Trinidadian conglomerate Neal & Massy is about to pump $70 million into its Barbados operations with the restructuring of Super Centre and Dacosta Mannings and the creation of two super stores.
The company, which acquired the century-old Barbados Shipping & Trading in a takeover in 2008, is about to transform its major retail operations.
The disclosure came yesterday from Thomas Pantin, group chairman of Neal & Massy’s Retail Line of Business as he addressed Dacosta Mannings Retail’s (DMR) launch of its new classic card. That card extends credit facilities not only at the furniture and appliance stores but also to Super Centre’s food and pharmaceutical outlets.
Pantin told guests at the card launch that Super Centre Warrens, St Michael, would be the first “super/combination store format” for the Neal & Massy Group in Barbados with more than 60 000 square feet of retail space. (GE)
