Retail Value Inc. closed on the sale of the Plaza Palma Real shopping center in Humacao on Dec. 22, for $50 million prior to closing costs, prorations and other closing adjustments, it announced. The buyer was undisclosed. The net proceeds were used to repay mortgage debt associated with RVI. Last year, the mall marked its […]
About a month after this media outlet broke the story about Chick-fi-A’s plans to enter the local market, the chicken restaurant confirmed it will open two restaurants in late 2021 or early 2022. The restaurants will be located in the metropolitan area, with the first restaurant likely to be in Bayamón. Each Chick-fil-A restaurant will […]
Puerto Rican men’s clothing retailer Clubman unveiled its new hybrid concept that includes a virtual store and a new pick-up service at its flagship store in Santurce. The online store, which entailed a $25,000 investment to set up, features all of Clubman’s collections, from casual to formal. Shoppers can choose to pick-up their purchases at […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
