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.
The arrival of Red Lobster, Olive Garden and more Longhorn Steakhouse eateries to Puerto Rican shores will represent the creation of some 2,000 new jobs and investments of about $36 million by 2017.
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QUOTE OF THE WEEK:
“After 10 years of Act 247-2015 [Law for the Promotion of Reusable Bags and the Regulation of the Use of Plastic Bags], we must seriously examine whether public policy has produced the expected effects.
We need to see the full picture: protecting the environment, weighing costs for consumers and ensuring viability for retailers. Our duty is to consider amendments or new strategies that bring a fair and effective balance for Puerto Rico.”
— Sen. Nitza Morán, chairwoman, Puerto Rico Senate Committee on Economic Development, Small Business, Banking, Commerce, Insurance and Cooperativism
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