Search results for : supervalue
Finlayson attacks distributors for City Market demise
The head of City Market has blamed a group of local distributors for the demise of the supermarket chain.
Mark Finlayson, president of parent company Bahamas Supermarkets Limited (BSL), noted that a number of factors, including overwhelming debt levels and a tarnished brand, played their part in the supermarket chain's failure.
However, Finlayson told Guardian Business the biggest factor in the ch...
AML chairman says City Market demise 'inevitable'
AML chairman says City Market demise 'inevitable'
The City Market food store chain has been on a downward spiral for many years, and its demise appears inevitable, according to Dionisio D'Aguilar, chairman of AML Foods.
Bahamian Leading Ladies Rip the Runway in Red Gowns
Bahamian Leading Ladies Rip the Runway in Red Gowns
Bahamian Leading Ladies Rip the Runway in Red Gowns
The Inaugural Red Dress Soiree Wows Hundreds, Raises Thousands for
Bahamas AIDS Foundation
Hundreds filed into the Sheraton Nassau Beach Resort Ballroom for the Inaugural Red Dress Soiree held on March 3, 2012, which raised thousands for the Bahamas AIDS Foundation and their work with adolescents affected by and infected with HIV AIDS.
Businesses impacted by road works not impressed with PM's offer
The Coconut Grove Business League (CGBL), which lost its bid for compensation from the government following the negative impact of road works on a number of businesses, charged that the government's recent revelation that it would compensate affected business owners is all a part of a "political game" that the group is not interested in playing.
Despite the reported hardships that many businesses...
AML CHAIR: THREE FOOD RETAIL PLAYERS LIKELY TO SURVIVE
By NEIL HARTNELL
Tribune Business Editor
THE BAHAMIAN food retail market will ultimately be dominated by just three major players, AML Foods' chairman telling Tribune Business in the wake of Robin Hood's demise that consolidation was "inevitable".
Dionisio D'Aguilar said the surviving "components" would be Supervalue, AML Foods with its Solomon's SuperCentre and Cost Right formats, and the neig...
Birch: Possibilities For Western Frontier
Birch: Possibilities For Western Frontier
The lack of big commercial development among an explosion of residential communities could mean Old Fort Bay Town Centre will thrive as it prepares to open a variety of stores and offices.
Dengue fears driving insect repellant sales
Dengue fears driving insect repellant sales
The outbreak of dengue fever in New Providence is driving the sale of the popular insect repellant OFF!.
One consumer said in an interview that she went to two stores before being able to get the item.
"I went to the smaller stores in the Carmichael area - the Chinese stores," Margaret Beneby said.
"They were both out. Their stocks were not probably major to begin with, but I was told that O...
Self Starter Launch Shows Youth Grants Encourage Success
The company that bills itself as the first 100% Bahamian-owned company road and car park marking specialist, was started last year with the help of a Ministry of Youth Self Starter Program grant. Bahamas Striping president, Atario Mitchell, 24, was born in Abaco and received his first striping experience in Freeport under his uncle Cai Miller who once performed all the road and car park marking fo...
Why supermarket stocks are getting squeezed
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...
Consumers told to brace for price rises
Consumers told to brace for price rises
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
As Florida farmers continued to count the cost of the lowest temperatures in the state since the 1960s, wholesalers and retailers yesterday warned Bahamian consumers to be prepared for potential spikes in produce prices in the coming weeks.
Meanwhile, major local wholesaler, Bahamas Food Services, suggested any destruction of crops in Flo...