Denny’s parks food truck in Hato Rey, 1st for entire chain
May 19, 2017
Denny’s Puerto Rico, operated by franchisee Marpor Corp., has rolled into Hato Rey in what is the first food truck for the company on the island and nationwide, Ricardo González, vice president of the local restaurant chain confirmed Thursday.
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Study: Women ‘wield the power’ in PR consumer market
May 18, 2017
On an island where 52.3 percent of the population is female, there is no doubt that when it comes to driving the local economy, women are at the wheel, leveraging their considerable impact as market influencers and trendsetters.
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Caribbean Cinemas to open in Plaza Carolina mall in ’18
May 17, 2017
SIMON-Plaza Carolina and Caribbean Cinemas announced Tuesday a leasing agreement to open 11 state-of-the-art movie auditoriums.
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MIDA’s Consumer X-Ray finds price-conscious buyers
May 10, 2017
Puerto Rico consumers have changed their priorities and frequency in purchases, focusing their expenditures on the necessary and establishments that offer the best bang for their buck, this year’s Consumer X-Ray revealed.
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MIDA: Food retailers lose $116M to shoplifters in PR
April 28, 2017
Puerto Rico food retailers lose some $116 million as a result of shoplifting, inefficiency and negligence in managing inventory, employee theft or fraud, according to the "Portrait of the Food Industry" study released by the Puerto Rico Chamber of Food Marketing, Industry and Distribution (known as MIDA by its Spanish acronym.)
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Fine jewelry retailer Posh Haus opens in Paseo Caribe
April 28, 2017
With an initial investment of more than $500,000, Posh Haus is the new fine jewelry and design house that joins the ever-growing list of tenants that have already opened their doors in the commercial area of Paseo Caribe in San Juan.
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Walmart PR to launch Bettina Cosmetics in 105 FL stores
April 25, 2017
Walmart Puerto Rico announced Monday the expansion of the Bettina Cosmetics brand in Florida through the sale of the locally produced nail polish products in 105 additional stores throughout the state.
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P.R. Products Association to host #DíaHechoEnPR event
April 20, 2017
The Puerto Rico Products Association will host #DíaHechoEnPR, a full-day event on April 28, when it will unveil an agenda that will target education, motivation and recognition to those responsible for moving the Puerto Rican economy through their local products and services.
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Payless ShoeSource closing 12 stores in PR; 389 in total
April 14, 2017
Payless ShoeSource is closing 389 underperforming stores in the United States — including 12 in Puerto Rico — providing “a rare opportunity for savvy shoppers to snap up footwear for the whole family at liquidation prices,” the company said Thursday.
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DACO, Retailers Assoc. to orient on use of reusable bags
March 16, 2017
The Retail Trade Association, which groups major local and multinational chains, has joined efforts with the Consumer Affairs Department to educate and create awareness among consumers about the use of reusable bags and bans the use of plastic bags.
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Alliance born to boost social innovation, development
March 15, 2017
Caguas-based Oscar Super Cash & Carry announced Tuesday it will make its resources available to business incubators to serve as a platform for social innovation to strengthen smaller businesses and in turn, the foundation for Puerto Rico’s social and economic development.
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P.R.’s restaurant sector optimistic despite challenges
January 30, 2017
People in Puerto Rico are spending less when dining outside the home, but they are still eating out and that is good news for local restaurants.
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San Patricio Plaza to undergo $4M remodel in ’17
January 17, 2017
San Patricio Plaza in Guaynabo will undergo a $4 million remodeling that will begin tonight and last over 10 months, company officials announced Monday.
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P.R. retail sales jump $85.1M year-over-year in Sept.
December 30, 2016
Puerto Rico’s retail sales jumped by $85.1 million in September when compared to the same month in 2015, exceeding the $3 billion mark, Puerto Rico Trade and Export revealed Thursday.
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Plaza Las Américas Sizzler reopens after $1.5M revamp
December 30, 2016
Following a $1.5 million make over, the Sizzler casual dining restaurant located at Plaza Las Américas will reopen today, Carlos Trigo, president of Multisystems Restaurant confirmed Thursday.
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