144-year-old Auckland department store Smith & Caughey's considers downsizing plan, closing Broadway Newmarket, reducing Queen St store size, focusing on popular goods, online shopping, and cutting jobs.
144-year-old Auckland department store Smith & Caughey's, initially set to close in 2025, is considering a downsizing plan instead. The new plan includes closing the Broadway Newmarket store, reducing the Queen St store size, focusing on popular goods, and online shopping, while likely cutting jobs. Chairperson Tony Caughey aims to finalize this option with staff consultations by next week.
July 30, 2024
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