Fragrance and body care retailer Bath & Body Works is moving full steam ahead with plans to make its debut in Puerto Rico, where it will reportedly open three stores, two of them before year’s end — earlier than initially announced.
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.
In a letter sent Wednesday to Puerto Rico lawmakers, Virginia-based trade group Retail Industry Leaders Association members warned that a proposed gross receipts tax amendment would have “devastating effects” for retailers doing business on the island.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
