The Puerto Rico Restaurant Association expressed concern Tuesday to the closure of several restaurants in the past few weeks and urged government action to prevent further losses for the industry that could adversely affect the island’s economic development.
U.S. retail e-commerce spending for the first 25 days of the 2011 holiday season that got its start Nov. 1 has reached $12.7 billion, marking a 15 percent increase versus the same period last year, according to comScore, a leader in measuring the digital world, said Sunday.
Just two days before the biggest shopping weekend of the year, Puerto Rico Trade predicted Tuesday that retail sales will increase by 3.3 percent during the Christmas season, if the pattern in local consumer purchases maintains the same growth rate registered in the period ended in September 2011, which was $2.9 million.
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