Lincraft closing its physical stores after 80 years

Lincraft closing its physical stores after 80 years

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Lincraft is closing its physical stores after 80 years in business, this includes the New Zealand stores in Thames, Taupō, Upper Hutt, Riccarton, Linwood, and Dunedin. The decision follows a prolonged period of challenging retail conditions, changing consumer behaviour, increased operating costs, and the competition from low cost international online competitors.

The closures will happen progressively in the coming months depending on each store’s lease arrangements.

The company will continue to operate via their online platform.

Source: 1News

17/06/26