Puerto Rico’s retail sales reached $3 billion in August, representing a 11.5% year-over-year increase, which government officials attributed to the economic reopening in the midst of the COVID-19 pandemic. This represents the third increase reported in retail sales so far in 2020, said Department of Economic Development and Commerce Secretary Manuel Laboy, citing the agency’s […]
Having the world’s longest holiday season will work in favor of Puerto Rico-based retailers as they face a 13% drop in shopping intention this year compared with 2019, according to results from “Santa’s List 2020,” the fifth edition of the annual holiday consumer survey done by advertising agency Arteaga & Arteaga. The last big drop […]
Forty-five new suppliers, including 12 women-led companies, will have the opportunity to sell their goods at Walmart Puerto Rico’s stores, after successfully participating in third edition of the “Open Call Puerto Rico” program, which seeks to support the growth of entrepreneurs who harvest or manufacture products locally. “We continue to strongly promote Puerto Rican companies […]