Sand Dollar branded top retail digital currency globally

The Bahamas' first central bank digital currency (CBDC), the Sand Dollar, was listed as the top retail digital currency in the just released PwC Global CBDC Index. The Bahamas beat out world financial giants including China and Sweden to land at the top spot, with the Sand Dollar receiving a global retail index of 92. ...
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A 75-year retail institution becomes latest casualty of COVID-19

One of the oldest businesses in Downtown Nassau is preparing to close its doors permanently, after 75 years of providing some of the island's most exquisite and delicate homewares to the Bahamian public. Established in a pre-independence Bahamas in 1946, The Linen Shop has seen its share of turmoil - surviving through multiple recessions, changes ...
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Retailers encouraged by thousands of Bahamians shopping locally

With just one shopping day left until Christmas, retailers said they are encouraged by the thousands of Bahamians who have chosen to shop locally to support the Bahamian economy. The ShopLocal initiative was launched last month ahead of the Black Friday shopping period to encourage Bahamians to support local businesses. It was introduced as many ...
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Retailers: Look after economy and we have no issues with proclamation

RETAILERS say they have no issues with the new proclamation of emergency as long as Prime Minister Dr Hubert Minnis looks out for the best interests of business owners...

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Retailers federation launches Shop Local initiative

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Retailers 'beyond thrilled'?following PM's decision to?relax restrictions

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No Back to School bonanza for retailers amid pandemic

ONE retailer has estimated back-to-school sales have fallen by 75 percent compared with last year, however several people in the sector are hopeful business will pick up in the coming weeks...

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Retailers: Govt 'setting itself up for failure' over VAT

Retailers across the country accused the government yesterday of "setting itself up for failure" and leaving The Bahamas in a "precarious and dangerous" position by implementing value-added tax (VAT) without also moving ahead with greater duty reductions and other demanded reforms.
Suggesting that VAT "could have been a great reform" for the country, the Bahamas Federation of Retailers (BFR) expre...

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Statement on the operation of retail bakeries and hardware stores in New Providence

Statement on the operation of retail bakeries and hardware stores in New Providence...

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Second lockdown pushes clothing retailers to the end of their ropes

Two retail clothing chain stores said the second lockdown implemented earlier this week has pushed them from being in an already challenged position to the end of their ropes. Outlining the impact of the first national lockdown on his business, Adam Treco, managing director of Fine Threads, said if the economy doesn't open completely, allowing ...

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