Puerto Rico’s retail sales exceeded $3 billion in March 2021, reflecting a 49.6% year-over-year increase, the Department of Economic Development and Commerce (DDEC, in Spanish) confirmed. The agency’s most recent retail sales report shows this is the 10th consecutive sales increase recorded at an annual rate. Sales for March 2020 were recorded at a little […]
Puerto Rico’s retail activity was bustling in February, when they grew by 13% in comparison to the same month in 2020. The Department of Economic Development and Commerce’s (DDEC, in Spanish) Retail Sales Report showed sales reached $2.6 billion. This is the ninth recorded increase in sales at an annual rate, all consecutively and the […]
The COVID-19 pandemic has represented significant losses for businesses in Puerto Rico, and upcoming Mother’s Day sales may not be the exception, local retailers confirmed. However, executives interviewed by News is my Business confirmed that sales will be in hybrid format — with at least 40% of the activity taking place online. “This year, we’ve […]
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