A little more than five years after making its debut in Puerto Rico, luxury retailer Nordstrom will close its only store at The Mall of San Juan, as it downsizes in response to the impact the COVID-19 has had on its operation. “Our goal is to best position ourselves to serve customers in each market […]
The mall operators also said foot traffic to the center is up 20 percent year-over-year.
Fashion retailer Nordstrom Inc. announced plans to reopen its store at The Mall of San Juan on Nov. 9.
Taubman Centers Inc., owners of a 95 percent stake at The Mall of San Juan, warned in its 2017 annual report that it may not fully recover the losses related to Hurricane María, and anticipated that if a major tenant or anchor store does not reopen, others may follow.
Fashion retailer Nordstrom Inc. remained mum on when it will reopen its only store in Puerto Rico, which a company spokeswoman confirmed experienced “extensive damage” from Hurricane María last September.
Taubman Centers Inc., owners of The Mall of San Juan, announced the shopping center will reopen at 11 a.m. Oct. 19. The center has been closed since Sept. 19 due to the impact of Hurricane María.
High-ranking executives from Taubman and New Century Development, Inc. — developers of the $475 million The Mall of San Juan retail complex — will be on hand today to offer a sneak peek of the property to members of the media, a day before it officially opens for business.
The two anchor tenants at The Mall of San Juan, Saks Fifth Avenue and Nordstrom, offered a sneak peek on Monday into their first stores in Puerto Rico, both representing the lap of retail luxury.
In less than 90 days, Puerto Rico will become the official home to one of the most high-end shopping centers in the Caribbean, with the opening of the Mall of San Juan and its long list of luxury retailers.
Top management changes are in order at some of Puerto Rico’s most prominent businesses, namely an ad agency, a major retailer and a hotel.
Taubman Centers and New Century Development Corp. announced Tuesday that $400 million The Mall of San Juan upscale retail project will have its grand opening in two years, on March 26, 2015.
Taubman Centers Inc. and New Century Development broke ground Thursday on the 650,000-square-foot Mall of San Juan, the island's first luxury retail development that will feature the first Saks Fifth Avenue and Nordstrom in the Caribbean.
Taubman Centers, Inc. announced Thursday that construction will begin this summer on the $405 million, 640,000-square-foot luxury shopping center formerly known as Plaza Internacional, now re-named The Mall of San Juan, located just off the Teodoro Moscoso Bridge in San Juan.
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