The management of the Plaza Las Américas shopping center announced the arrival of five new stores and the opening of nine new shops that began doing business in recent weeks. The new stores that will join Plaza Las Américas this year are: Reservalife, Jewelz & Co., gef France, Sumaq Silver & Jewelry and Daazh. In […]
The Retail Trade Association, known as ACDET for its initials in Spanish, announced the launch of the “Retail Academy” in partnership with National University College, representing the first online continuing education platform designed for the island’s retail workforce. “The Retail Academy is a tool to explore new market needs and offers the industry the opportunity […]
By Christine RussoSpecial to News is my Business While Puerto Rico continues to deal with the aftermath of Hurricane María, a pair of entrepreneurs are determined to bring together community through their commitment to making people happy. Palmas Del Mar had been hit particularly hard by María as it is located in Humacao – where […]
As part of its expansion plan, The House Wine, Beer & More announced the opening of two new stores, at a combined investment of $1.8 million. The first one is located in the Plaza Caparra shopping center in Guaynabo. The new 6,000 square-foot store features more than 2,600 wine labels, 750 brands of liquors and […]
Accessories etailer Tod’s recently opened its first boutique in Puerto Rico, at The Mall of San Juan. There are two large shop windows dedicated to the Tod’s women’s and men’s collections, which are presented in a unique selling space of about 2,800 square feet, organized on one floor. The store will feature the retailer’s latest […]
Argüelles, who spent 32 years working as a public relations executive in Puerto Rico, decided to phase out of that profession and shift into something completely different and in an entirely new place.
During a meeting Monday between retailers and merchants and Rep. Antonio Soto, chairman of the House Finance Committee, it was agreed that the tax has to be voided.
The new stores will generate 40 direct jobs, and are part of the company’s plans to finish the year with a total of 17 locations on the island.
Puerto Rico’s local companies have doubled their impact on the economy since 2017, becoming the island’s main source of jobs.
Fashion retailer Nordstrom Inc. announced plans to reopen its store at The Mall of San Juan on Nov. 9.
Currently, of the $1.6 billion in annual purchases from about 300 suppliers, distributors and companies located in Puerto Rico, Walmart invests around $500 million in locally manufactured or harvested products.
Executives Jorge Agüelles-Morán, president of the United Retailers Association, and Iván Báez, president of the Puerto Rico Retail Sales Association, offer their predictions for this year's holiday shopping season on the island.
Plaza Las Américas, the largest shopping center in Puerto Rico and the Caribbean, is marking 50 years of doing business on the island, where it has grown from an 800,000 square-foot mall in 1968 to a 2 million square-foot mega retail center now.
Hurricane María dealt a severe blow to the Outlet 66 Mall, which owners took to make a new start with a $62 million renovation to turn the Canóvanas shopping center into what they are calling a “retailtainment” destination.
Economists from Boston-based Reeve & Associates and San Juan-based Estudios Técnicos Inc. released a joint report, “The Impact of the Jones Act on Puerto Rico,” that concluded the Jones Act has no impact on either retail prices or the cost of living in Puerto Rico.
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