Industry groups say results hinge on inflation and promotions. #NewsismyBusiness
Private sector leaders call it a missed opportunity for reform, while mayors and municipal legislators defend the veto as essential to protect town revenues. #NewsismyBusiness
Gov. Jenniffer González said over the weekend she is evaluating the measure and is “inclined not to sign it.” #NewsismyBusiness
Groups aim to address inventory tax, regulatory costs and policies affecting business competitiveness. #NewsismyBusiness
It is estimated that Puerto Rico businesses pay about $220 million in annual inventory taxes. #NewsismyBusiness
The trade group’s summit highlighted the industry’s economic and social impact. #NewsismyBusiness
Since 2017, ACDET’s annual summit has drawn thousands of attendees. #NewsismyBusiness
The long-awaited Black Friday sales will continue a dynamic very similar to that of recent years, special sales that begin as early as Nov. 10. #NewsismyBusiness
This edition of Climbing the Corporate Ladder highlights recent executive appointments at InvestPR, the Puerto Rico Public Relations Board and the Puerto Rico Retailers Association. #NewsismyBusiness
The COVID-19 pandemic has represented significant losses for businesses in Puerto Rico, and upcoming Mother’s Day sales may not be the exception, local retailers confirmed. However, executives interviewed by News is my Business confirmed that sales will be in hybrid format — with at least 40% of the activity taking place online. “This year, we’ve […]
Changes in retail consumption habits were the focus of the Puerto Rico Retailers Association (ACDET, in Spanish) annual forum, entitled “The Next Generation of Retail, Are You Ready?” Online sales, which have picked up in response to restrictive measures taken to curb the spread of COVID-19, are forcing retailers to look at security tools and […]
The Coalition for Food Insecurity Puerto Rico, the Puerto Rico Retailers Association (ACDET, in Spanish), and the Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish) applauded U.S. House Speaker Nancy Pelosi and the House Democratic caucus on including key nutrition provisions addressing food insecurity in Puerto Rico in the newly updated HEROES ACT. […]
The Puerto Rico Retailers Association (ACDET, in Spanish) announced the results of the Collaborative Surveillance Program that the sector has integrated into its efforts to minimize the risks of COVID-19 contagion, which revealed that 96% of participating establishments are 96% compliant in their protocols. The conclusion stems from a sample involving 45,000 observations by 15 […]
The Puerto Rico Retailers Association (ACDET, in Spanish) again asked Gov. Wanda Vázquez to allow businesses to fully reopen on Sundays, saying losses experienced by workers and the government related to the protracted inactivity are already estimated at $203 million. The closing of some 7,296 retail businesses for some 20 Sundays — in accordance with […]
The Puerto Rico Retailers Association (known as ACDET, in Spanish) launched an educational campaign to create awareness among businesses and consumers calling for living “in a more serious and responsible way in our new reality of COVID-19.” The campaign was designed to urge Puerto Rico residents to not let their guards down, and for businesses […]
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