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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Borders on track for liquidation, P.R. exit likely
July 15, 2011
The decision Thursday by the U.S. Bankruptcy Court judge overseeing the Borders Chapter 11 proceeding could send the bookstore chain, which still has one location left in Puerto Rico, into a liquidation of its assets.
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Sony Puerto Rico franchising retail concept, looks to open 3 new stores in ’12
July 11, 2011
Sony Puerto Rico is looking to expand its local footprint, and generate opportunities for island entrepreneurs in the process, by franchising its Sony Style retail operation to open three new stores starting late 2012, News is my Business has learned.
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MIDA resolves to defend federal nutritional aid, push for restoring $450M SNAP funding
July 10, 2011
The Marketing, Industry and Food Distribution Chamber resolved Saturday to lobby — at the local and federal levels — to protect the close to $2 billion in federal funds Puerto Rico receives to float the Nutritional Assistance Program during next year’s Farm Bill review, organization officials said during its general assembly.
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Supermarkets must focus on technology, trends, to draw consumers
July 9, 2011
The changing economy is making it a virtual requirement for the food industry, especially supermarkets and other retailers, to stay ahead of trends to attract consumers, said Phil Lempert, known stateside as the "Supermarket Guru” for his reputation as one of the leading analysts of consumer behavior trends in the food industry.
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Consumer X-Ray: Preferences defined by generation; younger shoppers price conscious
July 7, 2011
Puerto Rican consumers are clearly divided according to generations, with each reflecting unique sets of likes and tastes, as well as their own way of shopping. The commonality among all groups, however, is that they are increasingly more demanding, educated and sophisticated.
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Borders parent selling itself off at the end of the month, fate of last local store pending
July 6, 2011
The fate of the last remaining Borders bookstore in Puerto Rico will likely be known in about two weeks when its Ann Arbor, Mich.-based parent company goes to U.S. Bankruptcy Court to seek permission to sell itself. If the petition is denied, the beleaguered bookstore will have to liquidate the assets it has left, including its Plaza las Américas location.
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Plaza las Américas reshuffles tenants, adds more stores to mix
June 29, 2011
The Plaza las Américas shopping center in Hato Rey will be adding two new tenants to its mix — CH Carolina Herrera boutique and the Disney Store — by the end of the year, mall operators announced Tuesday.
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Retail sales get jumpstart in ’11
June 15, 2011
Retail sales apparently got off on the right foot this year, reflecting a 4.2 percent year-over-year increase in January, according to the latest statistics Puerto Rico Trade released Tuesday.
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Pottery Barn closing in Plaza las Américas
June 7, 2011
Just a little over three years after opening its first store in Puerto Rico, home décor retailer Pottery Barn is reportedly closing its doors at the mall.
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P.F. Chang’s China Bistro opening in Plaza las Américas
June 6, 2011
P.F. Chang’s China Bistro is making its entrance into the Puerto Rico culinary arena with the opening of its first restaurant at Plaza las Américas, local franchisee International Restaurant Services Inc. announced Monday. The two-story, 8,000 square-foot restaurant will be located at the mall’s first level, between the entrances to Borders and BBVA, with access […]
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