Fast food credit card purchases get more expensive
September 26, 2012
If you’ve gone to a fast-food restaurant lately and noticed a sign announcing a minimum purchase of $10 if paying with a credit card, you should know the policy responds to a federal law passed late last year regulating so-called “swipe fees,” or what merchants must pay debit card companies to process transactions.
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McDonald’s building 1st ‘green’ restaurant in Caribbean
September 26, 2012
Arcos Dorados, the company that manages the McDonald's brand in Latin America and the Caribbean, offered details Tuesday of its newest location under construction at the Plaza Guaynabo mall that will be its first eco-friendy establishment in Puerto Rico and the Caribbean.
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Taubman breaks ground on $405M upscale Mall of San Juan
September 21, 2012
Taubman Centers Inc. and New Century Development broke ground Thursday on the 650,000-square-foot Mall of San Juan, the island's first luxury retail development that will feature the first Saks Fifth Avenue and Nordstrom in the Caribbean.
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Anna’s Linens continues Puerto Rico expansion with 3 new stores
September 6, 2012
Home goods retailer and market newcomer, Anna’s Linens, is following up “historic sales records” at its first two local stores with the opening today of three new locations in Caguas, Bayamón and Arecibo, company officials said Wednesday.
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Retail sales up 2.24% in 1st semester of ’12
August 28, 2012
Puerto Rico’s retail activity showed a positive upturn during the first six months of the year, totaling $17.5 billion, or a 2.24 percent increase over the same period in 2011, government agency Puerto Rico Trade and Export announced Monday.
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Piccolo e Posto owners ask court to dismiss personal liability claim
August 27, 2012
Lorraine Enterprises Inc., the owners of Guaynabo restaurant Piccolo e Posto, have filed a motion for reconsideration at the U.S. District Court for Puerto Rico regarding a recent judgment ordering them to pay close to $130,000 in pending minimum wages as well as $1,472 in outstanding overtime to 26 workers for violations of the Fair Labor Standards Act.
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Piccolo e Posto owners ordered to pay $130K in held wages, overtime
August 22, 2012
The owner of Piccolo e Posto restaurant in Guaynabo will have to pay close to $130,000 in unpaid minimum wages as well as $1,472 in unpaid overtime to 26 workers for violations of the Fair Labor Standards Act.
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Selectos moving into Ciudadela with $5.5M store
August 21, 2012
Despite the difficult economic climate enveloping Puerto Rico, Selectos Supermarkets is betting on growth: on Thursday it will inaugurate a new store in the heart of Santurce, the fifth one to open in a year when the grocery chain expects to reach $600 million in sales, on par with 2011.
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Walmart opens first in-store health clinic in Barceloneta
August 16, 2012
In response to its customer's health needs, Walmart Puerto Rico announced Wednesday the opening of its first in-store health clinic on the island, at its Barceloneta Supercenter.
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Buffalo Wild Wings to open 4 local restaurants
August 8, 2012
With more than 835 restaurants in the United States and Canada, Minnesotta-based Buffalo Wild Wings announced plans to expand its footprint outside North America by opening four restaurants in Puerto Rico by 2016.
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Spanish fashion retailer Massimo Dutti to open 1st store in P.R., Caribbean
August 3, 2012
Spanish fashion retailer Massimo Dutti will be opening its first store in Puerto Rico at the Plaza Las Américas shopping center in Hato Rey, marking its foray into the island and the Caribbean region, News is my Business learned.
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The Swiss Cake bakery closes after 36 years
July 26, 2012
More than three decades after opening its doors in Hato Rey, Puerto Rican bakery The Swiss Cake has closed and filed for Chapter 7 bankruptcy protection to liquidate its assets.
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New local pretzel chain to open first store in November
July 25, 2012
A taste of Germany is coming to Puerto Rico as Emma’s Famous Old German Pretzels & Bakery Sweets is planning to open its first store in November at the new Plaza Los Palacios Shopping Center in Toa Alta.
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Plaza Del Caribe embarks on $3.5M food court makeover
July 20, 2012
Plaza Del Caribe will soon begin the $3.5 million remodeling and expansion of its "Terraza Del Caribe" food court and the construction of the second Zara store in Puerto Rico.
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Office Depot Foundation to donate 2,500 ‘sackpacks’ to island students
July 17, 2012
The Office Depot Foundation will help children throughout Puerto Rico to get ready for the new school year by donating 2,500 colorful new “sackpacks” to 12 nonprofit organizations and schools during an event slated to take place Thursday, the retailer announced.
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