Puerto Rico retail sales grow slightly in March, April
June 19, 2014
Puerto Rico’s retail sector reflected positive year-over-year growth in March and April, when activity grew by 2.2 percent and 1.3 percent, respectively, Puerto Rico Trade and Export informed Wednesday.
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Gov. signs law to support small, mid-sized businesses
June 12, 2014
Gov. Alejandro García-Padilla on Wednesday signed Law 545, known as the “Microenterprise, Small and Mid-Sized Business Support Act,” to support that sector of the Puerto Rican economy.
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Econo Supermarket outranks competitors in DACO study
June 11, 2014
Puerto Rican supermarket chain Econo received the best marks in a study conducted by the Consumer Affairs Department, known as DACO, which evaluated the performance of the island’s best-known grocers.
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Plaza Las Américas food court getting $5M facelift
June 5, 2014
With a projected investment of more than $5 million, Plaza Las Américas will embark on a remodeling plan this summer of its popular food court, known as “La Terraza,” mall operators announced Wednesday.
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Puerto Rico’s 1st Olive Garden opens June 30 in Bayamón
June 2, 2014
Years of anticipation for the arrival of the Olive Garden Italian restaurant chain to Puerto Rico will end June 30, when the island’s first location will open to the public in Bayamón, franchise owners Restaurant Operators Inc. announced.
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Kona Grill restaurant to open at Mall of San Juan in ’15
June 2, 2014
Modern American grill and sushi bar, Kona Grill, will be opening its first restaurant outside the continental United States on the island in 2015, when it takes its place among some of the world’s most high-end retailers at The Mall of San Juan, this media outlet confirmed.
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Denny’s marks silver anniversary in Puerto Rico
May 30, 2014
Casual dining restaurant chain Denny’s is marking its 25th anniversary in Puerto Rico and apparently has no plans to scale back its presence, announcing the construction of a new $2 million location in Aguadilla that is slated to open in February 2015.
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Pollo Campero taking cautious approach to expansion
May 27, 2014
A little more than a year after making its local debut, Pollo Campero — Latin America’s largest chicken restaurant chain known for its signature fried and grilled chicken and side dishes — is taking a careful approach to expanding in Puerto Rico, where it has plans to open 20 restaurants in a decade.
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LongHorn Steakhouse 2 restaurants, 2 more planned
May 23, 2014
Restaurants Operators Inc., franchisees of the LongHorn Steakhouse restaurant chain in Puerto Rico, announced Thursday the opening of two new eateries in Guaynabo and Manatí, and plans to open two more in the next five years.
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Walmart launches Giselle Blondet’s line for Puerto Rico
May 23, 2014
Walmart Puerto Rico announced Thursday the launching of Gi, by TV personality Giselle Blondet line of beddings and jewelry. The products of this successful Puerto Rican actress and host will be sold exclusively at Puerto Rico stores.
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IHOP opens 3rd Puerto Rico location in Carolina
May 20, 2014
IHOP Restaurants, famous for its pancakes and a full menu of other breakfast, lunch and dinner choices, officially opened its third restaurant in Puerto Rico on Monday at Los Colobos Shopping Center in Carolina, in partnership with local franchisee Encanto Sunrise Inc.
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Pearle Vision looking for Puerto Rico franchisees
May 16, 2014
Pearle Vision optical retailer announced today plans to convert 11 of its neighborhood eye care centers in Puerto Rico from company-owned to licensee-owned.
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Red Mango’s 1st local restaurant exceeds sales by 40%
May 9, 2014
A little over a month after opening its first restaurant in Puerto Rico, frozen yogurt and smoothie retailer Red Mango said this week that sales have exceeded initial expectations by 40 percent and announced the development of a second location is underway.
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U.S. Bank closes on $320M loan for Mall of San Juan
April 29, 2014
U.S. Bank, as joint lead arranger and administrative agent, closed on a $320 million loan for The Taubman Realty Group Limited Partnership to finance the development of The Mall of San Juan, a 650,000-square-foot shopping and entertainment complex in San Juan.
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2nd Famous Dave’s restaurant opens in Bayamón today
April 28, 2014
A year after making its local debut in Carolina, Famous Dave’s is opening its second BBQ restaurant in Bayamón today — a $2 million, 6,000 square-foot operation that will generate 275 jobs.
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