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#304644 - 10/16/08 06:04 PM Is Santiago Castillo (the wholesale place) closed?
flip flop Offline
Was in there a few weeks ago and they weren't restocking....

Any word if they are closing?

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#304645 - 10/16/08 06:09 PM Re: Is Santiago Castillo (the wholesale place) closed? [Re: flip flop]
shuffles Offline
Went by the other day and they said closed for good. They were inside taking things off the shelf. not sure what's going in there yet.
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#304646 - 10/16/08 06:16 PM Re: Is Santiago Castillo (the wholesale place) closed? [Re: shuffles]
beachbumin Offline
Makes no sense at all. They came to the island as a distribution center for the local grocery businesses and were so busy they could not keep things on the shelf. They had a lot of problem getting things from Belize City to the island due to the ongoing problems with the barges. They then also opened as a retail center with pretty low prices, and again seemed to be busy. This is a loss for both the retail and wholesale consumer.

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#304648 - 10/16/08 06:19 PM Re: Is Santiago Castillo (the wholesale place) closed? [Re: beachbumin]
shuffles Offline
I agree.....I did alot of shopping there. I suspect they were only leasing the building and a better offer came along. I don't know the details, just my thoughts....,
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#304650 - 10/16/08 07:03 PM Re: Is Santiago Castillo (the wholesale place) closed? [Re: shuffles]
JZB Offline
I liked to shop there too. I wonder what will become of that space? There isn't a hardware store on that block yet. (Yes, I'm being sarcastic...)

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#304652 - 10/16/08 07:11 PM Re: Is Santiago Castillo (the wholesale place) clo [Re: shuffles]
Amanda Syme Offline
Originally Posted By: shuffles
I agree.....I did alot of shopping there. I suspect they were only leasing the building and a better offer came along. I don't know the details, just my thoughts....,


They own the building. They have a booming business on the mainland throughout the country - maybe just too stretched in these tough financial times.

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#304656 - 10/16/08 07:18 PM Re: Is Santiago Castillo (the wholesale place) clo [Re: Amanda Syme]
shuffles Offline
AH...that makes sense.
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#304657 - 10/16/08 07:21 PM Re: Is Santiago Castillo (the wholesale place) clo [Re: shuffles]
Peter Jones Offline
Still, a great loss.

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#304658 - 10/16/08 07:22 PM Re: Is Santiago Castillo (the wholesale place) clo [Re: Amanda Syme]
beachbumin Offline
Could be Amanda but the fact remains San Cas could not keep up with the demand on the wholesale side. At times they had multiple containers coming to the island each week. Another wholesaler, Madisco has had similar problems with getting goods delivered from the mainland to the island. There has been and continues to be a real issue with marine freight services from the mainland to the island.

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#304661 - 10/16/08 07:25 PM Re: Is Santiago Castillo (the wholesale place) clo [Re: Peter Jones]
pugwash Offline
This would seem like an ideal opportunity for an enterprising capitalist to offer them a "Gross Lease" on the building and business?
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