Forteza expands line of fine chocolate products; bets on local cocoa bean harvest
May 24, 2018
Motivated by a strong growth in sales, Forteza Caribbean Chocolate announced the expansion of the offer of flavors that make up the line of fine chocolate bars Forteza One Bar, supported by an aggressive strategy to increase the cultivation of cocoa beans in Puerto Rico to meet the local and international demand.
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Walgreens to invest $35M drugstore recovery, expansion efforts post hurricanes
May 24, 2018
Walgreens will invest $35 million in recovery and expansion efforts in Puerto Rico, where it owns 108 drugstores, a number of which were severely damaged by Hurricanes Irma and María last year.
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$10M Pueblo grocery store to open in Carolina urban center May 30
May 23, 2018
Local grocery store chain Pueblo announced the upcoming opening of a new, $10 million location in the town of Carolina’s urban center, on May 30.
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Popeyes Louisiana Kitchen invests $3M to open 15th restaurant in P.R.
May 21, 2018
Best known for its Louisiana spicy cuisine, Popeyes Louisiana Kitchen announced the opening of its 15th restaurant in Puerto Rico since they first started operations on the island 13 years ago.
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Retail Sales Assoc. lobbies for end of inventory tax as part of Tax Reform
May 15, 2018
Less than a month before the start of this year’s hurricane season, the Retail Sales Association once again urged the government to eliminate the tax on inventories as part of the Tax Reform being crafted for Puerto Rico.
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Puerto Rican grocery chain Econo breaks ground on $90M distribution, service facility
May 4, 2018
Econo, a local supermarket chain founded in 1970, is investing $90 million in a new state-of-the-art Distribution and Services Center located in the northern town of Canóvanas, slated to open in 2020 in time for the company’s 50th anniversary.
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The Mall of San Juan operator confirms 5 tenants will reopen by summer
April 28, 2018
At least five major tenants at The Mall of San Juan will reopen during this quarter, Robert Taubman, CEO of Taubman Centers, the shopping center’s owners, confirmed.
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Plaza Carolina opens 45 stores, 7 mo.’s after Hurricane María ravaged mall
April 27, 2018
Simon-Plaza Carolina Mall announced the next phase of store re-openings, more than seven months after Hurricane María destroyed a significant portion of the shopping center.
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Puma Emergy investing $80M+ in P.R., creating 500 jobs
April 13, 2018
With an investment of more than $80 million and the creation of more than 500 direct and indirect jobs in the project, Puma Energy Caribe will be renovating more than 230 service stations with the brand’s new image.
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Walmart re-opens Humacao Supercenter after $10M reconstruction
April 12, 2018
Walmart Puerto Rico announced the reopening Wednesday of the Humacao Supercenter where it invested $10 million in the reconstruction after the facilities were totally destroyed by Hurricane María last year.
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Marco’s Pizza chain opens 900th store in Bayamón, P.R.
April 6, 2018
Marco’s Pizza franchise chain, with nearly 40 years in the U.S., has opened its 900th store in Puerto Rico and announced the opening of at least nine additional stores — aside from existing locations — for a total of 20 stores on the island by the end of 2018.
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Il Forno Enoteca, the successor to Al Dente, opens in Caguas
March 22, 2018
A new Italian eatery opened in Caguas a little more than a week ago by the owner of a restaurant that was a landmark in Old San Juan until last year.
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San Patricio Plaza reinaugurates following 14-mo., $4M remodel
March 19, 2018
With the slogan "Discover your new San Patricio Plaza!," shopping center executives announced the completion of a $4 million remodeling project that took 14 months.
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MIDA moves annual summit to P.R. Convention Center
March 14, 2018
The Puerto Rico Chamber of Food Marketing, Industry and Distribution (known as MIDA by its Spanish acronym) will hold its annual convention at the Puerto Rico Convention Center for the first time, June 28-30, trade group president Ricky Castro announced.
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Overton’s owner to open store in P.R., announces it via Twitter
March 13, 2018
Marcus Lemonis, chairman of Illinois-based Camping World Holdings, announced via Twitter on Monday that the company will open an Overton’s store in Puerto Rico, “as promised.”
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