Broad opposition mounts against Senate Bill 615 telecom tax proposal
July 29, 2025
Gov. Jenniffer González said over the weekend she is evaluating the measure and is “inclined not to sign it.” #NewsismyBusiness
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CUD, ACDET partner to strengthen Puerto Rico’s retail sector
May 5, 2025
Groups aim to address inventory tax, regulatory costs and policies affecting business competitiveness. #NewsismyBusiness
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Retailers: Inventory tax moratorium is ‘right first step’ toward growth
February 14, 2025
It is estimated that Puerto Rico businesses pay about $220 million in annual inventory taxes. #NewsismyBusiness
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Puerto Rico Retailers Assoc. study shows sales grew 28% from 2019 to 2023
August 23, 2024
The trade group’s summit highlighted the industry’s economic and social impact. #NewsismyBusiness
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ACDET to reveal retail industry economic impact study
August 16, 2024
Since 2017, ACDET’s annual summit has drawn thousands of attendees. #NewsismyBusiness
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Retail Trade Association, DACO sign MOU for Black Friday, Christmas sales
November 10, 2023
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
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InvestPR, Public Relations Board, ACDET, name new execs
April 3, 2023
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
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Mother’s Day sales will be hybrid this year, retailers say
May 7, 2021
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 […]
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Retail sector must adapt to changing consumer habits due to COVID-19
March 5, 2021
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 […]
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Puerto Rico trade groups urge U.S. Congress to pass updated Heroes Act
October 1, 2020
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. […]
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Retailers are 96% compliant in preventing COVID-19 contagions in their stores
September 24, 2020
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 […]
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Puerto Rico Retailers Assoc.: Gov’t, employees have lost $203M during Sunday closings
September 10, 2020
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 […]
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Puerto Rico Retailers Association launches awareness campaign against COVID-19
August 26, 2020
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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Retailers join nonprofit to deliver aid, entertainment to earthquake evacuees
January 17, 2020
The members of the Puerto Rico Retail Trade Association (known as ACDET) and the Association of Emergency Managers and Security Professionals (known as AMEPS) joined forces to deliver entertainment for children and adults living in shelters after earthquakes hit the island’s southern region. Walgreens, Best Buy, Pepe Ganga, Walmart, Novus, Bakers, Pueblo and Sam’s Club, […]
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Retailers optimistic about upcoming holiday shopping season
November 7, 2019
Although Puerto Rico’s retail sales registered a 14% increase in 2018, it has seen a 4% drop so far this year, which is why the sector emphasized the importance of the government’s decision to pay the Christmas bonus to public employees. Gov. Wanda Vázquez confirmed this week that public employees will receive their stipend, which […]
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