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Old 04-25-2018, 01:14 PM
 
Location: Queen Creek, AZ
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With Sears in financial straits, I was wondering, could Kohl's come to Puerto Rico to fill in the void? Kohl's is currently one of the most financially stable department stores, and I think could be successful in Puerto Rico if Sears were to go under.
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Old 04-25-2018, 01:35 PM
 
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Any business to open a chain there would have to come under Act 20 and Act 22. It's the only way for a chain business to make money there.

That's why you don't see many stateside chains in Puerto Rico. No Chick Fil A, no Jimmy John's, no Red Lobster.

There is no Qdoba Mexican Grill in Puerto Rico.

No Ruby Tuesday's, Godfather's Pizza, no Whataburger or Pei Wei Asian Diner.

There is no Cinnabon in Puerto Rico.
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Old 04-25-2018, 02:47 PM
 
Location: On a Long Island in NY
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Quote:
Originally Posted by Chloe's Choice View Post
Any business to open a chain there would have to come under Act 20 and Act 22. It's the only way for a chain business to make money there.

That's why you don't see many stateside chains in Puerto Rico. No Chick Fil A, no Jimmy John's, no Red Lobster.

There is no Qdoba Mexican Grill in Puerto Rico.

No Ruby Tuesday's, Godfather's Pizza, no Whataburger or Pei Wei Asian Diner.

There is no Cinnabon in Puerto Rico.
Cinnabon, Ruby Tuesday's, Red Lobster, and Jimmy John's all exist on the island.

The only chains that don't exist on the island are the places like Panera or Chipotle that are too expensive for the average resident. Regional chains like Whataburger, Chik-fil-A, and In-and-Out don't even exist in NY muchless Puerto Rico.
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Old 04-25-2018, 04:09 PM
 
Location: Queen Creek, AZ
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I'm really not sure if chain restaurants are a fair comparison with department stores. Kohl's competes roughly in the same price range as JCPenney, and Puerto Rico has historically been a strong market for JCPenney (although in the last year their performance has been affected by the hurricane).
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Old 04-25-2018, 06:25 PM
 
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What Puerto Rico needs now is high end stores. Not a Kohls.
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Old 04-26-2018, 08:45 AM
 
Location: Queen Creek, AZ
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Originally Posted by Chloe's Choice View Post
What Puerto Rico needs now is high end stores. Not a Kohls.
But can most people in Puerto Rico really afford those stores? Not sure if higher end stores would really do well in Puerto Rico. Kohl's competes in the same segment as JCPenney, which historically has done well in Puerto Rico.
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Old 04-26-2018, 04:57 PM
 
410 posts, read 107,784 times
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Quote:
Originally Posted by WIHS2006 View Post
Cinnabon, Ruby Tuesday's, Red Lobster, and Jimmy John's all exist on the island.

The only chains that don't exist on the island are the places like Panera or Chipotle that are too expensive for the average resident. Regional chains like Whataburger, Chik-fil-A, and In-and-Out don't even exist in NY muchless Puerto Rico.
Chik-fil-A have places and building places in NYC and up state new york
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Old 04-30-2018, 10:26 AM
 
Location: Queen Creek, AZ
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One thing that might be a selling point for Kohl's in Puerto Rico would be the Marc Anthony line, which Kohl's is the exclusive retailer.
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Old 04-30-2018, 11:14 AM
 
7,964 posts, read 3,862,498 times
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Originally Posted by Pink Jazz View Post
But can most people in Puerto Rico really afford those stores? Not sure if higher end stores would really do well in Puerto Rico. Kohl's competes in the same segment as JCPenney, which historically has done well in Puerto Rico.
When high-end stores are brought into locations like this, it's not for the benefit of the locals. It's to help drive shopping tourism.

You think Guamanians can afford Louis Vuitton, Tiffany, Bulgari, or Gucci? But it sure has helped the economy.
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Old 04-30-2018, 12:30 PM
 
9,062 posts, read 3,053,826 times
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Quote:
Originally Posted by Pink Jazz View Post
With Sears in financial straits, I was wondering, could Kohl's come to Puerto Rico to fill in the void? Kohl's is currently one of the most financially stable department stores, and I think could be successful in Puerto Rico if Sears were to go under.

Sears always does well in Puerto Rico (don't ask me why but they do) a long history in P.R. and Puerto Ricans comeback. Loyal customers.

Sears offers a lot more than Kohls from Auto service, Auto parts, kitchen appliances, yard equipment and a lot more. I don't see the comparison with Kohls. Even the clothing department Kohls is more expensive than Sears.

you like Kohls that much or work for them that you started this topic?
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