News | Business
2 Sep 2025 17:18
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Smiths City has stopped trading as financial pressures increase

    Smiths City has stopped trading as financial pressures increase


    The home appliance and furniture retailer - founded in Christchurch in 1918, has been placed in Voluntary Administration this morning.

    All of the country's nine stores and the online shop have been closed so administrators can undertake an urgent assessment.

    Retail NZ chief executive Carolyn Young says it's devastating news and that everything is now in the hands of those in charge of the voluntary administration.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     02 Sep: Polish CEO Piotr Szczerek issues apology for stealing Kamil Majchzrak's hat from US Open fan
     02 Sep: Nurses are continuing their fight for safer staffing - with another round of industrial action
     02 Sep: The days of small dairy and meat companies may be coming to an end
     02 Sep: EU head Ursula von der Leyen's plane hit by suspected Russian GPS interference
     01 Sep: Hopes from one electricity retailer the government may underwrite generation projects
     01 Sep: Another small fall in building consent numbers
     01 Sep: Those living outside of Auckland will still have the benefit of Ikea when the furniture giant opens up later this year
     Top Stories

    RUGBY RUGBY
    Boxer Joseph Parker is set to headline London's O2 arena against undefeated local prospect Fabio Wardley on October 25 More...


    BUSINESS BUSINESS
    Smiths City has stopped trading as financial pressures increase More...



     Today's News

    Entertainment:
    Mark Hamill and his wife Marilou York's marriage secret is acceptance 17:13

    Law and Order:
    Police are appealing for sightings of a Whangarei man last seen by family nearly three weeks ago 16:57

    Entertainment:
    Richard Gere's once-grand Connecticut estate has officially been reduced to rubble 16:43

    International:
    When parental discipline is actually coercive control 16:17

    Law and Order:
    16 people have now been charged in relation to the alleged murder of a Rotorua man in July 16:17

    Entertainment:
    Lady Gaga has been confirmed as a performer at the 2025 MTV Video Music Awards (VMAs) 16:13

    Politics:
    Indonesian MPs' homes looted amid increasingly violent protests over perks for politicians 15:57

    Entertainment:
    Gavin Rossdale says his late mum Barbara gave him "really good genes" as he approaches his 60th birthday 15:43

    Law and Order:
    A man's been charged in connection to allegations of historical abuse at several West Auckland schools 15:27

    Entertainment:
    Riz Ahmed was hospitalised after his body "gave up on me" while filming 2016's Rogue One: A Star Wars Story 15:13


     News Search






    Power Search


    © 2025 New Zealand City Ltd