Walmart to buy $1.9M in paper goods from local supplier
April 25, 2013
Walmart Puerto Rico announced Wednesday it has entered into a 12-month purchase agreement with local manufacturer Softex for $1.9 million in paper goods, which will substitute product imports, officials from both companies said.
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Restaurant association balks at end of ‘Buen Provecho’ program
April 24, 2013
The Puerto Rico Restaurant Association balked at the the Family Department's Socioeconomic Development Administration’s decision to nix the “Buen Provecho” initiative that for the past 29 months allowed the elderly, homeless and handicapped persons to use their nutritional assistance funds to buy prepared fast-food meals.
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Famous Dave’s BBQ franchise to open April 22
April 18, 2013
The authentic taste of down-home barbeque ribs and fixings will arrive to Puerto Rico in less than a week, when the first Famous Dave’s restaurant will officially open for business in Plaza Escorial in Carolina.
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The Mall of San Juan opening in March ’15
March 27, 2013
Taubman Centers and New Century Development Corp. announced Tuesday that $400 million The Mall of San Juan upscale retail project will have its grand opening in two years, on March 26, 2015.
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Karen Millen, Starbucks moving into Plaza Las Américas
February 28, 2013
British multinational women's designer clothing retailer, Karen Millen, which specializes in tailoring, coats and evening wear, will be opening its first store in Puerto Rico at the Plaza Las Américas shopping center in Hato Rey, this media outlet confirmed Wednesday.
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Walmart opens $56M Santurce megastore today
February 27, 2013
Walmart Supercenter Santurce opens its doors to the public at 6 a.m. today and the company expects between 10,000 and 12,000 visitors on its first day of business.
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Walmart opening in Santurce Feb. 27
February 18, 2013
As it readies to inaugurate its new signature store at Stop 18, Walmart is forging ahead with its plan to restructure its Puerto Rico store base by converting Walmart stores into supercenters. Another priority is buying more local products.
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1st of 20 Pollo Campero restaurants opening in Caguas
February 14, 2013
Pollo Campero, Latin America’s largest chicken restaurant chain known for its signature fried and grilled chicken and side dishes, will open its first restaurant in Caguas on Feb. 20, marking its official debut in Puerto Rico’s gastronomic arena.
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Puerto Rico still Caribbean’s leading shopping destination
February 6, 2013
With 15 million square feet of shopping center space, over 20 of U.S. and world-renowned retail brands and top shopping center operators, Puerto Rico remains the shopping Mecca of the Caribbean, according to leading experts participating in this year's 2013 ICSC Caribbean Conference, organized by the International Council of Shopping Centers (ICSC).
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Puerto Rico’s 1st Famous Dave’s eatery to open in April
February 5, 2013
The Famous Dave’s BBQ concept, which features a menu of barbequed and grilled meats, a large selection of salads, side items and sandwiches, as well as desserts, will open its first location in Puerto Rico at the Escorial Shopping Center in Carolina, franchise holder Jorge Colón-Gerena confirmed Monday.
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Red Lobster, Olive Garden, Longhorn to create 2K jobs
January 23, 2013
The arrival of Red Lobster, Olive Garden and more Longhorn Steakhouse eateries to Puerto Rican shores will represent the creation of some 2,000 new jobs and investments of about $36 million by 2017.
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P.R.’s 1st Bath & Body Works store to open in ’14
January 17, 2013
Mega-mall developer DDR Corp. announced Wednesday plans to expand its redevelopment program on the island from $50 million to $90 million, creating additional space at its four shopping centers. As a result, it will sign up new tenants, including the first Bath and Body Works store in Puerto Rico, to be located in Plaza del Sol in Bayamón.
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Orgánica Yogurt closes operations after 6 years
January 8, 2013
Six years after introducing its high-quality, Greek-style yogurt to the Puerto Rican market, Orgánica Yogurts announced its decision to close down the business effective Tuesday.
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Gatsby opens 1st store in Dominican Republic
January 3, 2013
Puerto Rican women’s apparel retailer Gatsby is keeping its international expansion plans alive through the recent opening of its new 22,000 square-foot store in the Dominican Republic, the first of at least five that are slated to open in the next four years, company officials said Wednesday.
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Puerto Rico’s food sector optimistic despite threat of ‘double-dip’ recession
December 13, 2012
Puerto Rico’s food industry eliminated 3,000 jobs during the 12-month period ended August 2012 and is bracing for the effects of a double-dip recession that could thwart sales, at least during the first half of 2013.
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