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 StirtonAs 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/>
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 StirtonAs 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.
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.
Retail is an ever-evolving business. The red sheds have not changed
that much over the years,
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.
If the revamp fails this will not directly affect you or I unless the business fails. No sign of that yet.
On 2025-11-15 02:45:46 +0000, Crash said:So you are saying that they don't need a CEO are you? That the business will run efficiently without the most senior manager.
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 StirtonAs 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.
Your experience is clearly somewhat extreme, and definitely does not match mine.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.
That is also extreme, small to medium sized businesses rarely pay high salariesRetail 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.
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 getReally, what terrible experience has led you to that opinion?
kicked out or jump ship at the first opportunity (along with an equally >obscene "exit package").
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.
Sometimes they do sometimes they don't, properly researched and managed they can be very effective.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".
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 StirtonAs 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.
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.
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.
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").
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.
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".
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