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.
Smiths City Group Limited (Company) is pleased to announce that one of its subsidiaries, Smiths City (Southern) Limited (Southern) has entered into a conditional agreement (Conditional Agreement) to purchase the business and assets of both Panmure Furniture City 1983 Limited (Furniture City) and its logistics operation Lucky Dragon Limited (Lucky Dragon). Auckland based, Furniture City,
The Directors of Smiths City Group Limited, the Christchurch based retailers, have announced an operating surplus after taxation for the six months to 31 October 2015 of $2.555million compared with $4.266million last year with both period results affected by extraordinary items relating to the Christchurch property as well as “one off restructuring” costs in 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.