Chair Tony Caughey says the reality is fewer people shop in the city and they must adapt. "There'll be different ways of doing things - and I think it will evolve.

The Newmarket store will also close earlier than expected - at the end of September. Chairperson Tony Caughey said a path forward had been found, albeit on a "scaled back footprint".

Smith & Caughey’s stores in Queen St and Newmarket have been running at a loss, with a 40 per cent drop in revenue in the past five years, chairman Tony Caughey told the NZ Herald in an ...

Smith and Caughey's chairman Tony Caughey in the flagship Queen St store in Auckland. The initial proposal, presented to the company’s almost 250 staff in late May, was for Smith & Caughey’s ...

Chair Tony Caughey says they tried to find a way through the rough patch two years ago - but there was no solution. "We really turned over every stone we could find to see if we could see a way ...

Chairman of Smith & Caughey’s, Tony Caughey, speaks to the Herald about the announcement of proposal of the closure of Smith & Caughey's. Video / Ben Dickens Smith & Caughey’s has been saved ...

Smith & Caughey's chair Tony Caughey at the flagship Queen St store in Auckland. “They have been openly engaged throughout the consultation process which we’ve operated in good faith,” said ...

Tony Caughey, chairman of Auckland department store Smith and Caughey, has also been appointed as an adviser, the bank said.

Chair Tony Caughey told Mike Hosking that it won’t be the scale it was before and it won’t be the same sort of retail operation, but they think they can make a go of it.

Tony Caughey reflects on Smith & Caughey's closing Chairman of Smith & Caughey’s, Tony Caughey, speaks to the Herald about the announcement of proposal of the closure of Smith & Caughey's.