Puerto Rico grocers tackle rising food prices differently than U.S. retailers
June 3, 2024
Puerto Rico’s food industry is subject to additional inflationary pressures. #NewsismyBusiness
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Paris Baguette expands into Puerto Rico with local partners
May 21, 2024
Entrepreneurs Harry and Shirley Chen have begun the search for real estate in Puerto Rico as they work to develop their new bakery café. #NewsismyBusiness
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Fat Tuesday to open new $1M location in Old San Juan
May 15, 2024
Fat Tuesday Old San Juan will feature its signature frozen drink flavors, as well as bar food classics and delicious Puerto Rican “antojitos.” #NewsismyBusiness
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IKEA opens $37M distribution warehouse in Bayamón
May 9, 2024
The warehouse is designed to offer several services to make the IKEA shopping experience easier, the retailer said. #NewsismyBusiness
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Puerto Rico’s shopping centers see 5% Y-O-Y sales increase in 2023
May 3, 2024
Several local malls are slated to welcome new tenants, which call for redevelopments and redesigns to accommodate new services and trends. #NewsismyBusiness
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Puerto Rico’s 7 Sam’s Club stores to adopt AI to check receipts at exit
May 2, 2024
There’s no date yet to begin the local deployment, although Sam’s Club plans to install the exit technology at all its clubs by the end of 2024. #NewsismyBusiness
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El Cilantrillo Restaurant opens 4th location in Central Florida
May 2, 2024
The new location is the largest yet for the Puerto Rican family-owned and operated restaurant group. #NewsismyBusiness
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Wild Encantos sues Caribbean Retail Ventures over plush toy knockoffs
April 30, 2024
Wild Encantos is seeking more than $3 million in damages. #NewsismyBusiness
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Bubble tea brand Gong Cha to open locations in Puerto Rico
March 20, 2024
The first two locations will open in May at Plaza Atenas in Manatí and Cupey. #NewsismyBusiness
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La Boulangerie, Híjole restaurants file for Ch. 11 bankruptcy
March 8, 2024
Chapter 11 generally provides for reorganization, usually involving a corporation or partnership. #NewsismyBusiness
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Walmart unveils $12M remodel of Barceloneta store
March 5, 2024
The store’s remodeled look seeks to “offer the best shopping experience to its customers,” the retailer said. #NewsismyBusiness
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CVS Pharmacy to sell 22 Puerto Rico stores, exiting market
February 5, 2024
The agreement with Caribe Pharmacy Holdings, the parent company of Farmacias Caridad. is expected to close in April. #NewsismyBusiness
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Ralph’s to open Outlets at Montehiedra store with $8M investment
January 29, 2024
The retail and wholesale model chain embarks on metro area expansion. #NewsIsMyBusiness
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Sample by SneakerlabPR becomes Distrito T-Mobile’s first store
January 11, 2024
New retail store showcases Puerto Rican culture through local fashion and design. #NewsIsMyBusiness
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’23 online holiday shopping activity broke records, reaching $222B
January 5, 2024
Online shoppers who took to their computers and mobile over the 2023 holiday season — from Nov. 1 to Dec. 31 — spent 4.9% more year-over-year. #NewsismyBusiness
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