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Retail

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"Retail sales plummet to a five-year low"

This January was the worst month for overall local sales in the past five years with just $74.9 million being spent on Island, a 5.9 percent reduction from the previous year. When inflation is taken into account retail sales contracted by 7.8 percen...
Mar 23, 2011
Other

"Retail sales lowest for six years"

Retail sales have fallen to their lowest level for six years, according to statistics released this afternoon. The Retail Sales Index, a key economic indicator used to assess the current performance of sales activity, for January showed that retail s...
Mar 22, 2011
Local Business

"AdVantage plans to launch discount coupon booklet in May"

AdVantage Ltd is doing its bit to help people save money in the current economic climate with the launch of a new discount coupon booklet. The product, called Clip n’ Save, will offer special discounts, sales, promotions, giveaways and coupons from r...
Mar 18, 2011
Opinion Writer

"Time for businesses to leverage social media to their advantage"

Many marketing departments are trying to figure out how to use social media services to their advantage while avoiding the obvious dangers to their brand. The first is easier to control, while the danger is unpredictable given the nature of social me...
Mar 02, 2011
Economy

"Retail sales fell 5% in 2010"

Retailers saw their sales fall by 3.2 percent in December - their most important month of the year - compared to 2009. After inflation was taken into account, retail sales volume fell 5.6 percent in the traditional peak shopping month, figures releas...
Feb 17, 2011
Other

"Retail sector has nowhere to go but up"

Kristi Grayston, chairwoman of retail for the Bermuda Chamber of Commerce, sees a modest improvement in consumer spending on the horizon. In the meantime, she said, this week’s upcoming Budget will be “highly significant” for the Island’s retail sect...
Feb 15, 2011
Other

"Entrepreneurs benefit from internet business"

Although statistics don't track how much Bermudians spend online, it's no secret that many consumers take their shopping there. Traditional retailers such as clothing and shoe stores may lose out, but small entrepreneurs such as jeweller Alexandra Mo...
Feb 15, 2011
Other

"Refunds and returns at shops leave many customers unhappy"

Retail continues to generate the most complaints from Bermuda consumers, with refunds and returns comprising 23 percent of objections for 2009. Case investigations by Consumer Affairs are dominated by the car industry: 64 percent of complaints involv...
Feb 08, 2011
Letters to the Editor

"Great shop service"

January 13, 2011 Dear Sir, Please allow me a few lines to tell you about an exceptionally run business here in Bermuda. I refer to Audio Visual Electronics located both in Hamilton and Mangrove Bay, Somerset. A few weeks ago I went into the Hamilton ...
Feb 01, 2011
Local Business

"RUBiS launches service station rewards scheme"

Motorists will be able to earn rewards while they fill up their tanks or shop in the store thanks to a new scheme launched by RUBiS Energy Bermuda. The RUBiS Rewards Programme, which goes live across all 12 of the company’s service stations on Tuesda...
Jan 27, 2011
Local Business

"Retailer estimates huge dip since 2006"

Retail sales are down by anything between one third and a half over the past four years during the month of December, a top retailer has estimated. Kristi Grayston, chairman of the retail division of the Bermuda Chamber of Commerce, reckons that sale...
Jan 25, 2011
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