Plaza Las Américas makes a move for Borders’ location
September 7, 2011
Plaza Las Américas will submit an offer before the U.S. Bankruptcy Court for the Southern District of New York to retain the space that will soon be vacated by Borders bookstore, as part of its liquidation process, the mall’s management said Wednesday in what seems like a surprise move.
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Plaza Las Américas Borders lease to be auctioned Sept. 20
September 6, 2011
The Plaza Las Américas Borders bookstore will be auctioned by a New York bankruptcy court on Sept. 20, opening the door for a group of local investors headed by entrepreneur Amaury Rivera to pick up the lease for the once thriving operation.
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Boston court puts chill on ice cream distributors’ legal fight
September 3, 2011
A legal fight between two Puerto Rico ice cream distributors was frozen in its tracks this week by the U.S. District Court of Appeals in Boston, when Chief Judge Sandra L. Lynch dismissed a lawsuit brought on by Sterling Merchandising, Inc., distributor of Edy’s and other brands, against Nestlé Puerto Rico Inc.
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DACO opens new office to pursue stateside retailers shunning P.R.
September 1, 2011
In an effort to safeguard the rights of all consumers living in Puerto Rico against illegal and discriminatory practices by companies that offer goods and services, especially online, Consumer Affairs Secretary Luis G. Rivera Marín and acting governor, Kenneth McClintock, signed an administrative order Thursday creating the Anti-Discrimination Commercial Office.
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3rd edition of ‘Bakery & Restaurant Show’ to go on as planned
August 26, 2011
This weekend, the Puerto Rico Convention Center in Miramar will host one of the year’s most appetizing conventions, The Bakery & Restaurant Show 2011, now in its third edition. Last year, the event generated more than $10 million in sales for local industry players.
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Payless ShoeSource parent to close 475 stores, including P.R. locations
August 25, 2011
Collective Brands Inc., parent company of discount shoe chain Payless ShoeSource, will be closing 475 “underperforming and low-volume, non-strategic stores,” including an unspecified number in Puerto Rico, the company announced Wednesday upon reporting shaky second quarter results.
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BK, Pizza Hut deliver hot meals to shelters
August 25, 2011
The emergency created by Hurricane Irene as it cut across Puerto Rico over the past few days activated members of the Puerto Rico Restaurants Association, which in conjunction with the government delivered nearly 200 meals to people who were forced to seek shelter from the storm.
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Amazon slashes free shipping option to P.R., other U.S. territories
August 19, 2011
In what may seem like a case of “adding insult to injury,” Puerto Rico consumers who opt to shop online for their books via Amazon.com will find that the company is no longer offering its “Free Super Saver” shipping option to the island.
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Menchie’s frozen yogurt shop to open in P.R.
August 17, 2011
Puerto Rico’s frozen yogurt market is about to get a bit more crowded when California-based Menchie’s introduces its creamy delights at its first local shop slated to open before year's end in Guaynabo, News is my Business has confirmed.
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Retail sales remain flat in April at $2.76B
August 11, 2011
Puerto Rico shoppers kept a tight grip on their pockets during the month of April, when retail sales totaled $2.76 billion, remaining virtually flat in comparison to the same month last year.
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McDonald’s: Nutritional upgrades to apply to P.R. restaurants
July 27, 2011
The menu changes announced Wednesday by McDonald’s that call for reducing calories and adding fruit to children’s Happy Meals, as well as improving choices for adults, will apply to Puerto Rico’s restaurants, operator Arcos Dorados said.
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Office Depot Foundation to donate 1,500 new backpacks to local school children
July 27, 2011
The Office Depot Foundation, Office Depot’s independent charitable division, will donate 1,500 new backpacks for Puerto Rico students through its National Backpack Program.
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MIDA balks at proposed Closing Law regulation easing drugstore food sale rules
July 20, 2011
The Marketing, Industry and Food Distribution Chamber expressed its opposition Tuesday to a proposal by Consumer Affairs Secretary Luis Rivera Marín to approve a regulation related to the Closing Law to allow pharmacies to sell more food items on the days that supermarkets must remain closed.
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Life Fitness opens 1st store in P.R.
July 19, 2011
Illinois-based Life Fitness, a leading commercial fitness equipment manufacturer and distributor, is opening its first Life Fitness store in Caparra area, from where it will showcases a full-line of Life Fitness cardio and strength equipment for both commercial and home use.
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Borders going-out-of-business sales to start Friday, stores to close by September
July 19, 2011
Borders Group, parent of the U.S. mainland’s once-dominant book retailer, is marking the final chapter of its 40-year history by seeking the U.S. Bankruptcy Court’s approval Friday to sell itself off to a liquidator, a decision that is expected to immediately trigger a going-out-of-business sale that will wrap up sometime in September.
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