With just 10 days until Christmas, the National Retail Federation revised its original sales growth prediction for the season to 3.3 percent, one percentage point higher than its original 2.3 percent year-over-year growth projection. The optimistic change responds to “ improvement in a variety of economic indicators including stock market gains, recent income growth, savings […]
Private equity firm Centre Partners announced Wednesday the sale of its Bumble Bee Foods division to Lion Capital, for $980 million. The transaction includes the cannery in Mayagüez, which has been in operation since 1962. Bumble Bee is North America’s leading supplier of shelf-stable seafood under the Bumble Bee, Clover Leaf, Brunswick, Snow’s, Beach Cliff, King […]
St. Croix-based Seaborne Airlines will begin new daily flights between the Luis Muñoz Marín International Airport and the islands of St. Croix, St. Thomas and Vieques starting Jan. 12, the company announced Wednesday.
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