Puerto Rico retail sales up .50% YOY in August
November 8, 2013
Puerto Rico retail sales reported a slight year-over-year uptick of .50 percent in August with sales reaching $2.96 billion in comparison to the same month in 2012, when activity reached $2.95 billion, representing a $15 million jump in sales, Puerto Rico Trade and Export Executive Director Francisco Chévere confirmed Thursday.
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Shoe Carnival adds 3 new stores to Puerto Rico footprint
November 6, 2013
A little less than 18 months after entering the local market footwear retailer Shoe Carnival is keeping its momentum going with the addition of three new stores this month, and plans to open at least five more in the next two years, Todd Beurman, senior vice president of marketing, said Tuesday.
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Puerto Rico retail sales down 0.3% in July
October 31, 2013
Puerto Rico’s retail sales were down 3 percent year-over-year in July — the most recent statistic available for the sector — when some $2.94 billion in activity was reported.
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7th LongHorn Steakhouse to open at Hyatt Place Manatí
October 31, 2013
Executives from the LongHorn Steakhouse chain announced Wednesday plans to open its seventh restaurant in Puerto Rico, at the Hyatt Place Manatí & Casino Atlántico, currently in its final stage of construction.
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Kmart launches online layaway, store-to-home shipping in Puerto Rico
October 30, 2013
Kmart announced Tuesday that it will extend its integrated retail shopping conveniences to customers in Puerto Rico, offering more flexibility both in-store and online.
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High prospects for Puerto Rico Bath & Body Works stores
October 29, 2013
Retailer Bath & Body Works made its highly anticipated debut in Puerto Rico Monday — more than two decades after first setting up shop in Ohio — with the opening of a 4,700 square-foot store in the Plaza Las Américas mega-mall in Hato Rey.
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Sports Authority opens 1st Puerto Rico store, in Ponce
October 18, 2013
Sports Authority, one of the largest sporting goods retailers in the mainland, marked its entrance into the Puerto Rican market Thursday with the grand opening of its flagship store in Ponce.
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Origami Sushi franchise opening in Puerto Rico in ’14
October 17, 2013
FransGlobal, owners of the Taco Maker franchise in Puerto Rico, plans to open two Origami Sushi restaurants on the island in 2014, marking the entrance of the new chain to the island.
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MAACO to open 15 more centers in Puerto Rico
October 11, 2013
MAACO, part of the Driven Brands family of automotive companies, celebrated Thursday the one-year anniversary of its Collision Repair & Auto Painting center in Carolina, one of three centers in Puerto Rico.
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MIDA warns national tax will hike prices, end businesses
October 1, 2013
Thousands of jobs, businesses and consumer pockets are being threatened by a new national tax included in the Tax Burden Redistribution and Adjustment Law, which the Marketing, Industry and Food Distribution Chamber warned Monday could have “devastating effects.”
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Meat Market Miami steak house opens in Isla Verde
September 25, 2013
Meat Market, a modern and contemporary steak house and seafood restaurant whose location in Miami is a magnet for celebrities, will open its second eatery in the Isla Verde sector of San Juan this Thursday, just in time for Puerto Rico's December-to-April peak tourism season.
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Puerto Rico’s 1st ChocoBar opens in Old San Juan
September 23, 2013
A glittering ChocoBar, with a chocolate-based menu sure to melt a dieter's firmest resolutions, has opened in old San Juan as the first salvo in a strategy by the Cortés Group to project its brand, Cortés chocolate, internationally.
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Domino’s opens 1st ‘Pizza Theater Store’ in Puerto Rico
September 18, 2013
Domino's Pizza is introducing a new store concept to the island, with the opening of Puerto Rico’s first free standing Pizza Theater Store in Canóvanas, where customers will be able to experience their pizza being freshly made and baked in front of them.
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Free bus service links Hato Rey and Plaza Las Américas
September 17, 2013
A transportation service to ferry people from the heart of Hato Rey to Plaza Las Américas weekdays during peek hours will debut Sept. 24, courtesy of the mall management. The service is free.
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Puerto Rican retailer Jeans.com files Ch. 11, owes $5.1M
September 13, 2013
Jeans.com, a Puerto Rican clothing retailer established in 1998 catering to men 15 to 40, has filed for Chapter 11 bankruptcy protection, listing more than $5.1 million in debt.
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