November 14, 2016
Gavin Watchorn
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AML shrugs off inflation, ‘out-of-stocks’ concerns
Excluding one-off Dorian gains, AML Foods generated a 3.8 percent net profit increase for its 2022 third quarter despite grappling with inflation and supply chain issues that produced “high levels of out-of-stock” products.
Solomon’s on the move with Lucaya grand opening
With a $1m remodel completed, Solomon’s Lucaya held a re-grand opening yesterday, and plans are proceeding to reopen by next March a second Solomon’s location in Downtown, Freeport, that will bring AML Foods’ total investment to over $5M in Grand Bahama.
AML’s Charles Saunders plan ready by early 2022
AML Foods will have “mapped out” plans to develop a new shopping centre off Charles Saunders Highway, anchored by its Solomon’s “neighbourhood” food store concept, by early 2022 at the latest.
AML Foods targets $12m sales at new Freeport site
AML Foods is targeting $12m in annual sales from its new Solomon’s Freeport location, its top executive revealed yesterday, despite it being two-thirds the size of its former Queen’s Highway site.
Exuma acquisition first step in AML’s $250m sales drive
AML Foods yesterday said its Exuma Markets acquisition kicks-off a key element in an expansion strategy that aims to drive group-wide sales to $250m by 2030.
BISX-listed group urged delay over customs system
A BISX-listed food retail group has revealed it pleaded with Customs to introduce its new electronic platform in January “to make the transition a little easier”, but its arguments were not listened to.Gavin Watchorn, AML Foods’ president and chief e
Cost Right lease's five-year extension for half the space
AML Foods has secured a five-year lease extension for 50 percent less space at its Town Centre Mall-based Cost Right store while it waits for the fate of its new location to be determined.Gavin Watchorn, the BISX-listed food group’s chief executive,
Solomon's return awaiting Lucayan, airport resolution
AML Foods yesterday pledged to re-open its still-closed Solomon’s Freeport store once the fate of the Grand Lucayan and the island’s international airport are positively resolved.Gavin Watchorn, the BISX-listed food retail group’s chief executive, to
Christmas meals for 5,000 families the target for AML Foods campaign
IT’S THE middle of November and for many, this month is typically the calm before the busy holiday season.
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