The Caribbean’s largest distributor of carnival supplies has closed its Barbados operations, leaving many in a quandary over next year’s Kadooment celebrations.
The DAILY NATION understands that the Trinidadian-owned Samaroo Ltd., which was located in Warrens for just under four years, officially shut shop on September 12, leaving three people unemployed. Efforts to reach managing director Steve Samaroo, who has returned to his homeland, proved unsuccessful. He is, however, said to be returning to Barbados next week.
A company source who spoke to the DAILY NATION on condition of anonymity, said the closure was strictly a “good business decision”. He added he could only speculate on the reasons for the folding up of the company, but noted it was no secret that for three consecutive years the business had lost money.
“Obviously people don’t close a business if it is making a profit. The man wasn’t running a charitable organisation. People go into business to make money,” he said.