Thanks so much for watching this episode! I've started a Markets with Madison TH-cam channel, please subscribe here to watch episodes from now on: www.youtube.com/@MarketsWithMadison?sub_confirmation=1 See you soon! Madison
@@strawboialright....I'll take u up on that one. Tell me the ratio of dog crap vs iPhone level quality products from China? Plus, u must be a fan of worker exploitation and monolithic companies avoiding domestic tax responsibilities too? How many times have u upgraded and tossed your old iPhone? It all adds up bro. Take a breath and realise it all goes in a hole somewhere eventually. Slap yourself in the face 5 times and you shall be forgiven.
@@strawboi14 was the worst purchase of my life, it has near zero capability outside of ordinary use. anytime I want to do something with a step of complication it crumbles require propriatary soft or hardware to do the job$. a downgrade from my $400 samsung tablet.
The Warehouse used to be a great store back in the day because everything was cheaper than anywhere in NZ! Now I have to wait for a big sale before I go!
I think Warehouse clothing has great potential but it has far too many depressing colours these days. Surely , we can wear lighter, brighter more optimistic colours?????
The ultimate irony in the "current" model is that the rich would not be rich if there was no poor. Thankfully some remodelling is underway. Hold tight and scream if you want to go faster! 👍
I would be interested to see how the DIY and trade business's compare. Mitre10 Mega, Placemakers, Bunnings, Tumu Timbers, Carterholt Harvey. All I can think of. A lot of families are doing projects as the kids come home to live with mum and dad. Retirees are starting to look at doing the 'dream' upgrade, like a decking or re-do the bathroom. Are there any reflections of this in their annual reports? Or are they doing it tough like The Warehouse?
Love this idea@@David-yo5ws ! Hoping to interview Wesfarmers CEO Rob Scott about Bunnings this year. Graeme Hart owner of Carter Holt would be a dream interview, but it's rare for him to talk. Mitre 10 is a privately-owned co-operative so a bit hard to get hold of too. But their reports will tell the story! M
There are many deep rooted factors everywhere you look , kids and youth don't even want to do outdoor activities anymore , how are you going to sell bikes and outdoor equipment when they can't even walk to school anymore , and play video games everyday . Social dynamics plays a huge factor .
Maybe Warehouse can try groceries harder. after all people need food every day and don't need to buy clothing or toys every day/weekly no matter how cheap they are.
Their grocery business is very low margin! I spoke to CEO Nick Grayston about it in this episode last year: th-cam.com/video/xEbgleYyvsk/w-d-xo.html Madison
Warehouse is supposed to be a cheaper place to buy. Groceries are not cheaper than supermarkets. Maybe a few buy out of convenience than driving to the next store. Pointless if low margin. Torpedo was not clever. It would have been better just to provide similar gear inside of the warehouse at an affordable price.
When you fool customers for long enough they will go to the competitor at the very chance they get…when companies like Kathmandu have production out of extreme low cost places like India, Bangladesh, etc … one can just imagine the margins they work with. I used to get things from Kathmandu when I used to live in NZ but now I source my outdoor gear straight from manufacturers in Indonesia whenever I go there.
$1 I would've brought it for that but shows TWG cares more for profit rather than caring for the NZ people as they claim, when they purchased it, they should've been aware they were making smaller margins than the cheaper crap they sell at the red sheds. Feel TWG is a bit over the place with it's decisions
So we are in a recession and the higher priced items aren’t selling as well, I wonder why? They shouldn’t be doing grocery at all it hurt them last time, didn’t learn their lesson by looks.
6 years of a Labour Government taking more and more in taxes...Auckland's regional fuel tax so we can have million dollar speed bumps on crumbling roading and Auckland City employee's can fly first class.....
@@SpectacularSewingI don't think the OP is blaming others and sitting back on a benefit, they are complaining about Taxes, that implies working for a living.
High skilled employees cannot afford to fly first class, but they are moving overseas for fairer pay and lower taxes and respected as skilled migrants rather than second class to maori+european kiwis. NZ is failing due to its own ignorance and limited view of NZ.
Kmart has a way nicer ring to it than the warehouse ....my partner and our teenage kids looove kmart .....buying rubbish they actually dont need ....they wont touch The Warehouse its awful inside nothing nice about the experience seems to have a vibe ...hard to explain.
Do a sharesies episode, precious metal one too maybe. I hear physical silver is a good investment....better than gold as it is less plentiful. Would love to hear your comments.
Silver might be a good investment if you manufacture mirrors. The silver price fluctuations are so small, that you would lose on every transaction cost when you came to convert it back into money. You would have to have a Masters Degree in monetary systems and economics and history, to be an investor in Gold. Gold is no longer tied to the value of money. It tends to follow the price of oil. But as more countries move away from using oil, then will the price of oil decrease in value. If that happened, oil would no longer be viable to drill for. So what happens to gold then??? As I said, unless you have a degree, I would stick to paying off all your debts and have a good emergency supply of food, honey and water. I think we are in for a very bumpy ride by the end of this year. "I can feel it in me waters."
Torpedo 7 should developing combat gear take a lot at what’s happening in the would WAR start developing combat gear name already says it and with that gear it develops sell gear over sea get government contracts as well Supply Ukraine 🇺🇦 for a fee
![[TH] 2024 PMSL SEA W1D5 | Fall | เก็บแต้มของจริง คือวันนี้](http://i.ytimg.com/vi/EciIAlCXg5k/mqdefault.jpg)
Thanks so much for watching this episode! I've started a Markets with Madison TH-cam channel, please subscribe here to watch episodes from now on:
www.youtube.com/@MarketsWithMadison?sub_confirmation=1
See you soon! Madison
Sick of buying poor quality Chinese crap that winds up in our landfill in less than 12 months.
iPhone is made in China - did you buy the iPhone 15?
@@strawboialright....I'll take u up on that one.
Tell me the ratio of dog crap vs iPhone level quality products from China?
Plus, u must be a fan of worker exploitation and monolithic companies avoiding domestic tax responsibilities too?
How many times have u upgraded and tossed your old iPhone? It all adds up bro.
Take a breath and realise it all goes in a hole somewhere eventually.
Slap yourself in the face 5 times and you shall be forgiven.
nope@@strawboi
I've noticed the returns line is now much shorter than the line to the cash register 😅
@@strawboi14 was the worst purchase of my life, it has near zero capability outside of ordinary use. anytime I want to do something with a step of complication it crumbles require propriatary soft or hardware to do the job$. a downgrade from my $400 samsung tablet.
I do Not like the discount cards, "the price is the price" this discount card thing makes me feel like i'm being ripped off.
The Warehouse used to be a great store back in the day because everything was cheaper than anywhere in NZ! Now I have to wait for a big sale before I go!
Agree their prices are higher than K Mart
This show of Madison's is the only shinning light of the whole NZ Herald business!
Legend 🤍M
I think Warehouse clothing has great potential but it has far too many depressing colours these days. Surely , we can wear lighter, brighter more optimistic colours?????
Someone needs to invest in warehouse and help them fund more groceries to Compete with the other supermarket chains
Warehouse should become a proper all-in-one store, similar to Walmart to compete with Costco.
Yeah and sell rifles and ammo and everything you name it off the shelf! Choice as bro
@@boltang Sounds great!👍
@@boltang gets my vote!
last week a bottle of Pepsi at the Warehouse was $4 and at Woolworth $1.99. Where is the bargain?
Torpedo7 used to be affordable and then suddenly they were not, so I stopped shopping there.
After average kiwis have purchased groceries,they don’t have many $ left
The ultimate irony in the "current" model is that the rich would not be rich if there was no poor.
Thankfully some remodelling is underway. Hold tight and scream if you want to go faster! 👍
There are no bargains at the warehouse, most things cost more there then anywhere else
A lot more news to come on retail stocks this year as they manage an economic downturn. Let me know what ones you want me to focus on next. Madison
How about you eggs be fair with the news??
I would be interested to see how the DIY and trade business's compare. Mitre10 Mega, Placemakers, Bunnings, Tumu Timbers, Carterholt Harvey. All I can think of. A lot of families are doing projects as the kids come home to live with mum and dad. Retirees are starting to look at doing the 'dream' upgrade, like a decking or re-do the bathroom. Are there any reflections of this in their annual reports? Or are they doing it tough like The Warehouse?
Love this idea@@David-yo5ws ! Hoping to interview Wesfarmers CEO Rob Scott about Bunnings this year. Graeme Hart owner of Carter Holt would be a dream interview, but it's rare for him to talk. Mitre 10 is a privately-owned co-operative so a bit hard to get hold of too. But their reports will tell the story! M
There are many deep rooted factors everywhere you look , kids and youth don't even want to do outdoor activities anymore , how are you going to sell bikes and outdoor equipment when they can't even walk to school anymore , and play video games everyday . Social dynamics plays a huge factor .
I'm renting and i dont have enough to buy things from their store.. all i can afford is to window shop, touch and ask a few questions.
Maybe Warehouse can try groceries harder. after all people need food every day and don't need to buy clothing or toys every day/weekly no matter how cheap they are.
Their grocery business is very low margin! I spoke to CEO Nick Grayston about it in this episode last year: th-cam.com/video/xEbgleYyvsk/w-d-xo.html Madison
Warehouse is supposed to be a cheaper place to buy. Groceries are not cheaper than supermarkets. Maybe a few buy out of convenience than driving to the next store. Pointless if low margin. Torpedo was not clever. It would have been better just to provide similar gear inside of the warehouse at an affordable price.
When you fool customers for long enough they will go to the competitor at the very chance they get…when companies like Kathmandu have production out of extreme low cost places like India, Bangladesh, etc … one can just imagine the margins they work with. I used to get things from Kathmandu when I used to live in NZ but now I source my outdoor gear straight from manufacturers in Indonesia whenever I go there.
Nick Grayson is the Warehouse’s biggest problem in my opinion.
Doesn't help that the Warehouse delivery fees are astronomical and most bulk items have to be shipped in from Australia.
Focus on quality /bang for back
$1 I would've brought it for that but shows TWG cares more for profit rather than caring for the NZ people as they claim, when they purchased it, they should've been aware they were making smaller margins than the cheaper crap they sell at the red sheds. Feel TWG is a bit over the place with it's decisions
So we are in a recession and the higher priced items aren’t selling as well, I wonder why?
They shouldn’t be doing grocery at all it hurt them last time, didn’t learn their lesson by looks.
6 years of a Labour Government taking more and more in taxes...Auckland's regional fuel tax so we can have million dollar speed bumps on crumbling roading and Auckland City employee's can fly first class.....
Start being self accountable and stop blaming everyone else for your poor standard of life.
@@SpectacularSewingI don't think the OP is blaming others and sitting back on a benefit, they are complaining about Taxes, that implies working for a living.
High skilled employees cannot afford to fly first class, but they are moving overseas for fairer pay and lower taxes and respected as skilled migrants rather than second class to maori+european kiwis. NZ is failing due to its own ignorance and limited view of NZ.
Kmart has a way nicer ring to it than the warehouse ....my partner and our teenage kids looove kmart .....buying rubbish they actually dont need ....they wont touch The Warehouse its awful inside nothing nice about the experience seems to have a vibe ...hard to explain.
Do a sharesies episode, precious metal one too maybe. I hear physical silver is a good investment....better than gold as it is less plentiful.
Would love to hear your comments.
Silver might be a good investment if you manufacture mirrors. The silver price fluctuations are so small, that you would lose on every transaction cost when you came to convert it back into money. You would have to have a Masters Degree in monetary systems and economics and history, to be an investor in Gold. Gold is no longer tied to the value of money. It tends to follow the price of oil. But as more countries move away from using oil, then will the price of oil decrease in value. If that happened, oil would no longer be viable to drill for. So what happens to gold then??? As I said, unless you have a degree, I would stick to paying off all your debts and have a good emergency supply of food, honey and water. I think we are in for a very bumpy ride by the end of this year. "I can feel it in me waters."
Torpedo 7, I went to buy a tisher for the FIFA World Cup, and there was nothing in the shop, even a sign, and the same with the rugby World Cup.
Alot just buying off Temu ,trademe and market place, save ya gas kids🎉😂
Whets wrong with Kathmandu....GWGB... that's what's wrong!
The warewhare is going bust. That's what happened to many small shops like toy world when the big red barn came to town. Karma?
Torpedo 7 should developing combat gear take a lot at what’s happening in the would WAR start developing combat gear name already says it and with that gear it develops sell gear over sea get government contracts as well
Supply Ukraine 🇺🇦 for a fee
Not professional - who is this up her self and strange acting presenter ? Amateur indeed