Dunedin’s Smiths City store has been “temporarily closed” for business this morning as the beleaguered retailer enters voluntary administration. The Dunedin store, which moved to Crawford St last year, is one of nine Smiths City shops across New Zealand to close their doors today. The big box retailer last month announced a downsizing which included…
The company was previously in receivership in 2020, when it was acquired by Colin Neal’s Polar Capital and delisted. Smiths City has nine stores and employs more than 110 staff. Smiths City has been moved into voluntary administration, affecting more than 110 staff. The home appliances and furniture retailer has nine bricks-and-mortar stores as well…
National retailer Smiths City has “temporarily” closed all of its stores after being placed in voluntary administration. Staff were called into a meeting at 9am on Tuesday and informed of the decision. All nine remaining Smiths City stores across New Zealand and its online shop have now been “temporarily closed for business” to assess the…
Christchurch-based national retail chain Smiths City will close all of its stores after being placed in voluntary administration. Staff were called into a meeting at 9am on Tuesday and informed of the decision. All nine remaining Smiths City stores across New Zealand and its online shop have now been “temporarily closed for business” to assess…
King hit: Mercedes mess claims another victim The West Australian Read the original article here
Christchurch-based national retail chain Smiths City will close all of its stores across New Zealand after being placed in voluntary administration. Staff were called into a meeting at 9am on Tuesday and informed of the decision. All nine remaining Smiths City stores and its online shop have now been “temporarily closed for business” to assess…
Smiths City in voluntary administration MSN Read the original article here
Smiths City placed in voluntary administration BusinessDesk Read the original article here
Home appliance and furniture retailer Smiths City has gone into voluntary administration. Administrators are calling for “urgent” expressions of interest for potential buyers of the business. The company was founded in Christchurch in 1918, and currently operates nine physical stores across New Zealand, along with an online store. In a statement, a spokesperson for administrators…
Retail chain Smiths City has announced it has been placed into voluntary administration and will close all of its stores. Staff were called into a meeting at 9am on Tuesday, where they were informed of the decision, chrislynchmedia.com reported. All nine Smiths City stores across New Zealand, along with its online shop, have been temporarily…