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Smiths City Finance was sold to Pioneer Finance in 2024 so you should be unaffected.
DjShadow:
Any idea what happens with Smiths City finance? I’m still paying off our lounge suite with them and half expecting a request from them to pay it off early
I believe finance continues as normal. Last year they sold the finance business off and it's run by https://easycard.co.nz/
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DjShadow: Any idea what happens with Smiths City finance?
In the past it was owned by Smiths City (running on their AS400 platform) but these days it's owned by Pioneer Finance so the name may just drop and the debt transferred.
Michael Murphy | https://murfy.nz
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Opinions are my own and not the views of my employer.
https://www.stuff.co.nz/nz-news/360842748/smiths-city-placed-liquidation-creditors-owed-least-25m
Looks like it's all over, as Smiths City moves from voluntary administration into liquidation. All the shops (bar one) are now closed.
Looks like the Easy Card side of Smiths City is going to live on, Pioneer Finance e-mailed today to say it has got it working at Van Dyks (central Waikato store?) and going to add more retailers so guessing it’ll just become another Gem, Q Card, etc
https://www.stuff.co.nz/nz-news/360959062/smiths-city-owner-bankrupted-facing-more-1m-debts
When the company was in its heyday, Colin Ashley Neal signed a personal guarantee over a lease at The Railyard retail complex in Hornby, Christchurch.
But after Smiths City went under, its stores ceased trading and it vacated the Hornby premises owned by Tower Rail Precinct Ltd.
Personally responsible for the lease, Neal incurred more than $1m in debt owed to unpaid rent and the cost of restoring the premises.
I was a bit surprised reading this - I thought Smiths City actually owned a number of their sites? I didn't realise so many were leased.
Like Lazarus, the Smiths City brand is being resurrected.
Maybe it's me...
But maybe we should let this one go guys...
Ramblings from a mysterious lady who's into tech. Warning I may often create zingers.
Why? It's relaunching and the chain had its fans in this thread, I thought people may like to know.
I really liked smiths city, there is not much competition now for funiture in welly Harvey’s, big save and hunter/lazy boy . Brought a lot of Coastwood lounge and bedroom funiture through them as well as prams and cots back in the day . I hope they really succeed this time
Looks like Smiths City is back from the dead! https://smithscity.co.nz/
Michael Murphy | https://murfy.nz
Referral Links: Quic Broadband (use R122101E7CV7Q for free setup) | Starlink
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Opinions are my own and not the views of my employer.
Just checked a few prices and can buy much cheaper elsewhere.
k1w1k1d:
Just checked a few prices and can buy much cheaper elsewhere.
Maybe everything shouldn't be a race to the bottom?
I agree, but unfortunately that seems to be the way things happen now days.
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