7.5m Robin Hood 2 a'done deal'

Fri, Sep 10th 2010, 08:00 PM

ByScott Armstrong
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
A$7.5 million plan to create Robin Hood's second store to serve the east of New Providence is a"done deal"with Sandy Schaefer closing on the purchase of the former Pepsi factory.
Schaefer, president and owner of the popular discount supermarket, revealed toThe Nassau Guardianthat he had signed on the dotted line-picking up the factory for$2.5 million, nearly$3 million cheaper than its listed price.
Now workmen are already on site at the Prince Charles Drive project with the 50,000 sq ft'Robin Hood 2'expected to open its doors inâ November, creating
around 100 jobs.
And Schaefer revea ...

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