Smiths City chairman's damning judgment on state of company

Smiths City has been hamstrung by underinvestment and it will not be easy to correct this, its chairman says.

Chairman Alastair Kerr, speaking to shareholders at its annual meeting in Christchurch, admits the retailer’s performance is below par, in a tight trading environment.

“I have

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Calida Stuart-Menteath
Wed, 05 Sep 2018

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