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How Not To Do Business

City Markets and Thompson Trading Company
Stand-Off

City Market says it will see Thompson Trading or other wholesalers in court if necessary to prove that if there was any breach of an agreement they reached late last year, it was not committed by the foodstore chain.

Mark Finlayson, president of City Market’s parent company Bahamas Supermarkets Limited (BSL), said the majority of local wholesalers have been honoring the terms of their December 2010 agreement with the foodstore chain. He confirmed that the company had received a writ from one wholesaler already and that he anticipated receiving a letter from Thompson Trading’s lawyers “soon”, but that the company had a solid case should resolution fall to the courts.

“If we have to go to court, and in certain circumstances I guess we are going to go to court, I want everybody to understand that this is not a situation where we are going to go to court and the courts are going to say we owe them and we pay them,” Finlayson told The Guardian on Monday.

“The court will decide.”

Posted in Business

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