• Today
    August 25

  • 08:35 AM

Economy major Cost-U-Less worry

SHAWN CUMBERBATCH, shawncumberbatch@nationnews.com

Added 09 September 2018


Cost-U-Less' Welches, St Thomas store. (FILE)

Warehouse retailer Cost-U-Less is feeling the pinch from Barbados’ economic recession and increased competition.

The Welches, St Thomas store, owned by Canada’s The North West Company, was criticised after receiving generous concessions from the last administration, and it has been embroiled in a labour dispute with the Barbados Workers’ Union.

However, based on concerns raised by the head of its parent company, Barbados’ current economic woes are a greater worry for the company operating here for more than five years.

Speaking in a conference call from Road Town, British Virgin Islands (BVI) on Thursday, North West Company president and chief executive officer Edward Kennedy said Barbados was “disappointing” for the company during its last financial quarter. (SC)

Subscribe now to our eNATION edition.

For the latest stories and breaking news updates download the Nationnews apps for iOS and Android.


Dos and Donts

Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus


Do you believe the Rock Hall squatters should be entitled to a $25 000 grant or a loan to move out of the area?