Systemax Inc., parent company of Tiger Direct technology and computer goods retailer, announced Wednesday it will be closing 31 of its 34 stores to focus on other revenue channels, leaving just one surviving location in Puerto Rico.
The House, Wine, Beer & More, a 6,200 square-foot haven for wine, beers and spirits lovers will open in the Condado sector of San Juan today, to offer more than 1,000 wines and sparkling wines of different wine regions and hundreds of beers and spirits from around the world, company executives announced.
Home goods retailer Anna’s Linens — which made its local debut less than three years ago — is closing three of its seven stores in Puerto Rico, this media outlet confirmed Tuesday.
Puerto Rico’s retail sale saw a $20.1 million increase in October, when activity exceeded $3.22 billion, Puerto Rico Trade and Export, the government agency that tracks this economic sector, said Wednesday.
Frozen yogurt retailer Yogen Früz is wrapping up 2014 with the addition of 14 new stores across Puerto Rico representing a total investment of $2.5 million and the creation of 400 jobs, company executives said Monday.
Plaza Las Américas and MasterCard announced Monday the four finalists chosen for the last leg of the “Journey to Business Success” initiative that will offer the winner a chance to establish a freestanding cart at the mall, free for six months, and receive a $10,000 debit card.
The Plaza Las Américas shopping center in Hato Rey is gearing up to welcome a handful of new tenants slated to open new stores in time for the Christmas season.
Looking to remain at the forefront of technological innovations, retailer Gatsby announced it has renewed its direct sales platform through a new program called “Gatsby Fashion Advisors.”
Campo Marzio, an Italian retailer with more than 80 years in business and more than 90 stores worldwide, will open its first shop in Puerto Rico, at the Plaza Las Américas shopping center in December.
More than 13 years after establishing itself on the island, Dunkin’ Donuts is pulling out of the Puerto Rico market, closing its 18 locations on the island that were operated by franchisee Wometco Donas Inc., this media outlet confirmed Wednesday.
Puerto Rico’s retail activity saw a slight dip in July, when activity was down 1.12 percent to $3.10 billion, from the $3.14 billion reported for the same month in 2013, figures released by Puerto Rico Trade and Commerce showed Thursday.
In recent weeks, new executives have moved into positions at Liberty International Underwriters and El Mesón Sandwiches, an insurance and retail operation, respectively.
Men’s Wearhouse, which last week officially marked its debut in the Puerto Rico retail market with the opening of its Plaza Carolina store is already developing a second location, this time at the San Patricio Plaza Mall in Guaynabo.
Men’s Wearhouse, one of the largest specialty retailers of men’s apparel in North America, had opened its first new store in the Plaza Carolina Mall. This store will be located in a 4,872 square feet space, on the top level next to J.C. Penney.
Ten successful Puerto Rican designers have joined forces under P.ERE, the island’s first national fashion brand, which will promote the growing fashion design market.
NIMB ON SOCIAL MEDIA