Radio New Zealand - Te Reo Irirangi o Aotearoa

The Warehouse Group sales rise

Updated at 5:34 am on 12 May 2012

Sales at The Warehouse Group have risen as the company stores as part of a multi-million dollar revamp.

The owner of the red sheds and Warehouse Stationery chains made $394.2 million in the three months to the end of April, a rise of 3.3% on the same period a year ago.

Its Warehouse stores made $338.4 million during the period, up 3.5% on 2011, while sales at stores open more than a year rose 1.2%.

Warehouse Stationery stores made $55.8 million in the quarter - up 2.4% - while its same store sales rose 4.1%.

Group chief executive Mark Powell says its long term development is resonating well with customers.

Mr Powell says three new Warehouse stores will open in October.

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