Robyn Edie/Stuff
The Warehouse shuttered Diners Club in 2018, and has now put it into liquidation.
The once-proud Diners Club (NZ) has been put into liquidation.
Its ultimate owner was The Warehouse, which bought it for $3 million in 2014 in a bid to launch a financial services operation.
But in 2018, the NZX-listed retailer pulled the plug, sending letters to cardholders explaining that Diners Club (NZ) would stop issuing cards and membership would be discontinued from the end of December that year.
The letters asked cardholders to pay off any debts they owned on their cards, or contact the company to arrange repayment plans.
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Read the full article at: https://www.stuff.co.nz/business/125978450/diners-club-nz-put-into-liquidation-by-the-warehouse-group