Too much risk in financial services – The Warehouse boss
CEO Nick Grayston downsizes the business his predecessor tried to diversify.
Calida Smylie Tue, 25 Jul 2017
The Warehouse Group decided to get out of its financial services business before the losses spiral further, as it brings business back to the basics it’s known for.
The retail group announced yesterday it is selling its financial services unit – which sells credit and insurance – to SBS Bank
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