Nordstrom, Gap to reopen at The Mall of San Juan
September 26, 2018
Fashion retailer Nordstrom Inc. announced plans to reopen its store at The Mall of San Juan on Nov. 9.
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Walmart Puerto Rico to boost local product purchases by $20M in 5 years
September 20, 2018
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.
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Perspectives and predictions for this year’s holiday shopping season
September 4, 2018
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.
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Plaza Las Américas marks 50 years of growth, change
August 29, 2018
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.
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The Outlet 66 Mall gets $62M makeover to become ‘retailtainment’ mecca
August 3, 2018
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.
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Report finds retail prices in P.R. unaffected by Jones Act
July 19, 2018
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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La Esquina Famosa returns to Plaza Las Américas after 10-yr. hiatus
June 13, 2018
Well-known Puerto Rican men's clothing store La Esquina Famosa has returned to Plaza Las Américas after a 10-year, investing $250,000 to open its newest location that is the sixth location for the retailer.
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Furniture stores, gas stations stimulate P.R.’s retail sales
May 29, 2018
Puerto Rico’s retail sales for the month of January 2018 totaled $2.8 billion, representing a 6.7 percent growth when compared to the same period in 2017, when total sales were $2.6 billion.
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Popeyes Louisiana Kitchen invests $3M to open 15th restaurant in P.R.
May 21, 2018
Best known for its Louisiana spicy cuisine, Popeyes Louisiana Kitchen announced the opening of its 15th restaurant in Puerto Rico since they first started operations on the island 13 years ago.
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Retail Sales Assoc. lobbies for end of inventory tax as part of Tax Reform
May 15, 2018
Less than a month before the start of this year’s hurricane season, the Retail Sales Association once again urged the government to eliminate the tax on inventories as part of the Tax Reform being crafted for Puerto Rico.
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Plaza Carolina opens 45 stores, 7 mo.’s after Hurricane María ravaged mall
April 27, 2018
Simon-Plaza Carolina Mall announced the next phase of store re-openings, more than seven months after Hurricane María destroyed a significant portion of the shopping center.
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Grocer Econo launches ‘ECONOMiAPP’ consumer loyalty program
April 11, 2018
Supermercados ECONO announced the launch of “ECONOMiAPP,” a new mobile app that is part of a consumer loyalty program that offers conveniences such as accumulating points and discount coupons, among other perks.
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Burlington Stores to reopen Canóvanas store this week, 5 more in ’18
April 3, 2018
Burlington Stores announced it will re-open its Canóvanas store April 6, six months after Hurricane María caused severe damage to it, as well as to the retailer’s 10 other Puerto Rico locations.
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Retailers: Normalcy returning 6 mo.’s after Hurricane María disruption
March 20, 2018
Representatives from Puerto Rico’s retail sector confirmed activity is near normalcy six months after Hurricane María generated product shortages and problems at the ports during the first few weeks after the storm.
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Overton’s owner to open store in P.R., announces it via Twitter
March 13, 2018
Marcus Lemonis, chairman of Illinois-based Camping World Holdings, announced via Twitter on Monday that the company will open an Overton’s store in Puerto Rico, “as promised.”
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