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Retail

Failed Smiths City owes creditors $25.7m
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Smiths City placed into voluntary administration, again

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Myer slashes value of brands by A$213m on integration pain

The write-down on brands such as Just Jeans, Jay Jays and Portmans sent Myer to a full-year loss, with its shares slumping 26% yesterday.

Lachlan Colquhoun Wed, 24 Sep 2025
Retail

Failed Smiths City owes creditors $25.7m

Owner Colin Neal says the more than a century-old brand looks set to disappear from the New Zealand retail landscape.

Fiona Rotherham Wed, 24 Sep 2025
Retail

Kitchen Things facility burgled after receivership announced

The company’s receivers confirmed a break-in occurred and the police are investigating.

Nicholas Pointon Mon, 22 Sep 2025
Retail
4

Warehouse ‘reshapes’ product offering to compete with Ikea

Prime Minister Christopher Luxon says Kiwi retailers may need to sharpen up as the Swedish retailer gets ready to open in December.

Kate McVicar Thu, 04 Sep 2025
Retail

Aus fashion brand granted freezing order against Kiwi distributor

The distributor had accumulated a debt of nearly $500,000 to Mink Pink.

Kate McVicar Wed, 03 Sep 2025
Retail
7

Smiths City placed into voluntary administration, again

The company was previously in receivership in 1991 and 2020, when it was acquired by Colin Neal’s Polar Capital and delisted.

Kate McVicar Tue, 02 Sep 2025
Investment

Michael Hill pauses Bevilles expansion

The boss of the listed retailer also described Victoria as the ‘most disruptive’ Australian market for retailers.

Kate McVicar Mon, 25 Aug 2025
Retail

ComCom warns Kmart over greenwashing

The retailer has been accused of potentially breaching the Fair Trading Act and making unsubstantiated advertising claims.

Kate McVicar Thu, 14 Aug 2025
Retail
7

Empty shops and stubborn landlords: A retail standoff

Retailers and property owners appear to be locked in a stalemate as the sector tries to put the pandemic behind it.

Kate McVicar Fri, 01 Aug 2025
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Primary Industries
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MyFarm’s Rockit apple fund tipped into voluntary administration

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General Business
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