ST. JOHN’S, Antigua – Cost Pro Supermarket has permanently closed its doors, resulting in the termination of all employees due to redundancy.
In a letter dated July 9, management informed staff that the Woods Mall supermarket has ceased operations and that their employment ended on the same day because their positions were no longer required.
The company said employees will receive their salaries up to their final day of work and that payroll records are being reviewed to calculate any additional payments owed, including accrued vacation pay, notice pay where applicable, and severance pay in accordance with Antigua and Barbuda’s labour laws.
Management advised that employees will receive a final payment statement by July 17, outlining any outstanding amounts due, subject to statutory deductions.
Workers have also been instructed to return all company property, including uniforms, keys, identification cards, equipment and documents, by July 17.
Cost Pro thanked its employees for their service and wished them well in their future employment.
The closure marks the end of the supermarket’s operations at Woods Mall.
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Who is taking over? I will all the employees well
So what about the customer points ?
Leading up to its closure, the supermarket had faced internal operational friction and industrial unrest. Such environments suggest that mounting overheads and logistical challenges made maintaining a large-scale retail footprint financially untenable. Rising expenses for utilities, freight, and inventory management can force businesses to restructure or close unprofitable locations. This would suggest that all is not well in the retail sector.
THAT IS NOT GOOD AT ALL .TO SEE WORKERS BEING LET GO DUE TO CLOSURE OF THE BUSINESS PERMANENTLY.I WISH THEM ALL WELL IN THEIR FUTURE ENDEAVORS.GASTON BROWNE,MANY YEARS AGO.I SUGGESTED THAT YOU INTRODUCED UNEMPLOYMENT INSURANCE. THE EMPLOYEES WOULD PAY INTO IT THROUGH PAYROLL DEDUCTIONS.THEN WHEN THEY ARE LAID OFF OR TERMINATED LIKE NOW.THEY WOULD GET A STIPEND UNTIL THEY FIND NEW EMPLOYMENT,THEN IT STOPS.
Not surprised at all
Social Security should be able to offer such for the amount of monies people pay monthly.
Look out for more closures Antigua!!! Elections have consequences.
Wickedness, they knew they were closing all along . I hope they have money for all the staff monies . I hope the government steps in
Now 70 people is out of a job
hard to breathe
The government should not let them leave until they pay their staffs taking the money and run. Lmao if they were Antiguans they would run to the beach now they can run back home. GET THE BOSS
The government should not let them leave until they pay their staffs taking the money and run. Lmao if they were Antiguans they would run to the beach now they can run back home. GET THE BOSS
What the heck. This is crazy!!! No amount of haste should let them shut down like this.
I saw this coming a long time now. The shelves were already looking empty.
This is what happens when foreign entities are allowed to flourish in this country. These things will become commonplace when certain amenities become available to certain fly by night companies.
Oh waaawwww, I remember a lovely tall diary worker that got injured working at cost pro……she always a singing when she a pack yogurt. Dem fire she on sick leave and never give her a dime for the injury.
Cost pro wicked. The labour and union should at least get the woman a settlement. Cost pro too wicked man. Now dem a run smh
@ Zackie
It’s too early in the day for stupidness….
@UNKNOWN: WHAT YOU ARE SAYING.IT IS NOT A FUNCTION OF SOCIAL SECURITY.
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