Smith & Caughey's lives to fight another day

Smith & Caughey's was established in 1880. (Image: Sylvie Whinray)

Tue, 06 Aug 2024

To survive, Auckland department store Smith & Caughey’s will have to become smaller. The company said Tuesday that it has decided to implement a new reduced format beyond January 2025. It expects approximately 100 redundancies over the next six months, while around another 100 jobs will be retained.“This will see operations downsized and refined to the ground floor of the Queen Street store and the online store only,” it said. “Smith & Caughey’s Newmarket will close, most likely at the end of September...

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