Puerto Rico retail sales up 1.7% in June
September 4, 2014
Puerto Rico’s retail sales reflected a slight 1.7 percent jump year-over-year in June, when economic activity exceeded $3.1 billion, according to data released by Puerto Rico Trade and Export Wednesday.
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Eco friendly food ware gaining foothold in Puerto Rico
August 5, 2014
Businesses throw tens of thousands of plastic cups, dishes, cutlery and containers in the garbage each day but growing interest in sustainable alternatives for food service disposables is spelling success for a small company devoted to biodegradable and recyclable food ware.
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Shoe Carnival adds stores in Bayamón, Mayagüez
July 23, 2014
Shoe Carnival in Puerto Rico is going strong with its local expansion, adding two new stores to its footprint in time for back to school.
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Yogen Früz opens location in Kmart San Patricio store
July 18, 2014
Frozen yogurt retailer Yogen Früz recently opened a new kiosk-type location at the main entrance of the Kmart store in San Patricio Plaza mall in Guaynabo, becoming the first of several planned inside the retailer, company officials said.
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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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Puerto Rico retail sales grow slightly in March, April
June 19, 2014
Puerto Rico’s retail sector reflected positive year-over-year growth in March and April, when activity grew by 2.2 percent and 1.3 percent, respectively, Puerto Rico Trade and Export informed Wednesday.
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Walmart launches Giselle Blondet’s line for Puerto Rico
May 23, 2014
Walmart Puerto Rico announced Thursday the launching of Gi, by TV personality Giselle Blondet line of beddings and jewelry. The products of this successful Puerto Rican actress and host will be sold exclusively at Puerto Rico stores.
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IHOP opens 3rd Puerto Rico location in Carolina
May 20, 2014
IHOP Restaurants, famous for its pancakes and a full menu of other breakfast, lunch and dinner choices, officially opened its third restaurant in Puerto Rico on Monday at Los Colobos Shopping Center in Carolina, in partnership with local franchisee Encanto Sunrise Inc.
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Pearle Vision looking for Puerto Rico franchisees
May 16, 2014
Pearle Vision optical retailer announced today plans to convert 11 of its neighborhood eye care centers in Puerto Rico from company-owned to licensee-owned.
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U.S. Bank closes on $320M loan for Mall of San Juan
April 29, 2014
U.S. Bank, as joint lead arranger and administrative agent, closed on a $320 million loan for The Taubman Realty Group Limited Partnership to finance the development of The Mall of San Juan, a 650,000-square-foot shopping and entertainment complex in San Juan.
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Sports Authority CEO: ‘This culture is intertwined with sports’
April 7, 2014
Sporting goods retail chain Sports Authority’s arrival to Puerto Rico coincides with a time of economic challenges for the island that also represent opportunities for a company that has been considering coming here for more than a decade.
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Shoe Carnival to showcase new brands at Caparra store
March 17, 2014
Retailer Shoe Carnival will be expanding its line of women's footwear and to celebrate it, will host the “Festival de Moda VIP Primavera 2014,” a special event on Mar. 23, at the store located in Plaza Caparra in Guaynabo, featuring all of the new brands.
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Gustos Coffee Co. invests $1M to expand retail presence
March 4, 2014
Gustos Coffee Co., producers of the Casa Grande brand of Puerto Rican-grown 100 percent Arabica coffee, is getting ready to expand its presence in the island’s retail market, investing $1 million in its operation to meet growing local demand for its aromatic home-grown java.
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NCR partners with Windsor Systems Group
February 5, 2014
Technology firm NCR recently signed an agreement with Windsor Systems Group, which has become its only retail dealer in Puerto Rico and the Caribbean.
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Electrolux Puerto Rico wraps up ’13 with 5% growth
January 29, 2014
After wrapping up 2013 with a 5 percent growth in total sales, the launch of a new line of appliances, and more than 20 new customers and distribution channels added to its portfolio, Electrolux Puerto Rico plans to hold up its business and service model this year with the goal of maintaining its operation as a major hub for the Central America and Caribbean region, company officials said.
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