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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Pretzel, cookie chains entering market in coming months
July 16, 2012
Puerto Rico’s franchise market will welcome two new players in coming months, with the arrival of Pennsylvania-based Auntie Anne’s Pretzels and Atlanta-based Great American Cookies.
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MIDA study reveals growing consumer frugality
July 13, 2012
Mass migration of Puerto Rico residents, the struggle to find value propositions, the variety of affordable meals at fast food restaurants, the lack of product accessibility, and empty shelves have been determined as reasons why local shoppers are spending 10 percent less on their monthly grocery bills, a study by the Marketing, Industry and Food Distribution Chamber, known as MIDA, revealed Thursday.
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Stateside shopping center trade group taps local architect for key committee
June 14, 2012
Puerto Rico has more than 100 shopping malls, which generate about 20 percent more sales per square foot than their counterparts on the U.S. mainland.
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