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Article: PRICESMART BUY-OUT.(Of Barbados store)(Brief Article)
- Article from:
- Caribbean Update
- Article date:
- August 1, 2002
CopyrightCOPYRIGHT 2002 Caribbean Update, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Two of Barbados' leading corporate names are surrendering their stake in U.S. warehouse giant PriceSmart, reports The Barbados Advocate (June 6, 2002). In a surprise development, the paper learned the membership club was buying out Barbados Shipping & Trading Co. Ltd (BS&T) and Fairways Development's joint 49% share of the operating company less than a year after PriceSmart's sole outlet was opened here. PriceSmart's move to become 100% U.S. ...
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