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Sales & Promotions : Solomons Last Updated: May 7, 2015 - 7:57:38 AM
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Sales & Promotions
Real SAVINGS at Solomon's Freeport & Nassau (Expires March May 27th, 2015) - May 21, 2015 - 10:00:59 AM

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Sales & Promotions : Solomons
AML Foods Limited announces change of fiscal year end - May 15, 2015 - 1:20:06 AM

Nassau, Bahamas - AML Foods Limited announced today that it will change its fiscal year end from January 31 to April 30. This change will be effective 2016 which will result in an extended year (15 months) for the 2015 fiscal year.

Mr. Gavin Watchorn, CEO and Group President of AML Foods Limited noted that, “Currently we perform our planning during the very busy 4th quarter. This change will enable our senior management to focus exclusively on our operations during this traditionally busy period, and shift our planning process to a period that will allow for better planning and assessment for its Operations and Finance teams”...
Sales & Promotions : Solomons
AML Foods makes major donation to to The Salvation Army through their “Gifts for Good” program - Dec 5, 2014 - 8:18:07 AM

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Freeport, Grand Bahama - November 28th, 2014 Remarks by Paula Stewart, AML Foods  Financial Controller:

Every year through our “Gifts for Good” program and our brands Solomon’s, Cost Right Wholesale Club and Domino’s Pizza, we seek to do our part and come to the aid of persons in need in the Freeport community.

Freeport continues to experience economic challenges and we want to do our part to help the community that supports our brands on a daily basis, in any way that we can.  Freeport is home to our 300 plus Employees...

Sales & Promotions : Solomons
AML Foods donates Smart TV to Sir Charles Hayward Library - Dec 3, 2014 - 8:54:39 AM

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Freeport, Grand Bahama Island - Remarks by Paula Stewart - AML Foods  Financial Controller on November 28th, 2014:

It is with  great pleasure that Solomon’s, CostRight, Dominos, present this 50” LG Television to the Sir Hayward Library, a company that has shown dedication and loyalty, operating over 50 years within the Grand Bahama community.

We are truly delighted, knowing it will be beneficial to the Grand Bahama community, offering assistance with presentations, documentaries and keeping abreast of current affairs, while assisting with literacy in the Bahamas...
Community
Kicking off the 2014 Kettle Drive Corporate Sponsorship, AML Foods Limited donates $10,000 to the Salvation Army - Nov 26, 2014 - 11:38:06 PM

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Nassau, Bahamas - Renea Knowles, VP of Marketing and Communications, said “Every year through our “Gifts for Good” program we seek to do our part and come to the aid of persons in need in the communities that we operate in. Recognizing that every year the Kettle Drive helps countless individuals and families at Christmas, as well as throughout the year, we decided to launch this year’s “Gifts for Good Program” with a donation to the Salvation Army in Nassau and Freeport.

“The Kettle Drive has been giving hope to many in the Bahamas since 1931 and AML Foods through our brands Solomon’s, Solomon’s Fresh Market, Cost Right Wholesale Club, Domino’s Pizza and Carl’s Jr. feel it is important to support this worthy cause...”
Sales & Promotions : Solomons
AML Foods launches their Solomon's Community Care Program - Mar 27, 2014 - 10:58:02 AM

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Eligible groups are given access to the grounds of Solomon’s retail stores as well as customers to host community and fundraising events. So|omon’s agrees to assist approved groups in promoting their event using a format that we will determine - Facebook, e-blasts, website placement, in-store advertising, radio or newspaper.

Financial sponsorship will also be considered but is not guaranteed.

Who is eligible?

Charitable organizations, community building, school and civic groups seeking to raise funds and or bring awareness to their various programs and causes...
Sales & Promotions : Solomons
AML Foods Limited results for its third quarter ending October 31, 2013 - Dec 22, 2013 - 1:26:00 AM

AML Foods Limited announced today the results for its third quarter ending October 31, 2013, recording a net loss of $833k, compared to a net profit of $410k for the same period in the previous year.

Mr. Dionisio D’Aguilar, Chairman AML Foods Limited says, “Our results are reflective of significant challenges that we are experiencing, both within our industry and the Bahamian economy. Increased taxation directly impacted our business by approximately $480k during the 3rd quarter, as a full period of increased business license fees, customs processing fees and other increased taxes took effect....
Sales & Promotions : Solomons
Domino’s Pizza re-brands its Port Lucaya restaurant to ‘Theatre’ concept - Sep 25, 2013 - 12:37:45 PM

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Nassau, Bahamas – September 19, 2013 Domino’s Pizza is proud to announce the re-branding of its Port Lucaya Marketpace store to the Pizza Theatre Concept, giving customers a cinematic view of the food preparation process. The newly renovated store officially debuted on Saturday, September 14th, 2013 and includes many new and exciting features.

“Our décor has been substantially upgraded and we have opened our back-of-house kitchen to allow our guests to view up close the pizza-making process”, says Lageisha Miller, District Manager for Domino’s Pizza, Grand Bahama. “It’s amazing to see the faces of our customers, especially the children, as they observe their pizzas being made from start to finish. Customers are able to see dough being tossed in the air in the spirit of the original Italian art of pizza making, as well as witness the Domino’s team...

Sales & Promotions : Solomons
AML Foods Limited results for its second quarter ending July 31, 2013 - Sep 20, 2013 - 11:41:38 PM

AML Foods Limited announced today the results for its second quarter ending July 31, 2013, recording a net profit of $171k, compared to $448k for the same period in the previous year. Key indicators include:

• Sales growth of $5,513k or 18.0%;
• Increase in net margin dollars generated of 16.0% or $1,443k but a decrease in net margin percentage from 29.5% to 29.0%...
Sales & Promotions : Solomons
AML Foods Vacancy: Marketing Manager - Jul 9, 2013 - 2:11:39 AM

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Nassau, Bahamas - AML Foods is currently seeking applications for the position of Marketing Manager.

The Marketing Manager will develop and manage local marketing strategies, plans and activities for the Company's franchise division.

Interested candidates must have a bachelor's degree in marketing and 3 - 5 years marketing experience.
Sales & Promotions : Solomons
AML Foods Limited Raises $11,000 to help eradicate hunger - Jun 25, 2013 - 9:50:36 AM

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Nassau, Bahamas - AML Foods Limited announced today that they were successful in raising $11,000 for Hands for Hunger in New Providence and The Grand Bahama Red Cross’ Meals on Wheels Program.

In recognition of World Hunger Day, throughout the month of May, shoppers at Cost Right Nassau, Solomon’s Super Centre, Solomon’s Fresh Market Old Fort Bay, Solomon’s Fresh Market Harbour Bay, Solomon’s Lucaya, Solomon’s Queens Highway, and Cost Right Freeport had the opportunity to add a donation to their shopping bill to help eradicate hunger in The Bahamas...
Sales & Promotions : Solomons
AML Foods Limited results for first quarter ending April 30, 2013 - Jun 21, 2013 - 1:32:29 AM

Nassau, Bahamas - AML Foods Limited announced today the results for its first quarter ending April 30, 2013, recording a net profit of $656k compared to $578k for the same period in the previous year.

“We are pleased that we are able to increase shareholder returns in our current economic environment”, says Mr. Dionisio D’Aguilar, Chairman, AML Foods Limited. “Due to strong management of our balance sheet during the quarter, we saw a reduction in inventory investment and an increase in cash balances...
Sales & Promotions : Solomons
AML Foods Limited announce fourth quarter ending January 31, 2013 - Apr 8, 2013 - 11:07:28 PM

AML Foods Limited announced today the results for its fourth quarter ending January 31, 2013, recording a net profit of $1.06m after pre-opening costs of $356k, compared to $1.12m for the same period in the previous year, and YTD net profit of $2.42m after pre-opening costs of $590k, compared to a prior YTD net profit of $1.74m after pre-opening costs of $296k. Financial highlights include:

• Total sales increase of $8.03m or 26.3% for the quarter and YTD $29.48m or 29.9%;
• Gross margin dollars for the quarter were $11.4m or 29.6% of sales, reflecting an increase of $2.37m or 26.3% over the same period in the prior year. YTD gross margin dollars were $38.11m or 29.7% of sales, an increase of $8.9m or 30.5% over the prior year...
News : Bahamas Information Services Updates
New Solomon’s Fresh Market Represents ‘Secure Investment’ In Bahamian People, says Minister Rolle - Mar 22, 2013 - 2:36:17 PM


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NASSAU, The Bahamas – Minister of State for Investment in the Office of the
Prime Minister the Hon. Khaalis Rolle said, on March 21, 2013, that the grand opening of the new Solomon’s Fresh Market represents a “secure investment” in the Bahamian people and the eastern New Providence communities.

  “It is meaningful, not only because it is necessary, but because it is a Bahamian business significantly investing in its country,” Minister Rolle said during the Grand Opening Ceremony held that day at the Harbour Bay Shopping Plaza.  

Minister Rolle said that investing in the Bahamian people is something that the Bahamas Investment Authority believes in and promotes every day. 

Sales & Promotions : Solomons
AML Foods Limited Announces Michael Moss as New Director - Jan 23, 2013 - 11:06:35 PM

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Nassau, Bahamas - For immediate release January 17, 2013: AML Foods Limited is pleased to announce the appointment of Mr. Michael Moss, to the position of Director, effective January 16, 2013.

“A significant portion of our business is generated in the Freeport market and the Board of Directors believe it is prudent to have a director who is based there, to offer advice and provide local level insight on the market place”, says Mr. Dionisio D’Aguilar, Chairman of AML, in announcing Mr. Moss’s appointment. “Michael is an outstanding Bahamian businessman with vast experience in operations and management and we are delighted that he has agreed to join our board as a Director. We look forward to his expertise which will undoubtedly bring significant added value to our board and businesses in Freeport”...
Sales & Promotions : Solomons
AML Foods Limited announce 3rd Quarter Results - Jan 21, 2013 - 6:43:38 PM

AML Foods Limited announced today the results for its third quarter ending October 31, 2012, recording a net profit of $374k compared to $60k for the same period in the previous year and YTD net profit of $1.4m compared to a prior YTD net profit of $623k. Financial highlights include:

• EPS of $0.02 for the quarter compared to $0.00 for the prior year period and EPS of $0.09 YTD compared to $0.04 for prior YTD;
• Overall sales increased $7.1m or 29.9% for the quarter and $21.5m or 31.4% YTD;
• Increased gross margin dollars for the quarter of $2.2m or 30.9% and YTD of $6.5m or 32.4% reflecting increased sales as well as improvements in gross margin from 29.6% in 2011 to 29.8%;
Community
AML Foods Limited “Gifts for Good 2012” Assist Those in Need - Nov 30, 2012 - 3:03:58 AM

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Nassau, Bahamas – Since beginning Gifts for Good in 2009, AML Foods Limited, through our brands Solomon’s Super Centre, Cost Right Warehouse Club, Solomon’s Fresh Market and Domino’s Pizza have donated more than $130,000 to many deserving charities in New Providence and Grand Bahama. These charities and groups perform great work throughout our communities and we commend them for their efforts in helping the less fortunate in our society.

“We feel that it’s our corporate responsibility to give back and assist those in need in our community”, says Renea Knowles, VP of Marketing & Communications, AML Foods Limited. “The donations we provide are only possible because of the great support and loyalty of our many valued customers and we wish to thank each and every one of them for their patronage throughout the years.
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