Last minute sales not enough, says Abed

Increased sales in the last ten days before Christmas was still not enough to change what was a dismal season for businesses, says head of the Barbados Chamber of Commerce and Industry (BCCI) Eddie Abed.

This morning Barbados TODAY witnessed shoppers in Bridgetown scurrying about to get last minute items before stores closed their doors just after midday.

However, Abed explained that even with this last minute influx the damage was already done from November and early December, when businesses would expect to ramp up vital last quarter sales.

“I can tell you as a matter of certainty that all businesses, retailers and wholesalers reported increased activity as of last week Friday. Today, like last week was extremely robust and I personally walked through Bridgetown and a couple of the stores and got a very good sense of people shopping and making last minute purchases. However, the fall off that preceded that for the month of November and the first three weeks of December could not be made up by the very strong last ten days before Christmas,” said Abed.

While the BCCI head did not specifically state that layoffs were on the horizon for 2018, he warned that more than likely businesses were going to be forced to cut cost in the new year, which “is anticipated to be even tougher than 2017”.

“It has been a difficult year and the fact that it was compounded by a very weak Christmas does not suggest that going into 2018 that the retail and distributive communities are going to be in a very good frame of mind. So, I can tell you that the next step from early January will be to discount goods that did not sell for Christmas and secondary to that would be trying to shed expenses. This has to be done to prepare for what is necessary in 2018 because most people will tell you that we do not expect a very good 2018,” Abed said.

“It was important that we had a strong close to 2017 and we did not get that. I don’t think that they are necessarily going to happen in the first two months, but I think you are going to see anything that has incurred costs being a cut. Anything that is considered incentive cost would be the first to go so you would see cutting in areas such as advertising and such like, ” he stressed.

82 Responses to Last minute sales not enough, says Abed

  1. Cuthbert Lucas
    Cuthbert Lucas December 24, 2017 at 4:02 pm

    Prices too dear.

    Reply
  2. Maville Giddings
    Maville Giddings December 24, 2017 at 4:04 pm

    Fxcker like wanna drapes too cheep else were

    Reply
  3. Sophia Branch
    Sophia Branch December 24, 2017 at 4:06 pm

    Give God thanks you can’t expect to get all town has many more stores everyone has to get

    Reply
  4. Cindy Bunting
    Cindy Bunting December 24, 2017 at 4:06 pm

    Oh dear!

    Reply
  5. Charming Forde
    Charming Forde December 24, 2017 at 4:13 pm

    He too blasted ungrateful and deceitful, ask him what he give his staff for slaving to make him richer for a whole year?

    Reply
    • Steve Iso
      Steve Iso'lene Yarde December 24, 2017 at 5:09 pm

      ha ha ha

      Reply
    • Jennifer December 24, 2017 at 5:19 pm

      Slaving is a good word. So what u think they should receive????

      Reply
  6. Deborah King
    Deborah King December 24, 2017 at 4:21 pm

    Never satisfied,give Almighty thanks and realise how Blessded you are,the more u got the more u want,not good.

    Reply
    • Shelly Anne Webb
      Shelly Anne Webb December 24, 2017 at 10:33 pm

      It is so true .an dont pay de staff good

      Reply
    • Deborah King
      Deborah King December 25, 2017 at 4:38 am

      It’s true,need packing back to his Arabian country,dam slave driver.

      Reply
  7. Lucy Narcisse Bowen
    Lucy Narcisse Bowen December 24, 2017 at 4:24 pm

    Well give the people the money so that they can shop

    Reply
  8. Stephen Mc Lean December 24, 2017 at 4:37 pm

    Limited options and high prices that’s what keep the people away. Bajans learning ‘cents’

    Too ungrateful

    Reply
  9. Dennis Taitt
    Dennis Taitt December 24, 2017 at 4:45 pm

    Give the people money Abed

    Reply
  10. Prince Shepherd
    Prince Shepherd December 24, 2017 at 4:52 pm

    Try and be contented you was eating fa donkey years

    Reply
  11. archy perch December 24, 2017 at 5:00 pm

    The posted picture on this site has you looking like a blown up Scottish Fold pussy that you are. You ass always complaining while sucking the blood out of the Bajans. The Abeds are a bunch of ungrateful SOBs who forget how the Democratic Labour Party helped them when they were struggling.

    Reply
    • Jennifer December 24, 2017 at 5:05 pm

      come on archy surely employing this people should count for a lot.

      Reply
  12. Derek December 24, 2017 at 5:24 pm

    He isn’t talking specifically about his business he is talking about businesses in general in his capacity as president of the Chamber of Commerce

    Reply
    • straight talk December 25, 2017 at 12:01 am

      Yes Derek you are right I can well when don’t read listen and follow what is happen in our country and stop being so partisan people like Mr Abed who is the president of the chamber of commerce speak the way he does because he is the President of an organisation that represents sales businesses.

      Reply
  13. Keisha Callender
    Keisha Callender December 24, 2017 at 5:39 pm

    I can’t stand greedy dogs like he …..ppl hardly got raincoat money and what they do have they going and making these ungrateful ppl richer

    Reply
  14. BossladyHoneyhole Rose
    BossladyHoneyhole Rose December 24, 2017 at 6:05 pm

    Well we’ll well what ah pity…. some ppl can’t even shop….smh

    Reply
  15. Ras Small
    Ras Small December 24, 2017 at 6:05 pm

    bubalicious and greedy fah more, de Almighty God gine strike U fah sure…. bubalicious and greedy fah All

    Reply
  16. Keith Forde
    Keith Forde December 24, 2017 at 6:17 pm

    EDDIE ABEDS SAYS THAT EVERY SINGLE YEAR….

    Reply
  17. Sherlene Phillips
    Sherlene Phillips December 24, 2017 at 6:34 pm

    Some people can do some crying…

    Reply
  18. Nickk Moore
    Nickk Moore December 24, 2017 at 7:14 pm

    Wuh more you want

    Reply
  19. Jerry December 24, 2017 at 7:21 pm

    Why would anyone want that job. Just look at all the nasty comments. Lay blame where it is most deserved. The people sucking the people’s pockets . Not only will next year be harder but if devaluation is forced on the Country study Jamaica and Guyana. The next 20 years will be hard.

    Reply
  20. Sabrina Brathwaite
    Sabrina Brathwaite December 24, 2017 at 7:26 pm

    Too ungrateful

    Reply
  21. Alex Alleyne December 24, 2017 at 7:32 pm

    “Not enough for you in order to laugh all the way to the Bank” this year .. Now you are understanding how we poor people feel. NO CASH, so can’t spend on super inflated items.
    Greed, Greed, Greed.

    Reply
    • jennifer December 24, 2017 at 8:07 pm

      Don’t get carried away Alex. They would never understand how poor people feel.

      Reply
  22. John Digger Benn
    John Digger Benn December 24, 2017 at 7:48 pm

    be thankful for what u get

    Reply
  23. Lionel Gittens
    Lionel Gittens December 24, 2017 at 7:50 pm

    See what I told yah. Greedy so and so.

    Reply
  24. Belfast December 24, 2017 at 7:54 pm

    Skippa , get the Defence Force to go out in the streets with bayonets fixed and order the people to come into your store and spend their money.
    You merchants and the politicians could hold hands.

    Reply
  25. Barbara Morris
    Barbara Morris December 24, 2017 at 8:03 pm

    You got $$$ still complaining. Stupse

    Reply
  26. SanDee Blades
    SanDee Blades December 24, 2017 at 8:04 pm

    Shameless comment … smh

    Reply
  27. Angus Benn
    Angus Benn December 24, 2017 at 8:09 pm

    Suppose he was in Dominica he might commit suicide.

    Reply
  28. Andrena Ceasar
    Andrena Ceasar December 24, 2017 at 8:19 pm

    so what people don’t have that kind a money to spend on decoration for they house

    Reply
  29. Ashanda Coward
    Ashanda Coward December 24, 2017 at 8:28 pm

    Your problem you got trick, because you holla hard and say the taxes should remain the same, but you thought bajans would still come out and spend big money, but you got trick and seriously tricked. Lots of people holding back they money, wanna does tell wanna self since some bajans don’t get up and protest that we don’t have a choice to buy but that ain’t the case at all. Why isn’t it enough? Are you that greedy? Smh, higher taxes and wanna don’t expect people to shop wisely please.

    Reply
  30. Romnel Weithers
    Romnel Weithers December 24, 2017 at 8:39 pm

    Why should they be enough for those who have more than enough

    Reply
  31. Alex Alleyne December 24, 2017 at 8:59 pm

    Still under the same ‘ole cloud of “WE CAN’T EAT THE MONEY”.
    Finally , Bajans making them feel it ……in their pocket book.
    Tek- dah.

    Reply
  32. Russell Margaret
    Russell Margaret December 24, 2017 at 9:01 pm

    Why you always complaining? Stop telling lies.

    Reply
  33. Maria December 24, 2017 at 9:07 pm

    He could have an after Christmas sale with huge discounts. That always work here☺

    Reply
  34. Maria Kirton
    Maria Kirton December 24, 2017 at 9:09 pm

    Have an after Christmas sale with huge discounts☺

    Reply
    • jennifer December 24, 2017 at 9:35 pm

      Wait for huge. Even school sales is a con.

      Reply
  35. jennifer December 24, 2017 at 9:24 pm

    And we need to stop with this cheap mealy mouth slave bs for a ham and a bottle of rum. Our WORTH is much greater.

    Reply
  36. Arthur Bynoe
    Arthur Bynoe December 24, 2017 at 9:56 pm

    He does. That is greed talking.

    Reply
  37. Sheron Inniss December 24, 2017 at 10:19 pm

    Wunnuh bad behave people go and spend some money with Mr Abed like me. I looks every where else 1st ( I exclude Cave Shepherd. Dun with them evuh since one of their employees ask me who tell me I could write poetry. Who tell she say so? Never see another cent of my money and the card was cut up and placed in the garbage) and if I can’t find it he is my last stop. Cackle.

    Reply
  38. Sade Roach
    Sade Roach December 24, 2017 at 10:22 pm

    Abed, we break.

    Reply
  39. Shelly Anne Webb
    Shelly Anne Webb December 24, 2017 at 10:32 pm

    What more do u want

    Reply
  40. Alleyne Heath
    Alleyne Heath December 24, 2017 at 10:35 pm

    What more you want be thankful.

    Reply
  41. Patrick December 24, 2017 at 11:21 pm

    They keep saying the people don’t have money so how can they spend

    Reply
  42. Shawn Brathwaite
    Shawn Brathwaite December 24, 2017 at 11:29 pm

    What do you all expect when you have this government?

    Reply
  43. Jan Hold
    Jan Hold December 25, 2017 at 1:40 am

    Treat your staff better

    Reply
  44. Philippa Joseph
    Philippa Joseph December 25, 2017 at 2:52 am

    Why didn’t you support the march against Taxes? Because you too greedy, bajans should have boycotted your store on the whole not spend less

    Reply
  45. tyrone downes December 25, 2017 at 3:22 am

    Ent he look like a bore cat though nah. He like he nevva hear bout shaving.

    Reply
  46. Lionel Gittens
    Lionel Gittens December 25, 2017 at 3:24 am

    They think our money don’t have any sense. Xmas comes and it goes crazy.

    Reply
  47. Queenie ShaSha
    Queenie ShaSha December 25, 2017 at 4:26 am

    He is always complaining but the Indian business are everywhere and getting rich off black people easily

    Reply
  48. Icenie Joseph
    Icenie Joseph December 25, 2017 at 5:35 am

    do you ever give thanks besides complaining all the time

    Reply
  49. Niki Ramjet
    Niki Ramjet December 25, 2017 at 6:23 am

    When I first saw this post I said I know he can’t he serious. Whoever buys their stock is not doing a good job so I’m not a big shopper there like before. Secondly I don’t know who else realised but they changed staff and it’s very apparent in the service customers are given now. I actually had to ask a staff member is she can see me because I thought I was invisible, since she kept going to other customers and missing me. It’s showing that Barbadians are not spending wildly anymore. Good.

    Reply
  50. Milanese Holder
    Milanese Holder December 25, 2017 at 6:46 am

    U toooo greedy . B thank full and praise God for the many blessings that he has thrown up on u through out the years.

    Reply
  51. Beth Bethany
    Beth Bethany December 25, 2017 at 7:11 am

    stop the complaining every year Mr Abed you got up and shouted for the taxes….so please and what are you giving bajans for shopping in your store a free calender please….you think bajans are going to spend up their money then come January them mouth dry remember we still have our children to send school in a couple weeks soon….did u see where bajans spend their money in the supermarkets at popular not no massy where de trinidadian own them think bajans foolish to be buying them almost $600 hams…..stupes do

    Reply
  52. Charming Forde
    Charming Forde December 25, 2017 at 7:21 am

    I don’t go in there so I can’t speak about his stock but I do know that he had a lot of people outside waiting to shop on the few mornings that I passed there.

    Reply
  53. MArk Anthony
    MArk Anthony December 25, 2017 at 8:02 am

    Who are you

    Reply
  54. Rosanne Jackson
    Rosanne Jackson December 25, 2017 at 8:26 am

    SMH

    Reply
  55. Jennifer December 25, 2017 at 9:17 am

    All this talk is leading job layoffs.

    Reply
  56. Mr Westpoint December 25, 2017 at 9:35 am

    Don’t let the private sector fool you people it ain’t the tax the killing you, it is the profit margins, it is the slave driving tactics of the private sector. Private sector controls the politicians who run the government. Some are happy while others are happier. The happier ones are those who party is in. The happy are those who party is not. Understand that when government change the happy gets happier and the happier gets happy. Private sector is never sad, may rant and cuss but the offshore accounts/investments say another. It brings a smile to the greedy faces every time.

    Reply
  57. jrsmith December 25, 2017 at 9:39 am

    Bajans are locked into the tourist trap , they must pay as the visitors do and purchase everything on bajans low wages ..
    I will still bet you they have made profits and its off to the tax havens……. Why is it people can pay a plane fare to London take back to Barbados as much product as they can and still come away profitable…..
    What’s needed in Barbados the separation of the tourist shopping and local purchasing power which compare to the wages …In Barbados everything should be in Barbados dollars .. we have no ties with the US…………………..

    Reply
  58. Michele Rollock
    Michele Rollock December 25, 2017 at 10:42 am

    I am glad at least some Bajans have awaken from their slumber unline someone we know. He forget the protest right. Well someone need to let him no all Bajans do not have short memories. He is too greedy. Last year he made a killing with all that independence day fabric. Tek that

    Reply
  59. Anthony Prescott December 25, 2017 at 11:56 am

    Bout time the businesses feel the pinch too…..GOOD !! Well done Barbados, only spend on what you NEED….Leave them with what they THINK we WANT !!

    Reply
  60. Pam Fazio
    Pam Fazio December 25, 2017 at 12:17 pm

    You have to have money to purchase items. No money no buy! Taxes taking the spending money away from the average family.

    Reply
  61. Sheliya Diane
    Sheliya Diane December 25, 2017 at 12:38 pm

    I agree with you 100% Niki Ramjet.

    Reply
  62. Yvette Ledeatte
    Yvette Ledeatte December 25, 2017 at 1:07 pm

    Learn to give thanks for small mercies.
    Look what’s happening in Puerto Rico this Christmas.

    Reply
  63. Colleen Alleyne
    Colleen Alleyne December 25, 2017 at 1:10 pm

    Be thankful for what you have to damm greedy

    Reply
  64. Judith Howell
    Judith Howell December 25, 2017 at 1:22 pm

    True, old stuff

    Reply
  65. Sweetpea Darling
    Sweetpea Darling December 25, 2017 at 2:01 pm

    All these ever think about is dem selves the poor have common sense doa wunna have money but no sense at all

    Reply
  66. luther thorne December 25, 2017 at 2:33 pm

    The prices too high man. Encourage de people . Reduce de markups man. Some low prices nuh !

    Reply
  67. luther thorne December 25, 2017 at 2:40 pm

    Wunna know things tight but want to maintain same profit marigin. Prices too high and mighty. This is tine to bring down prices and deal with Volume man !

    Reply
  68. Jervis Payne
    Jervis Payne December 25, 2017 at 3:31 pm

    You want all the money for yourself ?

    Reply

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