Puerto Rico retailers and the government are losing some $490 million in annual revenue as a result of shoplifting and organized crime, members of the Puerto Rico Marketing, Industry and Food Distribution Chamber said Wednesday.
Puerto Rican consumers have reduced the how much they spend on monthly groceries by 14 percent, to $425 from $492, representing a major challenge to local retailers, this year’s edition of the Puerto Rico Marketing, Industry and Food Distribution Chamber’s Consumer X-Ray study revealed.
Maritime cargo operator Sea Star Line, LLC announced Monday it has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico, which responds to escalating concerns from government and private sector components over the lack of goods in the last few weeks.
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