November 24, 2010
By NEIL HARTNELL
Tribune Business Editor
ROBIN HOOD and other new market entrants have "upset the apple cart" to be the ultimate benefit of Bahamian consumers, its president and owner believes, telling Tribune Business that by sourcing 97-98 per cent of its product offering direct it has helped to drive its prices - and those of rival grocery chains - down.
Sandy Schaefer told this newspaper that the traditional grocery retail/wholesale model had been shaken up by the entrance of his business and the likes of Phil's Food Service into the market, adding that Robin Hood was looking to emulate the Wal-Mart model - securing relatively cheap land upon which to build large store space, and ...
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News date : 11/24/2010 Category : Tribune Stories