Smiths City chairman's damning judgment on state of company
The company has been thwarted in its ambitions by underinvestment and has lost touch with consumers.
Calida Stuart-Menteath Wed, 05 Sep 2018
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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