Just in time for the holidays and with the goal of keeping up with changing consumer shopping trends, Kmart Puerto Rico recently opened a new store concept in Puerto Rico called "Kmart Express," where it offers only the merchandise with more demand at regular Kmart stores.
Walmart Puerto Rico is pushing ahead with its goal of expanding its support of local agriculture with the addition of locally harvested white button mushrooms purchased from from Aibonito-based Setas de Puerto Rico Inc.
Off-price retailer T.J.Maxx is marking its first anniversary of operations in Puerto Rico with the opening of three new stores in Carolina, Ponce and Caguas, on Nov. 10.
Puerto Rico imports a staggering 80 percent of all of the food that its nearly four million residents consume, a fact that compels thought and strategy on how to ensure there will be enough to go around now and in the future.
San Juan metropolitan area cable provider OneLink Communications stepped up Wednesday in support of Choice Cable’s decision to file a complaint against Puerto Rico Telephone (Claro) for what it claims to be an illegal build-out of its Internet Protocol Television network.
In the wake of the success it has had since its arrival to the Puerto Rico market, retailer New Jersey-based Burlington is moving forward with expansion plans for 2012, with the opening of at least two new stores, high-ranking company officials confirmed Wednesday during a meeting with members of the local media.
Apple authorized reseller iShop Puerto Rico is marking its first year on the island by giving local consumers the ability to buy equipment and devices on credit, upon reaching an agreement with direct financing with GE Money, Mariemma Monroig, general manager of the retail chain said Friday.
After failed attempts to convince online retailer Amazon to reinstate its free shipping option to Puerto Rico, the Consumer Affairs Department is preparing to file a lawsuit against the Seattle, WA-based company for discriminatory practices, News is my Business confirmed Tuesday.
Shopping center operators, such as DDR Corp., that manage a sizeable portfolio of malls are looking more toward remodeling existing properties rather than building new ones from scratch — a trend that will likely stick for the next two or three years, John Kokinchak, senior executive vice president of the company told News is my Business in a recent interview.
Walmart Puerto Rico is pushing forward with its expansion plans on the island, revealing plans to build a Supercenter in Toa Baja entailing a $25 million investment.
DDR Corp. announced Monday plans to redevelop four shopping centers in Puerto Rico – Plaza del Sol and Rexville Plaza in Bayamon, Plaza del Norte in Hatillo and Plaza Escorial in Carolina, at a cost of $50 million.
Walmart Puerto Rico is investing $11 million to add 30,000 square feet of new space to the Humacao store that anchors the eastern town’s Plaza Palma Real mall, company officials confirmed Wednesday. The remodeled store will be re-inaugurated Dec. 8.
Plaza del Caribe Mall in Ponce will wrap up 2011 with four new tenants, including the second CompUSA location on the island, mall executives announced Thursday.
The list of once thriving companies dragged under by Puerto Rico's long-running recession and the tightening of the bank credit spigot keeps growing longer. The recent demise of Rigual Inc., a popular wholesale/retailer of floral and party supplies based in a quiet San Juan neighborhood for 61 years, is just one more example of how the ongoing economic climate can undo decades of success and hard work by management and employees.
Puerto Rico’s first Victoria’s Secret location will open in about six weeks, capping years of anticipation for the retailer’s arrival. The buzz is that the nearly 14,000 square-foot store will go “live” Nov. 17.
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