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Retailers outline 'end of one cent' concerns


ykemp@tribunemedia.net
The Bahamas Federation of Retailers yesterday voiced several concerns with the adjustments required by eliminating the one cent coin even though it hailed the move as a positive change .
Tara Morley, its co-president, detailed potential issues as The Bahamas gears up to cease using the coin as legal tender by year-end. In particular, she told Tribune Business there were concerns over the “return on uneven amounts” - something that merchants encounter on a fairly regular basis.
As an example, the Federation said that if a customer purchased several items costing a total of 42 cents via a cash transaction, the post-elimination rounding system rounds this down to 40 cents. ....

Tara Morley , Bahamas Federation Of Retailers , Central Bank , Bahamas Federation , Tribune Business , Cable Bahamas , தாரா மோர்லி , பஹாமாஸ் கூட்டமைப்பு ஆஃப் சில்லறை விற்பனையாளர்கள் , மைய வங்கி , பஹாமாஸ் கூட்டமைப்பு , ட்ரிப்யூன் வணிக , கேபிள் பஹாமாஸ் ,

Bahamians urged: 'Avoid the mad Christmas dash'


ykemp@tribunemedia.net
Bahamians were yesterday urged to “avoid the mad dash and start shopping early as more merchants join an initiative to drive increased Christmas purchases locally.
Alannah van Onselen, the ShopLocal initiative s director, told Tribune Business the effort was faring “really well” with the initial marketing campaign. She added: “We ve got good momentum going. We ve got now a total of 55 businesses who are members, which is great, and we are looking for more members.”
The ShopLocal initiative was launched last month by the Bahamas Federation of Retailers (BFR) and several corporate partners, including the Nassau Cruise Port and the Bahamas Light Industries Development Council, in a bid to encourage Bahamians to shop locally this holiday season and provide a badly-needed boost to merchants still struggling with the COVID-19 pandemic. ....

New Providence , Alannah Van Onselen , Bahamas Federation Of Retailers , Bahamas Light Industries Development Council , Tribune Business , Bahamas Federation , Nassau Cruise Port , புதியது ப்ராவிடெந்ஸ் , பஹாமாஸ் கூட்டமைப்பு ஆஃப் சில்லறை விற்பனையாளர்கள் , பஹாமாஸ் ஒளி தொழில்கள் வளர்ச்சி சபை , ட்ரிப்யூன் வணிக , பஹாமாஸ் கூட்டமைப்பு , ந்யாஸ்யாய கப்பல் போர்த் ,