Yogurfit expands Puerto Rico footprint with new concept
August 16, 2013
Self-serve yogurt and sorbet chain Yogurfit is looking to expand its footprint across Puerto Rico with a new culinary concept it is calling KR7, where customers will be able to get sweet or savory crepes and “arepas,” along with natural fruit frappes.
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Former Martha Stewart exec opening San Juan store
August 12, 2013
Aaron Stewart, a former high-ranking executive at Martha Stewart Living Omnimedia, is set to make his debut in retail with the upcoming opening of a home goods store in San Juan.
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Dispute boils over to split Bebo’s Cafe into Basilia’s
August 8, 2013
A dispute involving money and the terms of a lease has unraveled a long-standing business partnership in San Juan's food industry and in its aftermath, a popular restaurant will split into two distinct eateries separated, as Berlin once was, by a wall.
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The Home Depot marks 15 years in Puerto Rico with new Hatillo store
July 12, 2013
Retail home improvement chain The Home Depot recently marked its 15th anniversary in Puerto Rico with the grand opening of a new state-of-the-art store in Hatillo.
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IKEA, Denny’s opening in Carolina’s Plaza Escorial mall
July 10, 2013
The Plaza Escorial Shopping Center in Carolina is about to welcome several new tentants in coming months, including a new Denny’s casual dining restaurant and Puerto Rico’s second IKEA furniture store location, News is my Business learned.
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Invasive lionfish presents biz opportunities for Puerto Rico restaurants, fishermen
July 5, 2013
In the past five years, Puerto Rico has experienced an unprecedented surge in its lionfish population.
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Frozen yogurt retailer Joybee looking to expand
July 2, 2013
Following the boom and broad acceptance of the frozen yogurt shop concept on the island, Puerto Rican company Joybee, is looking to expand its nutritious concept throughout the island by opening several new stores, company owners said Monday.
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Plaza Las Américas begins new $2M remodeling project
June 28, 2013
With an investment of more than $2 million, Plaza Las Américas, Puerto Rico’s largest mall, will be remodeling the two levels of the corridor between JC Penney and Macy's.
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Wendy’s Puerto Rico buys $12M in local goods annually
June 25, 2013
In its quest for freshness and to uphold high quality standards, Puerto Rico’s Wendy’s franchisee invests about $12 million a year in goods from local farmers and producers.
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CiCi’s Pizza targets Puerto Rico for int’l expansion
June 24, 2013
Coppell, Texas-based CiCi’s Pizza, the casual dining restaurant know for its mile-long endless pizza buffet, recently confirmed plans to expand its footprint beyond the continental United States, targeting Puerto Rico, Mexico and Canada for future store openings.
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Bath & Body Works expediting plans to open 3 stores in Puerto Rico
June 21, 2013
Fragrance and body care retailer Bath & Body Works is moving full steam ahead with plans to make its debut in Puerto Rico, where it will reportedly open three stores, two of them before year’s end — earlier than initially announced.
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MIDA: Puerto Rico consumers have ‘adapted’ to crisis
June 21, 2013
Puerto Rican consumers in charge of making household food purchases are increasingly adapting their buying strategies to their economic circumstance, buying more generic or private-label goods, using manufacturers coupons and adding longer-lasting frozen foods to their shopping list.
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Stateside retail group warns Puerto Rico lawmakers on ‘Super Patente’ effects
June 20, 2013
In a letter sent Wednesday to Puerto Rico lawmakers, Virginia-based trade group Retail Industry Leaders Association members warned that a proposed gross receipts tax amendment would have “devastating effects” for retailers doing business on the island.
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Selectos Ciudadela owners file for Ch. 11, closing store
June 11, 2013
Businessman Thomas Ward, who less than a year ago opened a Selectos supermarket in the upscale Ciudadela apartment complex in Santurce, recently filed for Ch. 11 bankruptcy protection, listing some $5 million in debt.
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CUD urges retailers to prepare for hurricane season
June 10, 2013
Given that several weather forecasting organizations have anticipated a very active hurricane season, United Retailers Association President Enid Monge is urging retailers to “be vigilant and have a plan” to protect their businesses against the problems arising in the wake of a storm.
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