EDITOR, The Tribune.
I HAVE to reply to Dick Coulson’s open letter. To Mike Maura, Chamber of Commerce.
Super Value Food Stores do have public shareholders - they are a very few but there are some.
AML are a full fledged Public Listed Company.
Which supermarkets does Mr Coulson, who usually is a good red, does he wish to go public? The Chinese outlets?
Clearly you don’t understand the market - ‘00’s of residents use the internet to stop where the likes of a Walmart have zero Bahamas overheads - why would Best Buy - Walmart plus any of the US Discount operations even those operating now in the Caribbean would ever wish or think about setting up in Nassau?
Not advocating a ban but honestly why would a Walmart want to pay VAT - Business Licence - have all the troubles the local retailer has plus all the red tape business has to fight daily - our unacceptable cost of electricity - the high level of tiering to say a few things when they can sell and ship to The Bahamas anytime?
PAM SMITH
Nassau,
February 26, 2018.
Comments
rawbahamian 6 years, 9 months ago
You forgot paying off all of the greedy government officials and also the cost of replacing stock that the sticky fingered Bahamian staff steal weekly then of course the weekly breakins and the yoyo electricity supply !!!
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