I thought this might be an interesting story, but I realized that it was all just hype:
Chief executive officer of Pricechopper, Jefferson Sooknarine, has said that the merger between the international company and Cariflex is "to become the Walmart of Trinidad" and it was his intention to give Cariflex new life and new hope....This is truly bizarre. This short history of Cariflex indicates that the company has always been in the printing business, not retail sales. And they're not talking about this Pricechopper; they're talking about the one that makes wristbands.Sooknarine added that with this initiative there were to be several rules, among them that eight per cent of all profits go to employees while 15 per cent would go to charitable and religious organisations. He said his aim is to transform Pricechopper Cariflex into a more successful company.
Exactly how do they compare with WM?
Posted by Kevin on December, 4 2004 at 10:24 AM
