City Meat losing 25-30 of sales

Wed, May 4th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

City Markets is missing out on 25-30 per cent of potential sales by failing to carry all the products consumers are seeking, its majority owner yesterday asserting: "Once we get inventory management right, I'm sure this company will exceed $100 million in sales."

Mark Finlayson, who through his family's Trans-Island Traders investment vehicle acquired the 78 per cent majority stake in Bahamas Supermarkets last November, pledged that by the time the company's 2012 financial year starts in June meeting all consumer needs in-store "won't be a problem".

He added that apart from improving City Markets' buying operation ...

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