By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
The full picture of City Market's 2010 has been reported as the company has published its annual unaudited figures, ending the year some$7.4 million in the red despite generating sales of just under$100 million.
The Nassau Guardianrevealed last week how Bahamas Supermarkets Limited had actually made an$80,000 profit in the final period of the financial year as it continues it fight to turnaround its losses and get back on top.
In the end the company, which employs some 700 staff, made a gross profit of$23.9 million but its operating and administrative expenses of$29.9 million dragged that into the n ...

Click here to read more at The Nassau Guardian