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.
‘Live better’ store revitalisation programme delivering results, but adverse trading conditions and consumer uncertainty continue in the second quarter. National appliance and furniture retailer Smiths City Group today announces it has deferred its planned $5.7 million distribution of capital following a continuation of tough trading conditions. In the face of the trading conditions, sharp competition,
Smiths City Group Limited (Company) announced on 2 June 2017 that the Company planned to proceed with a Court approved process for a return of capital in accordance with Part 15 of the Companies Act 1993 (Return of Capital). On 3 August 2017 the Company announced their annual meeting of shareholders and released a summary
Smiths City (Southern) Limited is the Group's trading arm. This company operates through Smiths City, with centralised back office support functions. The over-riding retail strategy centres upon the retailing of branded products.