MIDA: Consumers cut monthly grocery spending by 14%
May 13, 2015
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.
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Sea Star ramps up service amid growing local concern
March 31, 2015
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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Gov. talks Treasury overhaul, submits tax reform bill
February 12, 2015
Gov. Alejandro García-Padilla announced Wednesday the restructuring of the Puerto Rico Treasury Department, as well as offered details of the administration’s proposed tax reform expounded in a 1,400-page bill submitted at the Legislature late in the day.
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Consumer X-Ray: Buyers want more than better prices
July 11, 2014
Although the price of goods is still a determining factor, Puerto Rico consumers are demanding more elements to complete their in-store experience at the time of making their purchases.
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’14 Consumer X-Ray: Shopper attitudes vary by region
June 24, 2014
Puerto Rico consumer attitudes vary significantly based on two factors: where they live and who they live with, with sharp contrasts reflected between people living along the island’s eastern coast and the west, according to the results of a study commissioned by the Puerto Rico Marketing, Industry and Food Distribution Chamber (MIDA for its Spanish acronym).
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MIDA sues gov’t over Puerto Rico ‘national tax’
December 19, 2013
The Puerto Rico Marketing, Industry and Food Distribution Chamber (MIDA for its Spanish acronym), filed a lawsuit Thursday against the government, asking the San Juan Superior Court to declare the so-called “national tax” unconstitutional and order the Treasury Department to immediately publish exemption regulations.
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MIDA to offer labor and employment seminar
November 7, 2013
The Puerto Rico Marketing, Industry and Food Distribution Chamber (MIDA for its Spanish acronym) is offering a labor and employment seminar.
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MIDA warns national tax will hike prices, end businesses
October 1, 2013
Thousands of jobs, businesses and consumer pockets are being threatened by a new national tax included in the Tax Burden Redistribution and Adjustment Law, which the Marketing, Industry and Food Distribution Chamber warned Monday could have “devastating effects.”
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MIDA: Puerto Rico consumers have ‘adapted’ to crisis
June 21, 2013
Puerto Rican consumers in charge of making household food purchases are increasingly adapting their buying strategies to their economic circumstance, buying more generic or private-label goods, using manufacturers coupons and adding longer-lasting frozen foods to their shopping list.
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Caribbean Produce gets MIDA, CofC nods
June 12, 2013
Family-owned industry Caribbean Produce has been recognized twice this month as distributor of the year and among Puerto Rico’s 100 outstanding companies, by the Marketing, Industry and Food Distribution Chamber (MIDA by its initials in Spanish), and the Puerto Rico Chamber of Commerce (CofC), respectively.
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Consumer X-Ray: Puerto Rico buyers savvier, more strategic
May 29, 2013
The 21st edition of the Marketing, Industry and Food Distribution Chamber’s “Consumer X-Ray” study shows a Puerto Rican consumer who has evolved and adapted to an economic crisis that is not yet over, to become a “strategic, savvy buyer.”
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Op-Ed: Demographics changing what, when, how food is consumed
December 19, 2012
MIDA, the Marketing, Industry and Food Distribution Chamber, recently offered its members the results of a study on the situation of the industry. The study included a survey of 28 industry leaders who delved into the impact that demographic changes are having on the purchase and consumption of food.
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Puerto Rico’s food sector optimistic despite threat of ‘double-dip’ recession
December 13, 2012
Puerto Rico’s food industry eliminated 3,000 jobs during the 12-month period ended August 2012 and is bracing for the effects of a double-dip recession that could thwart sales, at least during the first half of 2013.
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MIDA study reveals growing consumer frugality
July 13, 2012
Mass migration of Puerto Rico residents, the struggle to find value propositions, the variety of affordable meals at fast food restaurants, the lack of product accessibility, and empty shelves have been determined as reasons why local shoppers are spending 10 percent less on their monthly grocery bills, a study by the Marketing, Industry and Food Distribution Chamber, known as MIDA, revealed Thursday.
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MIDA’s Consumer X-Ray study shows shoppers mindful of their pockets
June 13, 2012
Puerto Rico consumers reduced their monthly grocery spending by 10 percent year-over-year to $507 in 2012 from $561 in 2011, marking the first time a drop has been registered since 2005, the Marketing, Industry and Food Distribution Chamber, known as MIDA, said Tuesday.
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