Raynel Verified, Riley Kennedy Verified, Rebecca Stevenson Verified| BusinessDesk Verified The New Zealand sharemarket fell today as the reporting season ended, with the market now beholden to ongoing international impacts.The S&P/NZX 50 Index closed up 0.42% or 51.07 points, rising to 12,118.99, with 38 million shares changing hands to the value of $115.1m.The S&P/NZX20 index closed at 7,201.19, up 0.39%, while the S&P/NZX10 index closed at 1,831.27, up 0.27%.There were 78 gainers on the main board and 54 decliners.Tourism woesThe story of the day was with Tourism Holdings (THL),...
By Tom Raynel Verified| New Zealand Herald Verified Analysts describe The Warehouse as a "sunset" brand, set to slowly decline out of business. So what are the challenges it needs to address to turnaround? Photo / Jason OxenhamShares in The Warehouse are trading around their lowest levels since listing on the stock exchange. The company doesn’t have a permanent chief executive nearly a year after its last chief executive resigned and its revenue and profit margin is under pressure.
Company Info
New Zealand Herald
The NZ Herald is New Zealand's leading news organization, established in 1863 as a daily newspaper. It has evolved into a multimedia news provider, recognized as the most-read print and digital news source in the country. Owned by NZME Publishing Limited, the NZ Herald is part of New Zealand Media and Entertainment, which was formed through the merger of APN New Zealand and The Radio Network. The NZ Herald publishes the most widely circulated daily and weekend newspapers in New Zealand, with a readership significantly higher than its nearest competitor. Its digital platform attracts over 2 million unique users each month, offering a wide range of content including breaking news, politics, business, sports, and lifestyle. The organization employs hundreds of journalists across the country, ensuring comprehensive coverage of local and national stories. Additionally, it maintains extensive historical archives, documenting over 160 years of reporting.
Auckland, Auckland, New Zealand
Founded: 2014