Search results for : supermarkets
August 24, 2011
Supermarkets struggle with surge in 'hurricane business'
Preparations for Hurricane Irene had the command center of the Super Value grocery store chain buzzing yesterday, as managers radioed in updates on everything from supply levels to power outages.
"[Store] number eight is running on generator," sputtered a radio in the background, followed by notice of number three, number five, then number two going to generator. On it went as the chain's fo...
Why supermarket stocks are getting squeezed
January 16, 2011
Why supermarket stocks are getting squeezed
By DAVID K RANDALL
AP Business Writer
NEW YORK (AP) -- Orange juice isn't the only thing at your supermarket that's been squeezed.
Rising food prices mean grocery store chains must absorb extra costs on items like meat, seafood, and produce, or they try to pass them along to customers But many of those consumers are unemployed or have less money to spend, even on essentials. For now, the big ch...
Bahamas Supermarkets sale pending
October 29, 2010
Bahamas Supermarkets sale pending
Troubled grocery chain Bahamas Supermarkets Limited (BSL) will see 78 percent of its shares sold to Associated Grocers of The Bahamas Limited (AGBL), with a memorandum of understanding signed between the two companies recently, executives confirm.
If all goes according to plan, the transaction will close either on or before November 5 - pending regulatory approval and due diligence - a company sta...
Supermarkets say eggs not affected by recall in US
August 19, 2010
Supermarkets say eggs not affected by recall in US
By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@
tribunemedia.net
THE country's two largest supermarket chains say their products are not affected by the widespread egg recall in the United States.
However, Charmaine Price, assistant director of the Ministry of Agriculture's food safety unit, said she was not aware of the recall and could not say if her counterparts in the US had contacte...
March 28, 2024
Mistaken suspect tells of panic as he tried to drink sewer water in cell
A MAN who was arrested - but then released - after an armed robbery of Quality Supermarkets on Tuesday claimed officers humiliated him, and he felt forced to drink sewer water to stay hydrated after suffering a panic attack while in custody.
Assistant Manager: We're Still Shaken Up
March 26, 2024
Assistant Manager: We're Still Shaken Up
NASSAU, BAHAMAS - Just days before one of the biggest grocery shopping weekends of the year, a popular supermarket was held up by a gun-wielding armed robber.
Robin Hood pays employees before creditors
February 02, 2012
Robin Hood pays employees before creditors
Robin Hood officially closed its doors yesterday as the supermarket's management crunches the numbers to ensure the 70 employees are properly compensated for their services.
City Meat losing 25-30 of sales
May 04, 2011
City Meat losing 25-30 of sales
By NEIL HARTNELL
Tribune Business Editor
City Markets is missing out on 25-30 per cent of potential sales by failing to carry all the products consumers are seeking, its majority owner yesterday asserting: "Once we get inventory management right, I'm sure this company will exceed $100 million in sales."
Mark Finlayson, who through his family's Trans-Island Traders investment vehicle acquired th...
City Markets 'six months' from profit
May 04, 2011
City Markets 'six months' from profit
By NEIL HARTNELL
Tribune Business Editor
City Markets is a "conservative" six months away from returning to profitability, its chief financial officer said yesterday, largely attributing its more than $5 million 'net loss before extraordinary items' in the fiscal 2011 third quarter to "cleaning up the books".
Philip Kemp told Tribune Business that the nine-store supermarket chain was "pretty cl...
December 12, 2023
Deltec Foundation awards $10k, mentorship to Blue Water Organic Farms
NASSAU, BAHAMAS — Michael Johnson became the first Family Island-based winner of the Deltec Young Entrepreneurs Award, which comes with a $10,000 investment in his aquaponic shrimp farm in Grand Bahama. "I would've been surprised if my name wasn't called," Johnson said after DIYE chairman, Robert Turnquest announced him as the winner. Johnson, along with [...]
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