National

Retail Grocers Given Another Extension

NASSAU, BAHAMAS – The week is ending without a resolution for grocery retailers in their negotiations with the government. They will now have another week to address the association’s concerns.

Published

2 years ago

October 21, 2022

Berthony McDermott

NASSAU, BAHAMAS – The week is ending without a resolution for grocery retailers in their negotiations with the government. They will now have another week to address the association’s concerns.

Grocery store operators given another extension to implement price control changes, according to Communications Director Latrae Rahming.

The government gave the association until today to return with a proposal, after strong pushback against the move to add 38 items to the price control list.

Earlier this week, Economic Affairs Minister Michael Halkitis said the meeting between the government and the association was fruitful.

Following the announcement by the prime minister, retailers warned of possible layoffs and store closures if the price margins were instituted as planned.