Mar 2016 Financial News

Massy Stores opens in Guyana

Mar 25, 2016

On March 17, Massy Stores opened its first supermarket in Guyana. The regional supermarket chain, which currently operates 45 retail locations in T&T, Barbados, St Lucia and St Vincent, has now extended its offering into the Guyana market, its 46th location, to serve consumers.

Massy Stores Guyana is located in Amazonia Mall, East Bank, Demerara and offers the convenience of one-stop shopping within its 16,000 square feet of retail space, making it the largest supermarket in the country. The new location includes features such as high-quality fresh produce, chilled and frozen meat, prepared foods and a wide variety of local and foreign food and general merchandise items.

Additionally, the Massy Stores Supermarket offers a number of convenient, value-added services including a deli and bakery, butcher and fresh fish counters, an in-store pharmacy, ATM machines, MoneyGram and SurePay points of service.

The store’s international design, which incorporates wide aisles to comfortably accommodate shoppers, and automated in-store price checkers, is also complemented by extensive parking facilities to enhance the overall shopping experience.

“Massy Stores is truly excited about opening our doors in the Guyana market. We are a Caribbean chain and we believe that being in the Guyana market gives us an opportunity to be more authentically Caribbean, as we bring on board 120 Guyanese associates to create something new for this market. This is about bringing a new shopping experience to Guyanese consumers and sharing our best practises and best models across Caribbean territories,” said Thomas Pantin, senior vice president and executive chairman, Retail Line of Business, Massy Group.

“We have continued to incorporate best practises in the construction of our second store, already in progress, at the East Coast MovieTowne complex, which is scheduled to open in 2017,” he added.

Deo Persaud, country manager, Massy Guyana, added: “Massy has been operating in Guyana for the past 48 years and our model has been primarily business to business, as we have been operating in the industrial and LPG gases, automotive and industrial equipment, distribution, security services and IT industries locally.

Now, we are really moving into a new space, operating in retail and serving a wider customer base which is a new and exciting business for us. We also have the opportunity to work closely with local suppliers and local producers so that our consumers can find a wide variety of high-quality, local items in one location.”

Source:
Trinidad Guardian
Friday March 25, 2016

http://www.guardian.co.tt/business/2016-03-25/massy-stores-opens-guyana