3. LASCO Group of Companies
The LASCO Group of Companies comprises several businesses involved in manufacturing, packaging and distribution of high quality, nutritious and affordable products.
Its pharmaceutical division represents world’s leading pharmaceutical companies; while the financial service division provides national and international services.
Lascelles Chin founded LASCO in 1988 in the island’s capital Kingston and since that time, the LASCO name has become synonymous with nutrition, great taste and affordability in the Caribbean, the Caribbean diaspora, Latin America, Europe and North America.
The company is renowned for its quality beverages, cereals, meats and sauces, personal care items, household products and pharmaceuticals.
LASCO currently exports its products to over 14 countries including CARICOM territories, Bahamas, Cayman Islands, Canada, the UK, US, Panama, British Virgin Islands, and US Virgin Islands.
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MegaMart, the brainchild of Jamaican businessman Gassan Azan Jr, revolutionised the landscape of retail shopping in Jamaica with the opening of its first outlet in Portmore, St Catherine on September 1, 1999.
With the advent of the 75,000 square-foot store, shopping in a single location suddenly became multifaceted with grocery, bakery, haberdashery, clothing, electronics, liquor, food court and a pharmacy all under one roof.
In essence, MegaMart was a one-stop shopping experience, coupled with the convenience of shopping until 10 p.m. seven days per week, another first in the local retail market.
With the success of the Portmore location, a second store was opened in Kingston on December 7, 2003. MegaMart Waterloo provided shoppers with 73,000 square feet of shopping convenience. Operations were later expanded to Montego Bay, and Mandeville, Manchester.
The company provides employment for over 1,000 persons.