T&T-based supermarket officially opens branch in Guyana

Trinidad and Tobago’s largest supermarket chain, Coss Cutter, has officially launched its first branch in Guyana.

The launching saw scores of Guyanese bustling in to tour and shop in the new multimillion-dollar outlet located at Farm, East Bank Demerara (EBD).
Expressing great enthusiasm about the achievement, Coss Cutter’s Chief Executive Officer (CEO), Anil Ali, at Friday’s opening ceremony explained that the initiative was undertaken after the conclusion of market research which deemed Guyana most suitable for business expansion.
“We did do our research, and we saw what was needed in the community and we moved forward, so basically we researched the whole project….so we looked at the economy and see the economy was developing so we chose Guyana as our first stop,” he stated.

The CEO, in an interview with Guyana Times, revealed some main plans for the long-lasting future of his business brand within the country, given the fact that it is the first major venture within a fellow Caribbean nation.
“This is our first major venture out of Trinidad and Tobago, we have opened other small companies but nothing this size…this company plans to open more supermarkets, we are planning to open two more stores within the next year, that’s what we have for the short-term plan. The long-term plan would go forward as we get more involved with local business people and the community” Ali posited.

Meanwhile, Business Minister, Haimraj Rajkumar in delivering the feature address at the event underscored that the Coss Cutter Supermarket brings a new experience and demonstrates confidence to the local economy.
Present at the ceremony were Chairman of the Private Sector Commission, Desmond Sears and executives of the company.
Patrons present were allowed a firsthand experience of shopping in the new facility after the ribbon cutting ceremony to mark its official opening.