Health-conscious fast-food chain UFood Grills to open in P.R.
May 23, 2011
Healthy fast-food restaurant UFood Grill is poised to enter the local market later this year with the first of eight planned locations in Puerto Rico, Boston-based UFood Restaurant Group Inc. announced.
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Edible Arrangements planning to open 5 more stores in P.R.
May 19, 2011
Edible Arrangements, the specialty shop known for its hand-sculpted, fresh-fruit arrangements, announced an aggressive expansion plan to open 350 stores through 2012, of which at least five will be located in Puerto Rico, News is my Business has learned.
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Women’s Affairs Advocate, Best Buy team up to fight domestic violence
May 19, 2011
The Women’s Affairs Advocate and Best Buy have joined forces to combat the escalating problem of domestic violence against women, of which there were 16,000 reported cases on the island last year.
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Bricks 4 Kidz franchise opening in Guaynabo, Villa Fresh Italian Kitchen expands
May 17, 2011
Bricks 4 Kidz, a franchise concept developed in 2010 that focuses on development activities for children using Lego bricks, will be opening its first location in Guaynabo later this year.
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Retailers: P.R. must remain efficient to endure rising food prices
May 5, 2011
The links that make up Puerto Rico’s food chain — shippers, distributors and retailers — need to become as efficient as possible to keep costs in check as external pressures continue mounting and threatening the price and availability of products.
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Bankrupt El Amal liquidating inventory; company president says unfair competition broke business
May 4, 2011
Nearly three months after abruptly closing down its local drugstore chain and filing for Chapter 11 bankruptcy protection, El Amal is liquidating the inventory it has left, the company in charge of the transaction announced in an ad published Tuesday.
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Walmart breaks ground on $50.2M Santurce Supercenter
May 4, 2011
Accompanied by Gov. Luis Fortuño and other government officials, retailer Walmart broke ground Wednesday on the new Supercenter it plans to build in the heart of Santurce, through a $50.2 million investment.
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Groupon launching deal-of-the-day service in P.R.
May 1, 2011
Groupon, the wildly popular e-commerce website that offers deep discounts on "the best stuff to eat, see and buy," is launching its deal-of-the-day service in Puerto Rico on May 9, News is my Business learned.
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Wal-Mart Puerto Rico names new GM
April 28, 2011
Wal-Mart Stores Inc. announced Thursday the appointment of Jaime Fernández Palacios as general manager for the Puerto Rico region, where the retailer operates 55 Walmart, Sam’s Club, Amigo and Súper Ahorro stores.
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Victoria’s Secret eyes P.R. as part of int’l expansion
April 22, 2011
Ohio-based retailer Limited Brands is looking to open its first Victoria’s Secret location in Puerto Rico, after years of serving local customers exclusively via online and catalog orders. The store is slated to open in Plaza las Américas in Hato Rey.
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Old San Juan Hard Rock Cafe closing today
April 22, 2011
Nearly two decades after arriving on the island with its famous burgers, rock 'n' roll music and iconic memorabilia, Hard Rock Cafe will be closing its Old San Juan restaurant effective today, company officials announced Friday.
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Retailers report slight growth in ’10, rising cost of food, gas likely cause
April 20, 2011
The island’s retail sector ended 2010 with a slight 1.85 percent year-over-year increase, generating more than $2.3 billion in activity. However, the rising costs of food, gasoline and medicines, coupled with the influx of federal funding, could explain the spending growth.
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Wal-Mart, Health Dept. team up to run free vaccination clinics
April 20, 2011
Wal-Mart and Sam’s Club are joining forces with the Health Department in a vaccination drive for children and youth between the ages of two months and 18 years. The health clinics will take place April 25-30 at stores throughout the island.
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MasterCard sees consumer confidence rebounding
April 5, 2011
Mario Pérez (Credit: © Mauricio Pascual) Puerto Rican consumers appear to be getting their confidence back, at least when it comes to swiping their MasterCard at the cash register. Such is the conclusion that Mario Pérez, general manager for MasterCard’s Caribbean region, offered based on last quarter’s performance levels on the island and throughout Latin […]
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Borders Carolina store closing April 15
April 5, 2011
Time is running out for the Borders bookstore in Carolina, which is set to close on April 15 — just two weeks shy of the contractual deadline that Illinois-based Hilco Merchant Resources, LLC has to finish liquidating as much as it can from the stores destined to close.
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