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23 May 2025 17:16
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  •   Home > News > Business

    Smith and Caughey's closure indicates what needs to change in Auckland's CBD

    Smith and Caughey's closure indicates what needs to change in Auckland's CBD

    22 May 2025
    The city's most iconic department store is closing its doors after 145-years - with the loss of almost 100 jobs.

    The closure comes down to increased competition, economic hardship and the state of the central city.

    Heart of the City Chief Executive, Viv Beck says - its a sign of fundamental flaws in the management of Auckland's CBD, especially in transport.

    She says the system needs more functionality and common sense to meet Auckland's realistic transport needs

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     23 May: The Finance Minister says the whole country will benefit from New Zealanders having more savings
     23 May: A boost for Nelson Hospital is the Government's largest ever investment in the city
     22 May: NZ Budget 2025: tax cuts and reduced revenues mean the government is banking on business growth
     22 May: Centre pieces of today's Budget include KiwiSaver changes - and a new business tax incentive
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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     Today's News

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    Law and Order:
    Theft of hot water heaters is on the rise in Auckland's Rodney 16:17

    National:
    Heart Lamp by the Indian writer Banu Mushtaq wins 2025 International Booker prize – a powerful collection of stories inspired by the real suffering of women 16:07

    International:
    Marsh hits maiden IPL century as eliminated Lucknow Super Giants stun Gujarat Titans 16:07

    Entertainment:
    Kim Kardashian has "finally" graduated from law school 16:06

    Entertainment:
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    Law and Order:
    Police are investigating reports of a driver pulling a knife at fellow motorists in Tauranga 15:27

    Entertainment:
    Kourtney Kardashian thinks the school system is "dated" 15:06


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