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Smiths City Closes All Stores Amid Market Struggles

9/2/2025

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Summary

Story summary

Smiths City, a New Zealand retailer established in 1918, has closed all nine stores and its online shop due to voluntary administration.
Administrators BDO plan to reopen stores later this week and will reach out to customers with deposits.
Owner Colin Neal attributed the closure to decreased consumer spending and challenging market conditions.

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Story summary

Smiths City, a New Zealand retailer established in 1918, has closed all nine stores and its online shop due to voluntary administration.
Administrators BDO plan to reopen stores later this week and will reach out to customers with deposits.
Owner Colin Neal attributed the closure to decreased consumer spending and challenging market conditions.