ASORE: COVID-19 pandemic has Puerto Rico restaurants on the brink
May 5, 2021
Puerto Rico’s restaurant industry saw a 68.2% drop in sales between April and January 2020, when activity plummeted to $50 million from $157 million, “Proyecciones 2021,” a study commissioned by the Puerto Rico Restaurants Association (ASORE, in Spanish) showed. During those months, the island’s government established a series of restrictions, including an almost full lockdown, […]
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Grocery store Selectos opens app to US mainland shoppers
April 19, 2021
Puerto Rican grocery store chain Selectos announced it has introduced its Easy Shop app to shoppers in the US mainland looking to make purchases for people residing on the island. Mayreg Rodríguez, executive director of Selectos, said the grocery store is looking to reach the estimated seven million Puerto Ricans living in the continental US, […]
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Sr. Paleta teams up with El Mesón Sandwiches on new popsicle
March 30, 2021
An alliance between Puerto Rican companies Señor Paleta and El Mesón Sándwiches has resulted in the production of a 100% local popsicle, that will be sold across all of the latter’s locations on the island. The “Latte Coco”-flavored popsicle is made with 100% Puerto Rican coffee and local coconut directly from the town of Aguadilla, […]
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Puerto Rico’s 2nd BurgerFi location opens; 4 more planned
March 19, 2021
The second location of gourmet burger chain BurgerFi has opened in Plaza Caparra in Guaynabo, following a $1 million investment. The restaurant joins the first to open a year ago, when the chain made its local debut. The Plaza Caparra fast-casual concept spans 1,800 square feet, including two outdoor eating areas and a bar, said […]
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Costco testing curbside pick-up at 3 New Mexico warehouses
March 8, 2021
Several months after saying that launching curbside pickup services was not on the radar, Costco Wholesale officials confirmed that it is testing the service at its three warehouses in Albuquerque, New Mexico. During a conference call with analysts to discuss its second-quarter earnings late last week, the big-box retailer’s Executive Vice President, Richard Galanti, said […]
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Puerto Rico’s retail sales drop 2.4% as COVID-19 pandemic rages in ’20
March 5, 2021
Puerto Rico’s retail sales were apparently affected by the COVID-19 pandemic in 2020, when activity decreased by 2.4%, when compared to the same 12-month period in 2019, according to data provided by the Department of Economic Development and Commerce. However, general sales registered for the month of December 2020 increased to $3.05 billion, which represents […]
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Retail sector must adapt to changing consumer habits due to COVID-19
March 5, 2021
Changes in retail consumption habits were the focus of the Puerto Rico Retailers Association (ACDET, in Spanish) annual forum, entitled “The Next Generation of Retail, Are You Ready?” Online sales, which have picked up in response to restrictive measures taken to curb the spread of COVID-19, are forcing retailers to look at security tools and […]
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La Tigre fashion retailer opening $500K flagship store in Ciudadela
February 26, 2021
Reinventing and looking for new ways to serve a new generation of consumers in Puerto Rico and around the world, La Tigre company had invested more than $500,000 on a new flagship store in Ciudadela in Santurce, and visualizing a prosperous clientele for its new extension of the Casa Alberghini brand. La Tigre’s strategic and […]
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A La Orden Discount moving to former Downtown restaurant location in Hato Rey
February 22, 2021
Puerto Rican furniture and appliance retailer A La Orden Discount — an industry fixture for 45 years — is moving from where it has done business next to Plaza Las Américas mall for 37 of those years, to a new location in the heart of Hato Rey, this media outlet learned. The retailer will take […]
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3rd Coast Guard Exchange store to open in Caguas
February 19, 2021
The third Coast Guard Exchange location in Puerto Rico is scheduled to open in the summer in Caguas, the Coast Guard confirmed to this media outlet. The new 22,000 square foot CGX store is located at the Las Catalinas North Shopping Center, next to Burlington. CGX expects to hire 40 employees from the local area […]
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Plaza Centro 1 owner faces $24.6M collection and foreclosure lawsuit
February 18, 2021
Plaza Centro 1 shopping center, owner MJS Caguas Limited Partnership, faces a $24.6 million collection and foreclosure lawsuit from U.S. Bank National Association, filed last week in the Caguas Superior Court. The lawsuit corresponds to an outstanding $28 million loan originated by Canadian Imperial Bank of Commerce in January 2011. The loan is payable on […]
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Cuba Libre restaurant opening in Plaza Las Américas still on, despite delay
February 15, 2021
Philadelphia-based Cuba Libre Restaurant & Rum Bar, which was slated to open in Plaza Las Américas last month, will still make its debut in Puerto Rico, but with a delay of about a year, this media outlet confirmed. The construction and opening of Cuba Libre San Juan, a GuestCounts Hospitality LLC brand, was set back […]
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New retail development project for Aguadilla breaks ground
February 10, 2021
Scheduled to open sometime next year, new commercial retail development project Plaza Noroeste Commercial Center began early construction this week in the municipality of Aguadilla with an initial investment of more than $5 million. The final figure is expected to be closer to $40 million once the project is completed, this media outlet confirmed. Construction […]
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Chick-fil-A partners with mall operator Site Centers for 1st restaurants in Puerto Rico
February 5, 2021
Chick-fil-A announced it has selected Site Centers, which operates the RVI shopping centers, as the home for the first round of openings of its new restaurants in Puerto Rico. “When Chick-fil-A first considered expanding to Puerto Rico, they quickly determined that Plaza del Sol in Bayamón and Plaza Escorial in Carolina were the perfect locations. […]
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CDC includes Puerto Rico in expanded COVID-19 vaccination program with Walgreens
February 3, 2021
The Centers for Disease Control and Prevention (CDC) and the U.S. Department of Health and Human Services has selected Walgreens to provide a limited number of COVID-19 vaccinations across 15 states and jurisdictions — including Puerto Rico — as part of the Federal Retail Pharmacy Program. Vaccinations will begin in stores Feb. 12 to eligible […]
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