Ann: Change in substantial holding, page-8

They have been opening and closing stores, i.e. close 2 then open 3. The numbers vary a little but the store count has been between 350-360 for a year or two now I think.

The comparable sales can vary significantly when closing poor performing stores and then opening new stores in "better" locations. This is something TRS is doing and rightly so.

An audit would need to be carried out for the actual figures.

TRS also needs to update their website as they have gone through a round of redundancies, 30 people have been made redundant in all.
These members of staff were made redundant a week ago, but their details are still on the "Information for Suppliers" page.

https://www.rejectshop.com.au/aboutus/informationforsuppliers

Group Buying Manager (Lifestyle)
Group Buying Manager (FMCG)
Buyer - Aroma, Home Deco, Manchester & Photography
Buyer - Storage, Furniture & Clothing
Buyer - Toiletries & Fashion Accessories


Brendon Short - General Manager – Operations, hasn't worked for TRS for a few weeks now, but his details can still be found under the "Management Team" page.

Come on TRS, you are in Retail and inherently public facing, pull up those socks.