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Derrimon pumping over $500 million in May Pen supermarket


Loop News
- Updated
Derrimon Trading s Chairman and CEO Derrick Cotterell said May Pen residents desire a comfortable and convenient shopping experience.
Derrimon Trading has begun construction of a new supermarket at the Millennium Mall in May Pen, Clarendon. 
Chairman and CEO Derrick Cotterell said the company is investing over $500 million in the supermarket, which will operate under the Select Grocers brand. 
The development is expected to be completed by year-end (fourth quarter 2020), Cotterell told 
Loop News, adding that May Pen residents desire a comfortable shopping experience. 
The food distributor Derrimon Trading Limited is also reporting a 62 per cent increase in net profits for the three months ended March 31, 2021, up from the $61.79 million earned in the corresponding quarter of 2020.  ....

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