Eddy Abed News Today

Although a shipping delay in the Caribbean has impacted businesses, some major retailers in Bridgetown say they are prepared for the expected demand this Yuletide season. Managing director of Abed’s, Eddy Abed, was one who gave that outlook yesterday as retailers opened their doors forSunday business. “We’ve had some issues this year with congestion in both Trinidad and Jamaica, which are the main hubs in the Caribbean for moving trade, …

The Fair Trading Commission (FTC) is awaiting a report with full details from the Barbados Light and Power Company (BLPC) about the island-wide power outage on Tuesday. Chief Executive Officer (CEO) Dr Marsha Atherley-Ikechi said on Thursday that the utility regulator already received a preliminary report from the BLPC for its consideration, as required. However, in keeping with regulations, the full

By Shamar Blunt Managing Director of Abed’s, Eddy Abed, wants to see more being done by government and other stakeholders to stabilise the island’s energy grid in order to minimise future island-wide blackouts. The businessman said despite assurances from the Barbados Light & Power Company (BL&P) over the last few years that the island’s electricity grid was being strengthened, blackouts have unfortunately

Scores of Barbadians took to The City on Wednesday to take advantage of the deals offered by the second VAT-free holiday ahead of the Christmas weekend. Businesses reported positive feedback from the public, with most seeing increased patronage as soon as operations began and stores opened. At Bridgetown Duty Free on Broad Street, Operations Manager Stacey Wharton, said that the day had been “extremely busy” from the beginning, with crowds …

Manufacturers and retailers of school uniforms have assured parents that the clothing they are awaiting to have their children outfitted for the new term will be here in a matter of days, and there is no need to panic.The assurance on Thursday came amid reports that customers had been making unrealistic demands of businesses and even verbally abusing staff over the unavailability of uniforms for next Monday’s start of school.Welcoming the Ministry of Education’s decision to relax the dress c...

While the streets of Bridgetown replicated the customary hustle and bustle associated with last-minute Christmas Eve shopping, retailers told a different story. Sole Addiction's owner, Nancy Noumeh told Loop News she was resigned to her fate, afte

Bridgetown’s glimmer of hope Article by June 4, 2021 A prominent Bridgetown businessman is still holding out hope for a revival of The City even as more enterprises abandon the island’s capital. With hardly a tourist in sight, fewer shoppers with the kind of disposable income who can be enticed into spending and owners continuing to shut shop, Eddy Abed, former president of the Barbados Chamber of Commerce & Industry (BCCI), admits the situation is bad. However, the owne...

Get the Apps Home / Top Featured Article / Once prime real estate being put up for sale as City becomes unattractive to some commercial activity Once prime real estate being put up for sale as City becomes unattractive to some commercial activity Article by March 5, 2021 The dwindling appeal of Barbados’ capital city is being blamed for ongoing attempts to sell numerous pieces of prime Bridgetown real estate at prices well below their previous market value. Barbados TODA...

Former president of the Barbados Chamber of Commerce and Industry, Eddy Abed, is warning that an extended lockdown could further cripple the private sector, particularly those in retail and distribution. “It is not a surprise to most of us in the private sector that we’re being warned now that there could be a Plan B if the [COVID-19] numbers don’t fall into line. Whether that is a pre-subscribed ratio that …

Food and pharmaceuticals top sales Article by February 3, 2021 Hours before the start of the lockdown aimed at containing the spread of COVID-19 on the island, many headed to supermarkets while a few made their way to Bridgetown to make last-minute purchases. Several store owners reported getting “a few sales” as shoppers flocked mainly to grocery stores buying only what they needed at this time given the uncertainty of the coming weeks. Mark Clarke, Location Manager of ...