Island Hopper Exotic Furniture announces closure

Another business in St Kitts and Nevis is closing its doors. Island Hopper Exotic Furniture has announced a closing down sale.

"Everything must go," read a sign outside the business located on the CA Paul Southwell Industrial Park.

The reason for the closure is not immediately known.

As the St. Kitts and Nevis economy continues to tumble, more small businesses have closed their doors or downsized resulting in loss of pay checks, unemployment and non-payment of bills.

Businesses closures in recent months include the United States-owned Lutron Liamugia on the C A Paul Southwell Industrial Park with a loss of over 100 jobs, the Tek Dat Bar on Fort Street, Exclusives Shoe Store, which operated out of the old Singer building on the top of Church Street and Cayon Street; DeJoynt, an ice cream parlour on the corner of College Street and Cayon Street, Scoops, ice cream parlour on Port Zante, the Colombian-operated night spot on Wellington Road, Stonewalls on Prince’s Street, the Ballahoo Restaurant at The Circus, Nichols Trading Limited on the Bay Road and David Coury & Co. Ltd’s General Store on College Street.

Domus, manufacturers of doors and windows on the old sugar factory compound in Basseterre has transferred a major portion of its operations from St Kitts to Trinidad after opening a TT$50 million factory and showroom in Chaguanas in Trinidad last month. Several employees were made redundant.

In March, also KOSCAB (St Kitts and Nevis) Limited, formerly the St Kitts Bottling Company closed its production line making some 15 workers redundant.

In December 2016, some 30 employees were made redundant when KOSCAB (St Kitts and Nevis) Limited bought the St Kitts Bottling Company from the St Kitts-Nevis and Anguilla Trading and Development Company (TDC). The St Kitts Bottling Company was established in 1954.