Local News

Are retailers dumping goods on the streets?

NewsDay Staff ·

Are retailers dumping goods on the streets?

Vendors in the country’s major cities and towns have literally invaded all strategic points, including verandas of big retail shops, selling a variety of goods including basic commodities in foreign currency.

The chaos comes amid speculative reports that the biggest suppliers for the vendors are retailers that are chasing the United States dollar, which is readily available on the parallel market.

There are reports that some big retail shops are refusing to transact in the local currency citing various excuses, including malfunctioning point-of-sale machines.

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