Stores offer payment plans

Some of the island’s leading department stores and retailers have stepped up their strategies to attract struggling shoppers.
From offering longer payment terms on hire purchases to forming partnerships with other retail stores, and in some cases slashing instalments, store owners admitted that they were trying their best to assist potential customers.
Trisha Tannis, managing director of Unicomer (Barbados) Ltd, trading as Courts, said that company was showing “a very high level of sensitivity” to customers by offering “flexible hire purchase plans”.
Meanwhile, Eddie Abed, owner of the local retail and wholesale company Abed’s, said his company was, especially in the current economic climate, paying special attention to “giving back to the community”.