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Small store sales approaching $500 per square foot confirmed that Montehiedra was a premier shopping destination in Puerto Rico. [ 4 ] [ 5 ] On November 8, 2003, it was reported that Marshalls had opened its fifth megastore in Puerto Rico , a 56,000 square foot outlet at the Montehiedra Town Center, with 100 employees, said Angelo Mercado, the ...
The mall at this point hosted 73 stores and 53 corridor modules (kiosks), climbing to No. 268 on the Caribbean Business's list of Top 400 Locally Owned Companies, and was among the top 15 largest shopping centers in Puerto Rico. [12] In September 2017, Hurricane María dealt a severe blow to the mall. The owners responded with a $62 million ...
At the time announcement, Sears Hometown and Outlet Stores had 491 Hometown stores and 126 Outlet stores in 49 states, Puerto Rico and Bermuda. [ 1 ] In August 2019, Franchise Group, the parent of Liberty Tax, announced plans to acquire Sears Outlet division from Sears Hometown and Outlet Stores to help fulfill Transform Holdco's requirement in ...
Kmart and Sears stores were expected to continue operating as they were, said Wells, adding that Puerto Rico was a great market for both brands at the time. Sears operated 10 stores in Puerto Rico with $400 million in gross sales for 2003 and Kmart had 21, with an estimated $350 million in gross sales for 2003.
American Freight Appliances & Furniture, or American Freight, was an American retail furniture chain founded in Lima, Ohio in 1994. The company was acquired in 2020 by Franchise Group and combined with former Sears Surplus and Sears Outlet stores under the American Freight name.
This included a store at the Plaza del Carmen Mall which was scheduled to open by April 2002, Radio Shack stores averaged 2,500 square feet at the time. [ 24 ] By 2004, with the opening of Pitusa in the former González Padín space, and openings of offices, the mall was able to rebound somewhat economically as a mixed-use center.