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The Taylor Industries building on Shirley Street.

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Taylor’s creditors left high and dry

Kelly's Home Centre leads the Bahamian unsecured creditors who will receive nothing of the debts owed to them by Taylor Industries, its liquidator has revealed.

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BUSINESS BITES: Taylor Industries R.I.P. Aged 74

I guess I bought my first light-bulb over 30 years ago in the friendly store facing Shirley Street’s busy traffic flow. Convenient, with easy parking and never crowded, it continued to meet my occasional electrical needs, a local retail icon I never thought about— and which never changed.

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Taylor Industries insolvent by $1m

Taylor Industries is insolvent by $1m after racking up a combined $1.856m in losses during the four-and-a-half years prior to its January 8 closure, it has been revealed.

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Taylor Industries employees: ‘Customers knew more than us’

Former staff yesterday described Taylor Industries slide towards closure as “the most stressful thing we’ve been through”, adding: “The customers knew more about it than us.”

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Taylor Industries: Insolvency forces 40 staff redundancies

Taylor Industries’ principals say three years of losses, combined with a harsh economic climate featuring escalating cost and tax hikes, gave them no choice but to close and lay-off 40 staff.

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Taylor Industries closes after 74 years

Taylor Industries, the 74 year-old electrical retailer and contractor, was yesterday said to have ceased operating with its sole location completely locked down.


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