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Consumers

Local Business

"Inflation up 0.2 percent for June"

The Consumer Price Index (CPI) for June reported that consumers paid 1.9 percent more last month than they did a year ago for the basket of goods and services included in the calculation for the index. The rate of inflation increased 0.2 percentage p...
Jul 29, 2013
Local Business

"Inflation rate rises to 2.1%"

The inflation rate in Bermuda has risen for the first time in three months. It rose 0.2 percentage points from the 1.9 percent measured in January 2013, as we paid more for health and personal care and food and transport in February, Government figur...
Apr 09, 2013
Other

"Rent-control tenants pay more while free-market rents fall"

Realtors say rents have fallen in the last five years, but according to the Consumer Price Index, they have actually risen every year since 2006, pushing inflation up. This is because, ironically, rents for rent-controlled apartments went up during t...
Mar 09, 2012
Local Business

"Eight new jobs as new Sears store opens"

The American department store, Sears, will open its doors in Bermuda next week offering a wide range of home products to shoppers and hiring eight new local staff. Owned by MarketPlace, the new 12,000-square-foot store on Victoria Street will officia...
Feb 29, 2012
Local Business

"Two new retail outlets to open in Washington Mall"

Two new stores are set to open in the new wing of the Washington Mall in the hopes the increased foot traffic will attract new customers. The International Sports Shop, a fixture on Bermudiana Road, will be moving into the new second-floor space and ...
Jan 19, 2012
Other

"Shoppers load up on after-Christmas deals"

Shoppers have been out in large numbers this week snapping up everything from jewellery to shoes in deeply discounted sales throughout the Island. “I bought five pairs of shoes for $230,” said one happy shopper after her visit to Boyle’s on Queen Str...
Dec 30, 2011
Other

"Island loses out when residents shop overseas Kim Wilson"

Every dollar spent shopping overseas is a dollar lost to Bermuda, warned Economy Minister Kim Wilson at the launch of Consumer Week. From today (October 24) to Friday, a campaign by the Department of Consumer Affairs will emphasise the importance of ...
Oct 24, 2011
Other

"Rude sales staff, limited choice driving away shoppers"

Limited choice of goods, high prices and rude sales staff were today cited as residents' primary complaints about shopping on the Island. Meanwhile consumers highlighted the convenience of local stores as the main appeal for buying items here. The fi...
Jun 08, 2011
Other

"Another slump in retail sales"

Retail spending fell yet again last November, according to figures released this morning by Government. In another blow to the Island's retail sector, the retail sales index showed that consumers spent an estimated $83.6 million during November – a d...
Jan 23, 2011
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