Puerto Rico Premium Outlets in Barceloneta is adding several new retailers to its tenant mix in coming months, including new market arrival Forever 21 Red, the clothing company’s lower-priced sister.
Global biopharmaceutical company AbbVie announced Wednesday the expansion of its Barceloneta plant, at a cost of $30 million, to add to Puerto Rico’s capabilities as a manufacturing destination for biotechnology.
Restaurants Operators Inc., owners of the Olive Garden franchise in Puerto Rico, announced Wednesday the start of construction of its third restaurant, representing a $3 million investment in the northern town of Barceloneta.
As part of a global effort to better align manufacturing capacity with the future needs of its business, Pfizer announced Wednesday the phased shutdown of its Barceloneta manufacturing plant by the end of 2017.
Three years after entering the Puerto Rico market, Cousins International Food Corp., franchisees of the International House of Pancakes concept, better known as IHOP, has filed for Chapter 11 bankruptcy protection for its two restaurants in Caguas and Barceloneta.
In response to its customer's health needs, Walmart Puerto Rico announced Wednesday the opening of its first in-store health clinic on the island, at its Barceloneta Supercenter.
The towns of Moca, Manatí, Jayuya, Canóvanas and Barceloneta have been assigned a combined $405,312 by the U.S. Department of Agriculture to make critical repairs and improve housing conditions for low- and very-low-income rural residents.
“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.
A ‘wait-and-see’ approach may serve the Fed, but not consumers.”
— Leslie Adames, director of analysis and economic policy, Estudios Técnicos
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