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flag Twelve Auckland Asian-owned stores closed in liquidation, owing millions, sparking business stability concerns.

flag Twelve Asian-owned supermarkets and retailers in Auckland have entered liquidation, owing millions of dollars, according to a January 12, 2026, report. flag The closures mark a significant financial collapse within the city’s Asian retail sector, with the exact cause of the insolvency not yet disclosed. flag The developments have raised concerns about financial stability in the local business community.

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