Puerto Rico retail sales reported a slight year-over-year uptick of .50 percent in August with sales reaching $2.96 billion in comparison to the same month in 2012, when activity reached $2.95 billion, representing a $15 million jump in sales, Puerto Rico Trade and Export Executive Director Francisco Chévere confirmed Thursday.
A little less than 18 months after entering the local market footwear retailer Shoe Carnival is keeping its momentum going with the addition of three new stores this month, and plans to open at least five more in the next two years, Todd Beurman, senior vice president of marketing, said Tuesday.
Puerto Rico’s retail sales were down 3 percent year-over-year in July — the most recent statistic available for the sector — when some $2.94 billion in activity was reported.
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