Joined by a contingent of municipal and central government officials, Walmart Puerto Rico announced Tuesday the construction of its future $31 million Supercenter store in Toa Baja, expected to open at the end of this year.
Local yogurt maker Orgánica Yogurt Inc. recently signed an agreement with Puerto Rican grocer SuperMax to begin selling its thick, creamy yogurt products at seven of the chain’s 16 stores, company officials announced.
The possibility that the federal government will give the green light to expanding Supplemental Nutritional Assistance Program benefits to include restaurants is practically zero, as Congress is looking to make funding cuts to lessen the system’s impact on the national budget.
Footwear retailer Shoe Carnival’s planned entrance into the Puerto Rico market entails opening four stores that will create between 200 and 300 new jobs before the end of the year, Todd Beurman, senior vice president of marketing for the Indiana-based company told News is my Business Tuesday.
Puerto Rico’s hardware store market is about to add a new player with the arrival of Illinois-based Ace Hardware, which recently acquired the operations of True Value de Puerto Rico and its 13 stores, News is my Business learned. The financial terms of the agreement were not available Monday.
The Florida Brewery Inc. announced late Wednesday the recall of more than 30 lots of Goya, Great Value, Hatuey, Mr. Special, Polar, and SuperMax brand non-alcoholic “malta” beverages packaged in 7-oz bottles because glass on the exterior of the bottles may break when the twist-off cap is removed and can result in cuts to the mouth.
Designer Shoe Warehouse, best known as DSW Inc., will be opening its first store in Puerto Rico this year, at Plaza Carolina.
Puerto Rico’s retail sales reached $35.3 billion in 2011, reflecting a $1 billion year-over-year growth, which government officials said Tuesday is a sign “that consumers are keeping optimistic and the island’s economy is maintaining its pace toward recovery.”
If the empty shelves and aisles at several local retail establishments is any indication, Puerto Rican consumers may be spending the same, if not more, than what they did last year to shower their loved ones with candy, flowers and jewelry this Valentine’s Day.
Walking into the “Made in Puerto Rico” restaurant in Dorado is like taking a trip back to a time when life was simpler and homemade meals were served at the dinner table to bring the family together.
The Consumer Affairs Department has issued a fine against online retailer Amazon for failing to reasonably support its decision to take the “Super Saver” free away shipping benefit from Puerto Rico consumers, News is my Business learned Tuesday.
That familiar freckled-face boy who in the 1980s personified the Payco ice cream brand is making a comeback, as parent company Payco Foods Corp. announced Tuesday the relaunching of its line of creamy frozen treats that were a favorite among Puerto Rico consumers back then.
International Meal Company is investing $22 million over the next three years to open between 12 and 15 new restaurants in Puerto Rico, split between Margaritaville, Carl’s Jr. and Red Lobster. In total, the new operations will create 1,200 jobs in 36 months, IMC CEO Javier Gavilán said during a news conference Thursday.
Wendco of Puerto Rico Inc., franchisee of the Wendy’s restaurant chain, is expanding its operations aggressively this year, with plans to invest $8.1 million to open six new locations and remodel three existing stores throughout the island.
With 17 years of experience in producing and distributing highly nutritious food under its belt, Happy Products is now ready to expand beyond the island’s institutional market and into the retail sector and abroad, company officials said during a news conference Wednesday.
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