Trinidad-based furniture and home appliance giant American Stores will soon be opening up shop in Guyana. This was revealed last week at a launching ceremony at the Pegasus Hotel ahead of the official opening of the store.
General Manager for the Guyana operations, Austill Ogle told media operatives that the company was looking to expand to other countries within the region, and a Guyana branch was sought to kick start this process.
This, he said, was as a result of the sustained performance and growth of the Guyanese economy. “In the shortest possible time, we aim to become a significant manufacturing hub for the American Stores Limited.
This venture will satisfy local expansion in, but not limited to, Georgetown among others,” Ogle explained.
The company plans to open two stores on November 29, one–at Regent and Cummings streets and another on Durban Street, Georgetown. Further expansion is expected within the first half of 2014, with branches in Parika, East Bank Essequibo; Bartica; Linden; and Berbice. The company has already received more than 300 applications from locals.
“In Trinidad, the American Stores Limited is amongst the industry leader making sterling contributions to that economy as a private sector entity and pursing an active agenda in the community,” Ogle noted.
The official opening of the stores will feature live entertainment, from local and regional artistes like Adrian Dutchin and Jumo, Ravi B, Nisha B, and Karma. In addition, the stores will be hosting a contest for members of the public to win fabulous prizes including a refrigerator, television, and bedroom set. Dutchin will be partnering with the store’s team to create a jingle for the store’s opening.
At last week’s media launch, the press was treated to lunch and presented with 25 per cent discount coupons.
American Stores was opened in Trinidad in 1950.
It currently has 13 branches there.