Founded in Christchurch in 1918 by Henry Cooper Smith - Smiths City Group Limited is a Christchurch based holding company active in three complementary industry segments – Retail, Property & Consumer Finance.
The Board of Directors of Smiths City Group Limited (SCY) advises that Mr Luke Bunt has resigned as a Director of the company and associated entities for personal reasons. Whilst Luke has only been part of the Board for a short time his contribution has been valued and is appreciated. The Board previously advised they
The Board has commissioned Edison Investment Research Limited to provide an independent report on the company. Edison has released a corporate outlook report that can be found attached to this release and is also available on our website. This report has been prepared using information that is publicly available. It should be noted that the
Smiths City (Southern) Limited is the Groups trading arm. This company operates through three divisions Smiths City, Powerstore and Alectra with centralised back office support functions. The over-riding retail strategy centres upon the retailing of branded products.