MIDA’s Consumer X-Ray shows a 5% year-over-year drop in grocery spending
June 12, 2019
The amount of money consumers are spending on groceries a month dropped to $422, a fall of 5% versus the expenditure reported in 2018, similar to that recorded in 2015, according to the study released by the Chamber of Marketing, Industry and Food Distribution, or MIDA, as the trade group is known for its initials […]
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San Patricio Plaza ready for holiday season with remodeled stores, public areas
November 8, 2018
The San Patricio shopping center in Guaynabo confirmed it has completed the remodeling of all of its areas and is ready for the upcoming holiday season.
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P.R. millennials socialize on social media while deciding what to buy or consume
September 27, 2018
Even when the main role of social media is to connect with friends, it has an impact on the evaluation process of the brands they search for and the consumer path to purchase.
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P.R. grocer SuperMax unveils online shopping service
March 1, 2018
Puerto Rican grocery chain SuperMax unveiled a new service that will allow customers to shop online and have their purchase delivered or ready for pick-up at the store, company executives said
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Op-Ed: Saving even with rising prices after Hurricane María
November 14, 2017
It has been almost 60 days since Hurricane Maria hit the island and Puerto Rico is barely back to a resemblance to what it was prior to Sept. 20, 2017.
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MIDA’s Consumer X-Ray finds price-conscious buyers
May 10, 2017
Puerto Rico consumers have changed their priorities and frequency in purchases, focusing their expenditures on the necessary and establishments that offer the best bang for their buck, this year’s Consumer X-Ray revealed.
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Lido Jewelers opens store at The Mall of San Juan
May 5, 2017
Lido Jewelers opened its newest store at The Mall of San Juan Thursday, adding to the mix of retail tenants at the two-year-old shopping center.
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SME study: Online purchasing up 13% in Puerto Rico
April 28, 2017
Currently, some 807,000 people in Puerto Rico shop online and spend an average of $158 a year.
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P.R. consumers more savvy, shopping later in season
November 28, 2016
As this year’s holiday shopping season kicks into high gear, a recent study by the Arteaga & Arteaga advertising firm revealed that this year consumers will be more astute in their purchases, mapping out budgets and taking advantage of attractive discounts.
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SME study: 53% of P.R.’s adults scale back on purchases
October 28, 2016
More than half, or 53 percent of Puerto Rico’s adult population, confirmed in a recent study that they have stopped buying products or services because of the island’s economic situation.
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Montehiedra mall reborn as outlets after $20M overhaul
October 11, 2016
Urban Edge Properties, owners of the Montehiedra Mall in San Juan recently announced the conversion of the 600,000 square-foot shopping center into the metropolitan area’s first outlets, at an investment of $20 million.
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P.R. consumers spending 4% less on groceries this year
May 25, 2016
Puerto Rico consumers are spending 4 percent less on their groceries this year, in comparison to 2015, to $406 from $425 a month, representing the lowest out-of-pocket expenditure registered in the last decade, this year’s edition of the Puerto Rico Marketing, Industry and Food Distribution Chamber’s Consumer X-Ray study revealed.
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P.R. retail sales down 3.71% year-over-year in Jan.
April 28, 2016
Puerto Rico retail sales started 2016 in a slump, reflecting a 3.71 percent year-over-year drop in January, or $113.3 million less than what was generated during the same month in 2015, Puerto Rico Trade and Export reported Wednesday.
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Migration fuels 1.4% drop in P.R. retail sales in ’15
March 4, 2016
Retail sales reported by Puerto Rico’s commercial establishments during the January to December 2015 period reflected a 1.42 percent year-over-year drop, with sales down by $544.7 million to $37.8 billion, Puerto Rico Trade and Export revealed Thursday.
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Gov’t: P.R. retail sales show 3% YOY drop in Oct. ’15
February 10, 2016
Puerto Rico retail sales for the month of October 2015 — the most recent available from the government — showed a 3 percent drop in comparison to the same month in 2014, to $3.1 billion.
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