{"id":11865,"date":"2011-09-14T09:58:44","date_gmt":"2011-09-14T13:58:44","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=11865"},"modified":"2011-09-14T10:02:31","modified_gmt":"2011-09-14T14:02:31","slug":"city-market-cut-off-due-to-non-payment","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/09\/city-market-cut-off-due-to-non-payment","title":{"rendered":"City Market &#8216;Cut Off&#8217; Due To Non-Payment"},"content":{"rendered":"<p>A leading wholesaler said most Bahamas-based suppliers had cut City Markets off &#8220;six to seven weeks&#8221; ago for failing to pay its regular monthly account, conceding that &#8220;everyone&#8221; in the industry was worried about recovering the collective multi-million dollar debt it owed to them.<\/p>\n<p>Bruce Thompson, managing director of Thompson Trading, the Nassau-based agent for brands such as Pepsi-Cola, Nestle, Colgate and Quaker, confirmed to Tribune Business that some wholesalers had begun the process of taking City Markets to court to recover sums allegedly due to them.<\/p>\n<p>Responding to comments by City Markets&#8217; principal Mark Finlayson, who in an interview with Tribune Business warned Bahamian wholesalers to work with the supermarket chain or else face the prospect of writing-off 100 per cent of what was due to them, Mr Thompson accused him of seeking to blame the industry for the company&#8217;s woes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most local suppliers cut City Market off six to seven weeks ago for failure to pay up on its account and some are proceeding with court action.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[153,23,154],"class_list":["post-11865","post","type-post","status-publish","format-standard","hentry","category-business","tag-business-2","tag-food","tag-shopping"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/11865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=11865"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/11865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=11865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=11865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=11865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}