Morton’s The Steakhouse in San Juan Chicago-based Morton’s Restaurant Group Inc., parent company of Morton’s The Steakhouse, an upscale eatery that has called the Caribe Hilton hotel its home for the past decade, may be seeking a buyer. The restaurant operator announced last week it is exploring “strategic options,” for its 77 steakhouse restaurant chain […]

El Amal closed its doors a week ago.  (Credit: © Mauricio Pascual) Almost a week after closing down its local operation, El Amal’s parent company, A+HC Holding Inc., filed for Chapter 11 bankruptcy protection, buckling to the island’s ongoing economic problems and the banking crisis they said compounded their operational problems. This is the second […]

El Amal will open a single store on Friday. (Credit: © Mauricio Pascual) Health Department officials said Thursday they reached an agreement with the owners of El Amal to open a single store in the San Juan metropolitan area, to fulfill prescriptions that were left pending when the drugstore chain closed its doors late last […]

El Amal’s owners left only a brief note on the door to announce the closing. (Credit: © Mauricio Pascual) Local drugstore chain El Amal closed down its 22 stores Saturday, taping only a brief note on the door to explain its decision to customers. It has been reported that some 600 people will lose their […]

If predictions by the National Retailers Federation are on target, stores will be flooded with love-struck shoppers this Valentine’s Day weekend. The Washington, D.C.-based trade group is predicting that $15.7 billion in flowers and chocolates — and of course, jewelry — will fly off the shelves in what is expected to be the first major […]

Puerto Rican manufacturer Pan American Properties announced Monday it will be expanding its ready-to-drink cocktail product line, Gasolina Urban Blends, to Florida. The export plans call for teaming up with Premier Beverage, which has begun distributing the product in the southern U.S. jurisdiction, the company announced Monday. “We are very excited to introduce Gasolina Urban Blends to […]

Credit: Wikipedia Commons Puerto Rico’s retail sales for the first 10 months of 2010 exceeded $28.5 billion, reflecting a slight year-over-year growth of 1.26 percent, according to the latest figures revealed by Puerto Rico Trade on Tuesday. Through October 2009, retail sales reached $28.2 billion. Despite the overall growth, there were still several retail segments […]

The Agriculture Department announced Monday that effective Jan. 20, the price of fresh milk will increase by 10 cents a quart, meaning that consumers will pay as much as 40 cents more at the register. Agriculture Secretary Javier Rivera Aquino made the announcement made after a lengthy hearing at the U.S. District Court in San […]

Minneapolis-based retailer Best Buy Co. Inc. announced Monday the launch of its 2011 “@15 Scholarship” program, through which up to 1,200 college-bound students from the U.S. mainland and Puerto Rico can benefit from scholarships from the company. Students in grades 9-12 planning to enter college are eligible for the award program which has already distributed […]

Credit: Carlos Anguita U.S. District Court Judge Carlos Domínguez on Wednesday sided with the Puerto Rico Farm Bureau granting its petition for an increase in the price of fresh milk, to compensate for their operational costs. During a hearing, the judge ordered the Milk Industry Regulatory Office, known as ORIL, to comply with Regulation 12 […]