Search results for : retailers
Retailers federation lashes out as filing deadline looms
A private sector organization yesterday lashed out over the "exorbitant" administrative costs and logistical troubles of applying value-added tax (VAT) inclusive pricing as the deadline for retailers to provide the pricing on all goods rapidly approaches.
BTC Makes Retail History with iPhone Packages
BTC Makes Retail History with iPhone Packages
Complete bundles of voice, data and text now available with the purchase of an iPhone
On October 8th, BTC made local retail history by offering customers Apple iPhones complete with an annual plan that includes voice, data and text. It is the first time the company is offering consumer postpaid bundles inclusive of minutes, text messages, MMS, data and a device with an annual contract.
BPRA: Petroleum retailers still face financial difficulties
Despite the government granting marginal increases on fuel margins in October, petroleum retailers are still experiencing major financial challenges, according to Oswald Moore, a representative for the Bahamas Petroleum Retailers Association (BPRA).
Food retail sector the'most competitive ever'
Food retail sector the'most competitive ever'
Food retail consolidation is "inevitable" given the over-supply of competing chains and stores, AML Foods' chief executive telling Tribune Business it was likely to happen first in Freeport, where 10 major players were chasing 40,000-50,000 customers.
Gavin Watchorn, who is also the BISX-listed food retail group's president, said acquisitions were the likeliest route for achieving consolidation...
Expect Gas Prices To Rise, Says Petroleum Retailer
Expect Gas Prices To Rise, Says Petroleum Retailer
NASSAU, BAHAMAS - As gas prices in New Providence hover just below six dollars, Vice President of the Petroleum Retailers Association Vasco Bastian says it's likely prices at the pumps will continue to rise.
'Irreconcilable differences' end Robin Hood deal
'Irreconcilable differences' end Robin Hood deal
Businessman Mark Finlayson last night announced he was withdrawing from the deal to acquire Robin Hood's food retail business, citing unspecified "irreconcilable differences".
In a short press statement issued late yesterday, Mr Finlayson said his family's investment vehicle, Trans-Island Traders, had "terminated" its bid to close the deal in principle they signed with Sandy Schaefer and his p...
Bar owner fined 5k for selling numbers without a license
A bar owner who sold numbers without a gaming license yesterday paid a $5,000 fine to avoid spending one year in prison.
COVID Vaccine Update
COVID Vaccine Update
Persons 50 years of age and over and restaurant and retail workers may begin making appointments to receive the COVID-19 vaccine, effective immediately.
Frustrated gas stations stop selling diesel for 12 hours
The economic threat of a day without gasoline being served at pumps throughout the Bahamas looms, as petroleum retailers today meet with the Government to ask for a rise in the fixed mark-up they are allowed to collect on a gallon of gas or diesel, given business conditions which some claim could put them out of business altogether if not addressed.
Providing evidence of their plight, the Margi...
It’s back to school and BTC continues to give back
It’s back to school and BTC continues to give back
As scores of children across the country are engaged in either a fully virtual or a hybrid form of education, BTC continues to support students in need with devices to access their classes...