United Retailers Assoc. urges gov’t for extension on X-mas bonus, property tax payment
November 18, 2017
The head of the United Retailers Association, known as CUD in Spanish, urged local authorities to approve an extension to file a petition for exemption from paying the Christmas bonus, as well as for the second payment on property taxes to the Municipal Revenues Collection Center, or CRIM.
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Il Postino reopening in Miramar after 3+ years absence
November 10, 2017
The iconic Il Postino Restaurant — which closed its doors in Condado more than three years ago — is reopening today in the Miramar sector of San Juan with a menu reminiscent of the original eatery, but with affordable options included in response of the times.
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Study: Retailers could lose $8.4B if power is out 6 mos.
October 23, 2017
Puerto Rico’s retail sector stands to lose more than $8.4 million if power remains down for more than six months, the Retail Business Association warned Monday.
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Portable generators save the day for Loíza St. small biz
September 18, 2017
For Puerto Rico’s small business sector, left in the dark post Hurricane Irma, the key to returning to near normalcy was having a portable power generator.
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Plaza Las Américas spends $5M on energy efficiency
September 4, 2017
It’s been another busy year at Plaza Las Américas, as its management cut overhead, carried out mall upgrades to the tune of $5 million and welcomed new stores while others closed.
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‘MyPark’ app to reserve parking spaces debuts in PR
August 11, 2017
Starting this week, Puerto Rico residents will have a new parking alternative in several malls, with the arrival of “MyPark,” a system that allows them to reserve a space using their mobile phone.
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Rosa Mexicano operator files Ch. 11, citing $3.6M in debt
August 10, 2017
Ocean Front Hospitality Group, owner of the Rosa Mexicano franchise in Puerto Rico, has filed for Chapter 11 bankruptcy protection, citing more than $3.6 million in debt, this media outlet learned Wednesday.
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TITLE Boxing Club franchise to enter PR, DR markets
August 9, 2017
TITLE Boxing Club, a boutique boxing fitness franchise with more than 170 clubs across the U.S. mainland, announced Tuesday a new international deal that will bring the brand to Dominican Republic and Puerto Rico.
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Domino’s franchisee HFS Corp. closes all stores in PR
August 2, 2017
HFS Corp. — a franchisee for Domino’s Pizza in Puerto Rico — announced Wednesday the closing of nine stores on the island, after seeking bankruptcy protection earlier this year, this media outlet confirmed.
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Coopharma adopts software to boost patient services
August 2, 2017
PrescribeWellness, the cloud-based services company that seeks collaboration for better health, announced a partnership with the Puerto Rican cooperative of community pharmacies, Coopharma, which will be using its software solution to increase medication adherence, patient loyalty and health.
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PR’s 1Q17 retail statistics out under new methodology
July 31, 2017
Puerto Rico Trade and Export released the island’s most recent set of retail sales figures for the first quarter of 2017, generated using a new methodology announced earlier this year.
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Private sector takes fight against Caguas tax to court
July 13, 2017
Faced with a recent 70 percent hike in municipal taxes payable to Caguas, a group of companies representing a broad sample of businesses — restaurants, supermarkets, cash & carries, retail store chains, and telecommunications carriers — filed a lawsuit against the town to challenge the levy.
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Private sector balks at Caguas tax hike, town defends
July 7, 2017
Private sector representatives got together Thursday to blast the Caguas municipal government for what they called an “excessive and discriminatory” tax increase that took effect July 1 and affects businesses making more than $3 million in revenue.
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Sam’s Club swaps imported melons for local product
June 20, 2017
Sam's Club Puerto Rico announced Monday it has substituted another product line that was formerly imported with local produce from Puerto Rican farmers.
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Verbena to open at the Trocadero Diverplex in Hato Rey
June 2, 2017
Following the worldwide trend of multi-spaces where there is food, drink and entertainment, Verbena — a new business in that category — will open this month at the Trocadero Diverplex in Hato Rey.
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