El Mesón Sándwiches invests $1.5M to open P.R.’s 40th location in Caguas
December 6, 2019
El Mesón Sandwiches opened its 40th location in Caguas, which at a cost of $1.5 million, is described as the “largest and most innovative restaurant” in the chain in Puerto Rico and the U.S. mainland. The location at Plaza Centro de Caguas and second establishment in this municipality, presents a new concept with high efficiency […]
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Iconic Morton’s The Steakhouse reopens after 2-year hiatus
December 4, 2019
Morton’s The Steakhouse will reopen its doors at The Caribe Hilton Hotel today, following a two-year hiatus caused by damage inflicted by Hurricane María to the oceanfront property. The restaurant, like most of San Juan, suffered extensive damage from the 2017 storms, which prompted the need for a full remodel, company executives confirmed. “Given the […]
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Iván “Pudge” Rodríguez to open Pudge’s Pizza at El Distrito
November 19, 2019
El Distrito entertainment complex will be filled with the taste of the Major Leagues with the opening of Pudge’s Pizza, the gastronomic offering by Baseball Hall of Fame Catcher, Iván “Pudge” Rodríguez, Federico Stubbe, Jr. president of PRISA Group, developer of the complex announced. Stubbe explained that his company acquired the rights to the Pudge’s […]
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Retailers optimistic about upcoming holiday shopping season
November 7, 2019
Although Puerto Rico’s retail sales registered a 14% increase in 2018, it has seen a 4% drop so far this year, which is why the sector emphasized the importance of the government’s decision to pay the Christmas bonus to public employees. Gov. Wanda Vázquez confirmed this week that public employees will receive their stipend, which […]
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3 Sears, 5 Kmart stores closing in Puerto Rico, pushing total to 14
November 6, 2019
TransformCo, parent company of Sears and Kmart announced an additional eight Sears and Kmart stores will be closing in Puerto Rico. The closure, which includes five Kmart and three Sears, responds to part of the restructuring and transformation process through which the store chain has been working for the past year. The stores closing include […]
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Taubman ‘actively looking’ for new tenant for former Saks location at The Mall of SJ
October 30, 2019
In the wake of Saks Fifth Avenue’s exit from The Mall of San Juan, the shopping center’s owner, Taubman Centers, is “actively looking” for either one or several tenants to move into the 100,000 square-foot space, executives said during a conference call with analysts. Robert Taubman, CEO of Taubman Centers Inc., said, “It could be […]
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Saks Fifth Avenue officially pulls out of The Mall of San Juan after 2-year litigation
October 30, 2019
More than two years after shutting down, Saks Fifth Avenue has confirmed it will not reopen the only store it had in Puerto Rico at The Mall of San Juan, putting an end to a court battle with mall operator Plaza Internacional Puerto Rico. The litigation began in October 2017, when Plaza International — the […]
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Total Petroleum spending $30M to remodel 200 gas stations in P.R.
October 30, 2019
Total Petroleum Puerto Rico, Corp. is investing more than $30 million to introduce a new canopy construction technique to enhance safety and reduce construction time at some 200 of its gas stations in Puerto Rico. The remodeling program is scheduled to conclude during the first quarter of 2020 and has accumulated more than 100,000 hours […]
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DoorDash starts door-to-door delivery service in P.R. today
October 23, 2019
DoorDash, the largest and fastest-growing on-demand door-to-door delivery service in more than 4,000 cities in the United States, Canada and Australia, is launching in Puerto Rico today, in its first predominantly Spanish-speaking market and first market in the Caribbean, the company announced. DoorDash has expanded its product to serve customers, merchants, and Dashers in Puerto […]
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5 new stores arriving to Plaza Las Américas before year’s end
October 23, 2019
The management of the Plaza Las Américas shopping center announced the arrival of five new stores and the opening of nine new shops that began doing business in recent weeks. The new stores that will join Plaza Las Américas this year are: Reservalife, Jewelz & Co., gef France, Sumaq Silver & Jewelry and Daazh. In […]
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Walmart invests $6.5M to remodel Supercenter in Canóvanas
October 17, 2019
Retailer Walmart announced that as part of its commitment to job creation and retention, the support to local industry and the promotion of commercial activity, it has invested $6.5 million in the remodeling of its Supercenter in Plaza Canóvanas. “We have been serving Puerto Rico for 27 years and contributing to its socioeconomic development,” said […]
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P.R. Restaurants Association urges eateries to ‘pass on reduced tax’ to consumers
October 15, 2019
Puerto Rico Restaurants Association Chair José Salvatella urged local eateries to complete the necessary steps to be able to pass on the reduced sales and use tax rate to consumers, who are increasingly eating out. During an interview on the “En Una Hora” radio program on 11Q 1140 AM, in which News is my Business […]
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$4M Barullo restaurant to open in El Distrito complex in Miramar
October 2, 2019
Barullo Restaurant, a $4 million culinary proposal to celebrate Puerto Rico’s Spanish heritage, will open the first quarter of 2020 at the El Distrito entertainment complex under construction at the Puerto Rico Convention District area in Miramar. The restaurant will be located on the first floor of El Distrito and will feature 6,000 square feet […]
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Minnesota-based Wonders Ice Cream to open 1st dessert parlor in Boquerón
October 1, 2019
Wonders Ice Cream, a Minnesota-based rolled ice cream shop franchise, will open its first store in the Boquerón area of Cabo Rojo next year, in the hands of an entrepreneur who envisions it becoming a hang-out spot for tourists and locals alike. Jay Martínez bought the rights to the franchise from friend Kit Houngnakhone — […]
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P.R. retail sales ‘kept the pace’ in July 2019, gov’t confirms
September 18, 2019
Retail sales reached the second highest level for a month of July in the past decade, with nearly $2.9 billion in activity, Puerto Rico Trade and Export confirmed. The highest month in sales over the past decade was July 2018 with a total $3 billion, which the agency described as “totally atypical behavior” when compared […]
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