kevon.felmine@guardian.co.tt
While many businesses complained about poor sales this Christmas season, it seemed that many customers held onto some cash to splurge for Boxing Day, particularly in South Trinidad.
Not many stores participated in the growing holiday tradition, but hundreds of people rushed to Gulf City Mall in La Romain to take advantage of deals ranging from 10-15 per cent off electronics, clothing, exercise equipment and cosmetics.
The anticipated sale saw people flocking to the mall ahead of the opening time, and within an hour, there was gridlock traffic leading in and out of the area, with people creating parking spots on the roadside.
By 11 am, the parkade was filled.
Among those businesses crowded with customers were She Rocks, Sports & Games, Francis Fashion/Shoe Locks, Mobiles Galore and Photo Centre. Omar Hadeed, managing director of First Retail Group, said Boxing Day at his outlets was overwhelming. Speaking at Victoria’s Secret, Hadeed said his decision to open outlets an hour earlier paid off.
“Similar to Black Friday, we have seen customers come out in numbers, and traffic is fantastic. It is not even noon, and we have already hit record numbers. So far, it has been a fantastic sale,” Hadeed said.
Customers flocked to C3 Centre in Ste Madeleine to a lesser extent, but there were not many stores advertising sales. Most customers patronised businesses at the foot court.
Meanwhile, the South Park shopping centre was quiet, with some stores opting to stay closed, and parking was readily available.
High Street, San Fernando, once the leading hub for retail in the city, was disappointing for the store owners and street vendors who decided to open. Only JD’s Exclusive saw a crowd gather.It was similar in the Princes Town branch, where customers assembled from 4.30 am when the store opened, taking advantage of low-priced clothing and accessories.
Owner, Dave Hosein, said Boxing Day has always been a special day for customers, who usually support his business. He said shoppers rushed to get footwear before moving into the clothing sections. Hosein said sales this Christmas season were slower than in years gone by but understood many customers waited for the sales event, which grew over the years.
As business began stabilising in 2022 from the shocks experienced by the COVID-19 pandemic, Hosein said importing goods remains costly because of the hike in freight and transportation costs.
He said getting foreign exchange also remains a challenge.
As president of the T&T Retailers Association, Hadeed also expressed this concern. He said online shopping remains popular, so some US currency escapes retailers with customers using credit cards for online purchases. His group is looking at external investments in areas like manufacturing to begin earning foreign exchange to sustain its business model.
Hadeed added that crime continues to affect business, with many customers rushing to stores in the morning to get home before dark.
The Customs and Excise Division was another issue retailers faced as they experienced delays in clearing imports.
Hadeed said some members complained about not getting their goods in time for this Christmas season.
There were also additional port charges and duties that hindered competitiveness.