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Kirkcaldie & Stains’ unprofitable streak continues as it posts half-year loss

  • News
  • April 29, 2015
  • Elly Strang
Kirkcaldie & Stains’ unprofitable streak continues as it posts half-year loss
Kirkcaldie & Stains

Wellington department store Kirkcaldie & Stains posted an after tax loss of $501,000 in the six months ended February 28. The results aren’t promising for the troubled retailer, which is still deciding on a permanent CEO and recently had to sell one of its buildings to pay off $23.5 million in bank debt.

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