AML Foods reverses its top line fall

Sun, Nov 21st 2010, 10:00 PM

By NEIL HARTNELL

Tribune Business Editor

AML Foods is "confident" that it will enjoy a good Christmas, the key sales period in the calendar of most retailers, its top man telling Tribune Business that over the last two to three months it has reversed a sales decline that began in its 2009-2010 third quarter.

Gavin Watchorn, the BISX-listed food retail group's president and chief executive, told Tribune Business that the company now had between 80-90 per cent of its Christmas inventory in the Bahamas, and was also on track to complete the addition of 5,000 square feet of shopping space at its Solomon's SuperCentre outlet in Freeport.

"We've had a pretty satisfactory ...

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