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Briscoe lays groundwork for growth through $100m facility

‘We’ve been saving our pennies for a while,’ says managing director Rod Duke.

A new multimillion dollar distribution centre is in the works.

Kate McVicar Wed, 13 Mar 2024
Key points
  • Revenue: Up 0.8% to $792m.
  • Net profit: Down 4.8% to $84.2m. 
  • Key takeaway: The retailer reported steady revenue in challenging retail environment and is taking steps toward future growth. 

 

Briscoe Group will purchase land to build a new warehousing facility to support further growth.

The NZX-listed retailer behind Briscoes, Rebel Sport, and Living and Giving is set to buy land in Drury, South Auckland and has signed an agreement with an international company to automate the

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Kate McVicar Wed, 13 Mar 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Up 0.8% to $792m.
  • Net profit: Down 4.8% to $84.2m. 
  • Key takeaway: The retailer reported steady revenue in challenging retail environment and is taking steps toward future growth. 

 

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Briscoe lays groundwork for growth through $100m facility
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