Monday, November 28, 2022

All posts tagged "retail"

  • Drone Alone: The Changing Face of Retail in Puerto Rico

    Double-digit economic contraction, massive population loss, rise of e-commerce keep retail flat

    • Posted April 14, 2016
  • US Gains 215,000 Jobs in March, Unemployment Rises to 5 Pct.

    Steady hiring spurs More job hunts

    • Posted April 1, 2016
  • Puerto Rico’s Lost Decade

    A Series on Economic Decline Unbeknownst to the vast majority of Puerto Rico residents, a two-week partial government shutdown in May 2006 would mark the official beginning of the long-running economic contraction that hits its 10th anniversary...

    • Posted February 18, 2016
  • Zaragoza Accepts Blame For Delay In Audit Of Government Finances

    SAN JUAN — Treasury Secretary Juan Zaragoza admitted Thursday that the reason the accounting firm KPMG has not finished an audit into the government’s finances for 2014 is because the government has failed to give the company all the necessary documents...

    • Posted February 5, 2016
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  • Wal-Mart Civil Trial Challenging Transfer-Pricing Tax Gets Underway

    Wal-Mart Civil Trial Challenging Transfer-Pricing Tax Gets Underway The civil trial in the lawsuit that Wal-Mart Puerto Rico filed against the commonwealth government over the hike in the transfer-pricing tax got underway this week at the federal...

    • Posted February 5, 2016
  • Russian Economy has Worst Year since Global Financial Crisis

    MOSCOW – Russia’s economy shrank 3.7 percent in 2015, the worst drop since the depths of the global financial crisis, as the country struggled with a drop in the price of its oil exports and international sanctions,...

    • Posted January 25, 2016
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  • Holiday Sales Report Shows Challenge for 2016

    NEW YORK – Holiday shoppers flocked online during the critical holiday shopping season, but overall sales in November and December were disappointing. Sales rose 3 percent to about $626.14 billion, according to The National Retail Federation. That’s...

    • Posted January 15, 2016
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  • US Retail Sales Dipped in Dec.; Low Gas Prices Key Factor

    WASHINGTON – Americans tapered off from shopping toward the end of the holiday season, while lower gasoline prices cut into overall retail sales in December. The Commerce Department said Friday that retail sales dipped a seasonally adjusted...

    • Posted January 15, 2016
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  • Chiquitín Closes Shops in Puerto Rico

    Kids’ shoe store chain Chiquitín announced Tuesday it is closing its stores in Puerto Rico, after 40 years of operation. The locale in the Plaza Las Américas shopping center, in San Juan’s Hato Rey district, closed Sunday,...

    • Posted January 12, 2016
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  • GameStop to Close Puerto Rico Stores

    SAN JUAN – Video game retailer GameStop announced it will close its more than 40 Puerto Rico stores in March, attributing the decision to the additional impositions and taxes levied by the government. About 400 employees will...

    • Posted January 11, 2016
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