Smiths City administrators reopen stores for mass liquidation sale

Smiths City administrators reopen stores for mass liquidation sale
Smiths City opened in Whangārei in 2017. (Image: Michael Cunningham)
Staff reporters
The administrators of struggling retailer Smiths City are reopening eight stores and holding a massive liquidation sale to clear stock.The Christchurch and Auckland stores reopened on Friday afternoon, while stores elsewhere, aside from Dunedin, will reopen from Saturday.BDO Christchurch insolvency practitioners Colin Gower and Diana Matchett were appointed as administrators of the company by its director, Colin Neal, on Tuesday.Neal acquired the business and most of its stores in 2020 for $60 million.Everything must goIn an update on Frid...

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