T&T’s American Stores begins regional expansion with Guyana branches

The American Stores on Regent and Cummings streets is expected to open on November 29.

Trinidad-based American Stores Ltd will begin its regional expansion with the opening of two furniture stores in the city in two weeks alongside plans to offer commercial services in four other key locations across the country.

“The American Stores Ltd is coming to the Guyanese market subsequent to careful research and coupled with the development of the Guyanese economy,” Manager of the Guyanese branches Austill Ogle said yesterday at a press conference at the Pegasus Hotel, at Kingston, Georgetown.

According to another official, Jared Hamilton, the stores will be located on Regent and Cummings streets, and 3132 D’Urban Street. He stated that the company also expects to commence commercial services in Linden, Corriverton, Bartica and on the East Bank of Demerara within six months of the opening of its Georgetown locations.  No disclosure was made of the scale of the investment.

The American Stores on Regent and Cummings streets is expected to open on November 29.
The American Stores on Regent and Cummings streets is expected to open on November 29.

So far, the company has employed over 20 persons to work at the Regent Street location along with experienced Trinidadian staffers who will aid training and development. In a press statement, the company noted that the local staffers will be sent to Trinidad and Tobago for further training and “firsthand” experience of the company’s operations there.

“The American Store is delighted to bring our special brand of quality and service to the people of Guyana. We look forward to the company evolving locally from its strong retail chain to include furniture manufacturing in the Guyana sector, with a long term view of supplying all of its stores, thereby creating varied employment opportunities for the local community,” the statement said.

The statement added that the directors of the company had made the decision to expand the Trinidadian chain regionally. They had agreed to select Guyana as the first country for its regional company chain.

The company, known as “the peoples’ store” because it is said to provide affordable furniture and general household goods, is a family-owned furnishing business which has been serving Trinidad and Tobago since 1950. The company started, with the founder Shaikh Hosein buying furniture from Americans in the Second World War. The Americans, who were leaving the small island, sold their furniture to Hosein. “The American Store Limited looks forward to meeting and serving the local population,” the statement said.

Currently there are 13 branch stores in Trinidad and Tobago.

The company promised the lowest and affordable prices. “We are prepared to making quality living affordable by providing quality products at competitive prices, fostering partnerships with local manufacturers, and stakeholders to generate employment opportunities. This venture will satisfy local expansion,” Ogle said, while noting that the company’s low prices would differentiate it from other companies. He added that the store will offer customers the opportunity to purchase by cash or hire purchase.

American Stores Limited officials: (from left) Jared Hamilton, New Business Development Manager; Pauline Hamilton, Company consultant and Austill Ogle, Guyana Branch Company Manager.
American Stores Limited officials: (from left) Jared Hamilton, New Business Development Manager; Pauline Hamilton, Company consultant and Austill Ogle, Guyana Branch Company Manager.

The company, he said, will make an authentic contribution to Guyana’s economy and stimulate the expansion of local manufacturing companies and other private sector enterprises.

The American Stores Ltd will start operations on November 29 at its Regent Street and D’Urban Street locations.

There will be a three-day launch of the company on the Guyanese market, which will include live entertainment, with performances from both Guyanese and Trinidadian artistes. Among the Trinidadian performers will be Ravi B, Nisha B and Gregory. The first day launch will include prize drawings, followed by a Spin-to-Win competition on November 30. The launch will close off with the start of the company’s Christmas campaign.

 

Comments  

Quarter-final curse fells Nadal again as Cilic advances

MELBOURNE,  (Reuters) – Rafa Nadal’s Australian Open quarter-final curse struck again on Tuesday, an injury forcing the top seed to retire in the fifth set against Croatia’s Marin Cilic.

Hundreds more sugar workers to be laid off

Several hundred more sugar workers are expected to be laid off from the Skeldon, Rose Hall, and East Demerara estates by next month and the Guyana Agricultural and General Workers Union (GAWU) yesterday urged that the decision be reviewed.

Order signed for setting up of telecoms agency

The commencement order establishing the Telecommunications Agency was signed last Friday, in anticipation of the liberalisation of the telecoms sector, Minister of Public Tele-communications Cathy Hughes announced yesterday.

Soesdyke woman gets 4 years, $14M fine over cocaine in ceiling

Nickela Craig-Singh, the woman who was arrested last Friday after the Customs Anti-Narcotic Unit (CANU) found over 10 pounds of cocaine in the ceiling of her Soesdyke home, was yesterday sentenced to four years in prison and fined over $14 million after pleading guilty to possession of the drug.

Public Information Director regrets Facebook criticism of Indian descent conference

Almost two weeks after he made a Facebook post in which he questioned whether the Indian High Commission was interfering in Guyana’s internal affairs, Director of Public Information Imran Khan yesterday said that he regretted the “furore” his post created and admitted that it should have benefitted from “greater elegance or not have been made”.

Your browser is out-of-date!

Update your browser to view this website correctly.

We built stabroeknews.com using new technology. This makes our website faster, more feature rich and easier to use for 95% of our readers.
Unfortunately, your browser does not support some of these technologies. Click the button below and choose a modern browser to receive our intended user experience.

Update my browser now

×