The Warehouse might have another home on the Frankton Flats.
It’s understood the Red Shed may shift from Queenstown’s Remarkables Park Town Centre to become an anchor tenant for the next stage of the Five Mile shopping complex.
The move would allow the prominent discount retailer to increase its floor space almost 2000 square metres to about 5000sq m.
The first stage of Five Mile, anchored by the Countdown supermarket, opened last October.
The Warehouse would become the second big-box retailer to leave Remarkables Park.
The former Mitre 10 shut its doors late last year and reopened as the much larger Mitre 10 Mega hardware store at Shotover Park, also on the Frankton Flats.
It’s been rumoured that retail giant Harvey Norman will move into the Mitre 10 premises.