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Xmas ‘financial cushion’ vital for Bahamian retail

The “make or break” Christmas shopping season will this year be vital for Bahamian merchants to “build a financial cushion” against forecast economic headwinds in 2023, a well-known retailer warned yesterday.

CBS sees 41% Black Friday sales increase

CBS Bahamas yesterday said Black Friday sales increased by 41 percent compared to pre-pandemic 2019 as Bahamians moved to beat supply chain backlogs through acquiring Christmas gifts early.

Christmas is back

The Bahamas has been on a rough economic, mental and societal roller coaster over the past several years. First we had assorted storms and hurricanes, Dorian being the most destructive in many years.

This year’s Black Friday successful for local businesses

LOCAL businesses said Black Friday was successful this year as customers dashed to the stores to catch the sales. The Tribune canvassed several businesses on Black Friday, which was on November 25.

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Concern over lack of Family Island teachers

EDUCATION Minister Glenys Hanna Martin said her ministry is seriously concerned about the increasing number of teachers who are opting not to be transferred to the Family Islands amid a shortage of specialty educators on those islands.

Salvation Army in Sand Dollar boost

The Salvation Army yesterday announced that it will be accepting Christmas donations via the Sand Dollar, the Bahamian digital currency, with help from Omni Financial Group.

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BISX-listed fund targets asset-doubling to $100m

A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.

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Courtesy visit to Resilience Centre

ANN Marie Davis recently paid a courtesy call at the Bahamas Resilience Centre in Freeport and was impressed with the programmes offered to address and promote mental health wellness.

Businesses expecting no decrease in sales for Black Friday this year

LOCAL businesses do not anticipate a decrease in sales this Black Friday, despite the rise in inflation and other recent financial challenges faced by consumers.

Food costs driving prices up for Thanksgiving meals

SOME local restaurant owners say inflation and the high cost of food in grocery stores have led them to increase prices of their Thanksgiving meals.

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‘Be careful’ urge police after new road deaths

POLICE are warning people to be careful on the streets after two more traffic deaths occurred on Sunday — one in Eleuthera and another in New Providence that left a man and a woman dead.

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WORLD VIEW: Fearless fight for climate fairness

SHOWING all the frankness that he demonstrates in his domestic politics, Antigua and Barbuda’s Prime Minister, Gaston Browne, marched fearlessly like Daniel in the Lion’s Den, when he made several demands in Sharm El-Sheikh, Egypt where COP 27 is being held.

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Vendors voice disappointment after Grand Lucyan sale falls through

STRUGGLING straw vendors at Port Lucaya Marketplace are disappointed over the Grand Lucayan hotel sale fallout.

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Man bailed on charges of theft and escape

A MAN was granted bail in Magistrate’s Court yesterday on theft and escape charges.

The madness of shrinkflation

I got one of the most significant shocks of my life when I saw a young lady holding a baby standing next to me in a food store aisle, unzip her bag and politely drop two jars of baby food in it, and calmly zip it back up. Then she moved further down the aisle and repeated the same thing with other items.

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Harbour woes ‘threaten life, immense damage’

Nassau’s main commercial shipping port is renewing warnings that failure to repair the harbour’s western breakwater could “result in immense damage to, and threaten life”, in the city centre.

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Two year prison sentence for shop breaking

A MAN was sentenced to two years in prison yesterday after admitting to shop-breaking to fund his cocaine addiction.

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Pair admit shop breaking, stealing

TWO men admitted to breaking into a convenience store to steal cash and a cellphone.

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Business destroyed by Dorian is ruined again by Nicole

MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.

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INSIGHT: Fyre, FTX and the harm to our nation

A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.