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Is Santiago Castillo (the wholesale place) closed? #304644
10/16/08 12:04 PM
10/16/08 12:04 PM
Joined: Aug 2006
Posts: 169
flip flop Offline OP
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flip flop  Offline OP
Was in there a few weeks ago and they weren't restocking....

Any word if they are closing?

Re: Is Santiago Castillo (the wholesale place) closed? [Re: flip flop] #304645
10/16/08 12:09 PM
10/16/08 12:09 PM
Joined: Nov 2004
Posts: 1,748
SanPedro
shuffles Offline
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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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Re: Is Santiago Castillo (the wholesale place) closed? [Re: shuffles] #304646
10/16/08 12:16 PM
10/16/08 12:16 PM
Joined: Jan 2007
Posts: 395
Arizona
B
beachbumin Offline
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beachbumin  Offline
B
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.

Re: Is Santiago Castillo (the wholesale place) closed? [Re: beachbumin] #304648
10/16/08 12:19 PM
10/16/08 12:19 PM
Joined: Nov 2004
Posts: 1,748
SanPedro
shuffles Offline
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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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Re: Is Santiago Castillo (the wholesale place) closed? [Re: shuffles] #304650
10/16/08 01:03 PM
10/16/08 01:03 PM
Joined: Mar 2006
Posts: 1,818
South Ambergris Caye
JZB Offline
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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...)

Re: Is Santiago Castillo (the wholesale place) clo [Re: shuffles] #304652
10/16/08 01:11 PM
10/16/08 01:11 PM
Joined: May 2000
Posts: 6,724
San Pedro Town, Ambergris Caye...
Amanda Syme Offline

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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.

Re: Is Santiago Castillo (the wholesale place) clo [Re: Amanda Syme] #304656
10/16/08 01:18 PM
10/16/08 01:18 PM
Joined: Nov 2004
Posts: 1,748
SanPedro
shuffles Offline
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shuffles  Offline
AH...that makes sense.


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Re: Is Santiago Castillo (the wholesale place) clo [Re: shuffles] #304657
10/16/08 01:21 PM
10/16/08 01:21 PM
Joined: Aug 2008
Posts: 3,046
P
Peter Jones Offline
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Peter Jones  Offline
P
Still, a great loss.

Re: Is Santiago Castillo (the wholesale place) clo [Re: Amanda Syme] #304658
10/16/08 01:22 PM
10/16/08 01:22 PM
Joined: Jan 2007
Posts: 395
Arizona
B
beachbumin Offline
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beachbumin  Offline
B
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.

Re: Is Santiago Castillo (the wholesale place) clo [Re: Peter Jones] #304661
10/16/08 01:25 PM
10/16/08 01:25 PM
Joined: Aug 2007
Posts: 3,157
Plano,Tx
pugwash Offline

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pugwash  Offline
This would seem like an ideal opportunity for an enterprising capitalist to offer them a "Gross Lease" on the building and business?


It's rarely rocket science, it's usually just math: then again if you can't do the math.......
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