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 recent re-branding of the Group’s finance company from Smithcorp Finance Limited to Smiths City Finance Limited is the first step in a strategy to increase the profile and ultimately the size of the finance business and reflects the importance of consumer finance in the Group’s integrated “full service retail” model. The Directors are pleased
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 2014 of $4.266million compared with $1.903million last year – an increase of 124.1%. Operating revenues for the six months were $109.473million – up 0.9% on previous year of $108.504million. 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.