Arnold’s Announces Closure Of Three Stores

September 23, 2019 | 51 Comments

Citing “many factors, along with increased operating costs,” Arnolds Markets has closed three locations — two in Somerset and Arnold’s Express on Front Street — with the company noting that there are no job losses as staff have been transferred to their other locations.

A notice posted online, signed by Frank Arnold, said, “We regret to announce the closure of the following Arnolds Markets locations effective September 20th, 2019:

  • “Arnold’s Supermarket, Main Road, Somerset
  • “Arnold’s Liquors, Main Road, Somerset
  • “Arnold’s Express Front Street, 135 Front Street, Hamilton

“Regretfully, I have made the decision to close these 3 locations due to many factors, along with increased operating costs of running these businesses. All staff members have been transferred to our 3 other locations.

“There are no job losses due to these closures. I would like to thank all our valued customer for your business over the many years at these locations.

“We look forward to serving you at our 3 other locations: Maxi Mart, Hog Bay Level, Somerset, Arnold’s Family Market, St Johns Road, Pembroke, and Arnold’s Discount Warehouse, Ewing Stree, Hamilton.”

Arnold's Market Bermuda Sept 23 2019

Share via email

Read More About

Category: All, Business, News

Comments (51)

Trackback URL | Comments RSS Feed

  1. Toadinthehole says:

    Is burt listening? Where is the economic stimulus plan?

  2. sandgrownan says:

    tick tock…the ticking time bomb of the PLP economy……

  3. Mr. Apathy says:

    Another one (or in this case 3) bites the dust…

    I wonder at what point will the current government acknowledge and admit that our economy is collapsing slowly before our very eyes and that something needs to be done about this. Newsflash: taxing small-medium sized local businesses to death in order to feed the lumbering civil service monstrosity is not the solution!

    My guess is however, that the PLP will pretend that everything is peachy, scapegoat the OBA, e-commerce or some other boogeyman and just dismiss reality because the only metric that seemingly matters to them is 25-11. Sad…

    • puzzled says:

      Spot on Apathy.
      Jerry is the least of our worries.

    • So who is gonna take de blame when Whites went out of business?
      LMAO

      • question says:

        Whites? You mean the place where a store re-opened in the same place?

      • Anbu says:

        U asked that already stupid.

        • Deborah says:

          Behave yourself Arbu. Didnt your mother teach you manners. Calling someone stupid!

      • Joe Bloggs says:

        Considering that White’s closed in August 2012, I am going to blame the economy under the then Government. And for the record, the 2012 election did not take place until December 2012.

      • Gustav says:

        o.j.
        i love your comments
        you Always bring i smile in my face
        so intelligent , so unpredictable , so wise , so sharppencilled
        how would be the world , if we only had , so bright People like zou

    • Ms. I’m living in reality says:

      Yes, BOTH parties can/should have done a LOT better when they’re in power PERIOD – so that throws out your overtaxing theory.
      The current government did not shut down these 3 locations… Have you been to any of them lately!? I have and the government did not cause the Arnold’s stores to have the following issues at their locations….. As a consumer things like that in a place where you are getting your food is a HUGE turnoff.
      So yes BOTH GOVERNMENT parties can and should do better AND we also need to hold business owner responsible for their own actions too.

  4. bluenose says:

    25-11

  5. 2Bermudaz 2bermudaz says:

    The brilliance of Burtonomics …..

    • Mr. Apathy says:

      A great term! A potential definition of Burtonomics:

      “A unique take on economic stimulation and policy-making that involves seeking to encourage business/investment growth in Bermuda whilst simultaneously expressing sentiments and taking actions that negatively impact business growth and investment goodwill.”

      Examples of Burtonomics in practice include (yet are not limited to):

      1. Increasing taxes on small-medium sized local businesses.
      2. Making concessions for sketchy cryptocurrency businesses that do not create jobs in Bermuda.
      3. Tacit, indirect endorsements by the Government in discrimination against foreigners and LGBTQ+ citizens whilst simultaneously welcoming their monetary investment via tourism.
      4. Wanting to make businesses “squeal”, yet complain that international companies to not contribute enough.
      5. Trying to enact policy to forcefully relinquish the autonomy enjoyed by the municipalities of Hamilton and St. Georges by being absorbed into quangos, led by undemocratically elected government appointees.

      • 2Bermudaz 2bermudaz says:

        Or the future Wikipedia entry:

        Economists now agree that Burtonomics was a rash experiment in the area of pursuing a single economic strategy. While initially promising riches, it soon transpired to be such a narrow approach that it created a mere handful of jobs mainly for highly paid expatriate workers and neglected essential economic areas such as retail and construction.
        Like the trickle down theory, Burtonomics is now widely discredited.

  6. blankman says:

    Dear government, your economic policies aren’t working.

  7. question says:

    25-11. Working out great isn’t it.

  8. Eve says:

    The PLP are not the only one to blame for cost of doing business, for 50 years previous governments have done very little to control the cost of living. Governments just kept handing out concessions to tourism and IB and raising taxes to pay for it. The governments also increased the size of the civil service using it as a way to reduce the unemployed instead of creating jobs for Bermudians. Tourism is on another decline and it’s the cost that is driving tourists away. BTA’s recent golf, tennis and sailing ventures won’t bring down the cost of visiting Bermuda, these ventures will only increase the cost of taxpayers having to fund ventures with little or no chance of positive ROI. The government(s) guaranteed hundreds of millions of dollars to Caroline Bay for what; to build another resort that visitors cannot afford but taxpayer’s will have to fund.
    The previous governments lacked ministers with the education and experience to run a country and sustain a cost of living that kept Bermuda from becoming one of the most expensive places in the world to live.

    • Joe Bloggs says:

      Sadly, everything you say in the first paragraph is correct.

      On the second paragraph, I am not so sure that our politicians lacked education and experience to run a country. My view is that they lacked the guts to do what was needed. They caved in to wild cat strikes in the 1970s and 1980s. As you point out, they expanded the civil service to mask unemployment. In the 1990s they were just trying to hold on to power. In the 21st century, our politicians have been trying to address historic wrongs without regard to the long-term future of Bermuda.

      Like life in the 21st century, politics today is about tweets and sound bites, not about long-term policy.

  9. 2Bermudaz 2bermudaz says:

    yup and who has been in power for 17 of the last 21 years?

  10. dunn juice says:

    More to come! Maybe arbitrade, overstock or one of those ponzies will be there. Oh no wait we have a golf event coming up, that should do it.

  11. Vida Smith says:

    Why don’t you all stop blaming the PLP for everything that’s going on it sounds so stupid,
    If you a have business and you get a loan from the bank, and your way behind in your payments
    they send you a notice, if you still don’t pay on it, they will shut you down, so no matter what you say to the public, that’s the bottom line.

    • Double S says:

      Amazing how one’s tune has changed since the 2017 election.

      Anything, and I mean anything, negative that occurred between 2013 and July 2017 was solely down to the Government at the time.

      Now it ‘sounds so stupid’ to you and your fellow PLP supporters. Hypocrites of the highest order.

      Just tell your PLP to change their mantra from standing strong to ‘it wasn’t me.’

      And let me tell you it is a fact that the raft of PLP tax increases, introductions and fee hikes has significantly increased the cost of business in Bermuda. Don’t care if you don’t believe it, but watch this space as there are a few more downsizing and closures to occur very shortly.

    • Wahoo says:

      If you own a business and you cannot make payments it is likely because your sales are down. If you are historically a viable business then you have to wonder why your sales are down. Slump in the economy is a good guess and you can then ask why is there a slump in the economy? Goverment not creating real jobs and fostering confidence in our little island (i.e. plp) might spring to mind. Just sayin’. The more you chase people away the less money is circulating. Maybe you are right though.

      • Portia says:

        A viable business? Arnold’s has been crappy and overpriced for a very long time. It was only a matter of time before it caught up with them. People still buy stuff…just not from them. At some point consumers get tired of throwing hard earned money at businesses that don’t deserve it.

        • Question says:

          “People buy stuff…just not from them.” Er, Portia, you haven’t heard about how Retail Sales have fallen off a cliff over the past two years then, I guess.

        • Joe Bloggs says:

          Arnold’s is open when other shops are not. That convenience demands a premium. The 7-11 and Circle K chains are built on that simple premise.

    • Mark says:

      Vida must be reaping the benefits of Bertynomics.

    • frank says:

      so glad someone gave the right reason

  12. Simple says:

    Knew the Hard times were pinching, Nearly $10 for a jug of tea! Outrageous! That stupid sugar Tax. I stopped buying from Arnold’s some time ago. No hot prepared foods at Maximart early AM . No food till 10:30 AM. Just in time for the start of summer, when workers are out at sunrise. Then the prices of the the prepared foods skyrocketed. I stopped buying the food. I’ve been done with Arnold’s. The purchases go elsewhere.

  13. Mb says:

    All a sign of supply and demand, I don’t know if you noticed @Simple in between your prepared food runs wherever that shelves are emptier island wide and stick is low. Why? Simple … sales are down. Why…do the math but I think we have thousands less people here and the PLP and BIU refuse to acknowledge the solution to the average man and poor man problems – all of us – is MORE expats, period. Nothing else will help unless we find oil or some mineral off challenger banks.

    • Confused says:

      Come on, let’s be real here. Why would you pay $12+ for a six pack of soda, when you can go to Marketplace and get the exact same thing for $9+.

      Doesn’t take a degree in economics to figure out why his sales fell. It’s called GREED!

  14. Shut them down says:

    All over the world businesses open and close.

    It’s how things are. Has NEVER stopped under any Gov anywhere.

    No big deal under any Government any time.

    No doom and gloom. No need to keep trying to scare the masses.

    Wont help you overturn 25-11.

  15. puma says:

    Sugar tax…refrigerant cost…

Leave a Reply