Who Are the Local Partners in Cost-U-Less?
We do not charge membership fees and believe we can offer low prices to Barbados shoppers, just as we have in our most recent store opening in the Cayman Islands, which was also a partnership with local business people
It has been almost five years from the time of the announcement Cost U Less Maybe Coming To Barbados that it launched in Barbados. However, based on consumer feedback the wait has been in vain. It has been two months since launch and Barbadians continue to wait for the low prices promised. Before the coming of Cost-U-Less the Trinidadians, who now have a vice grip on our food retail and distribution channels, had promised Barbadian consumers the same, that is, we would benefit from economies of scale created by a larger T&T market.
Barbados now finds itself in a situation where we have a new entrant to an already competitive retail food sector. And it has not demonstrated any appreciable price differentiation in its offering. Sad to say the inevitable must follow. We created 200 jobs with the coming of Cost-U-Less but SuperCentre and DacostaMannings, owned by the Trinidadians, continue to send home employees.
It is unfortunate that Barbadians have not been made aware of who the local business people are in partnership with North West Company (Cost-U-Less). BU believes that if Barbadians were to be apprised of the names it would only serve as another opportunity to expose the hypocrisy, greed and naked opportunism which exist among people we hold in high regard.
The word making the rounds is that Leroy Parris, The Estate of the late David Thompson, Hartley Henry and Prime Minister Roosevelt Skerrit represent the local interest. These names will cause many to ask many questions.
Why didn’t the BLP address this issue on the general election campaign just completed?
Why is the estate of the late David Thompson taking forever to be probated?
What were the considerations which motivated Minister of Finance Chris Sinckler to approve such generous concessions to a forex taker in a depressed consumer market?
If Skerrit is so friendly with decision makers in Barbados why have we not been able to establish a bilateral trade agreement with Dominica which was promised when the 2008 Thompson government was ‘inaugurated’?
What can we say about the Kingmaker?
What low prices what!