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Arecibo Mall
Arecibo Mall was an enclosed shopping mall formerly located in Arecibo, Puerto Rico. At its peak it had 30+ establishments, and was anchored by a González Padín, Gonzalez Padín department store and a Sears. It is now occupied by government offices. History Opening and success: 1980s On November 27, 1981, developed by Centro Arecibo, Inc. at an investment of approximately $5 million, being financed by both Banco de San Juan and First Federal Savings and Loan Association Building, First Federal Savings, the three-level, 50 thousand square foot Arecibo Mall would initially inaugurate, some establishments would open then and others would continue to open by December of that year, 32 establishments were expected to be open by that month. It would be primarily anchored by a González Padín which had opted to use a smaller store concept than the one it had in other centers at the time, and a Sears. On its first two levels it would go on to have such establishments as Los Muchachos, ...
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Arecibo, Puerto Rico
Arecibo (; ) is a Arecibo barrio-pueblo, city and Municipalities of Puerto Rico, municipality on the northern coast of Puerto Rico, on the shores of the Atlantic Ocean, located north of Utuado, Puerto Rico, Utuado and Ciales, Puerto Rico, Ciales; east of Hatillo, Puerto Rico, Hatillo; and west of Barceloneta, Puerto Rico, Barceloneta and Florida, Puerto Rico, Florida. It is about west of San Juan, Puerto Rico, San Juan, the capital city. Arecibo is the largest municipality in Puerto Rico by area, and it is the core city of the Puerto Rico statistical areas, Arecibo Metropolitan Statistical Area and part of the greater San Juan–Caguas–Guaynabo metropolitan area, San Juan–Bayamón, PR Combined statistical area, Combined Statistical Area. It is spread over 18 ''barrios'' and Arecibo barrio-pueblo, Arecibo Pueblo (the downtown area and the administrative center of the city). Its population in 2020 was 87,754. The Arecibo Observatory, which housed the Arecibo telescope, the wo ...
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Shopping Mall
A shopping mall (or simply mall) is a large indoor shopping center, usually Anchor tenant, anchored by department stores. The term ''mall'' originally meant pedestrian zone, a pedestrian promenade with shops along it, but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming increasingly commonplace. In the United Kingdom and other countries, shopping malls may be called ''shopping centres''. In recent decades, malls have declined considerably in North America, partly due to the retail apocalypse, particularly in subprime locations, and some have closed and become so-called "dead malls". Successful exceptions have added entertainment and experiential features, added big-box stores as anchors, or converted to other specialized shopping center formats such as power center (retail), power centers, lifestyle centers, factory outlet centers, and festival marketplaces. In Canada, shopping centres have frequently been repl ...
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González Padín
González Padín was a high-end department store based in San Juan, Puerto Rico. The chain which operated in Puerto Rico at its peak had 10 stores. The chain closed in 1995, and at the time of closure it was the biggest and oldest department store on the island. History Origins In October 1884, José González Padín, an enterprising merchant, Spanish by birth, opened a jewelry store in a location on Calle Fortaleza at Old San Juan, Puerto Rico, San Juan. Ladies in crinoline skirts and men with curling mustaches came in horse-drawn carriages to visit this great new bazaar of novelties. Fortaleza Street was considered the commercial center of Old San Juan, Puerto Rico, San Juan. A few years later, Don Jose González Padín became associated with his brother, Don Anselmo González Padín, who joined the business with the Padin brothers' nephews. They were these, Don Anselmo Lores and Don Fernando Fernández, together with Don Manuel Alvarez Santos and Don Angel Rolan, who gave ...
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Sears
Sears, Roebuck and Co., commonly known as Sears ( ), is an American chain of department stores and online retailer founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail-order catalog company migrating to opening retail locations in 1925, the first in Chicago. Through the 1980s, Sears was the largest retailer in the United States. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. In 2018, it was the 31st-largest. After several years of declining sales, Sears' parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores. Sears was based in the Sears Tower in Chicago from 1973 until moving out to Ho ...
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First Federal Savings And Loan Association Building
The First Federal Savings and Loan Association Building is a historic building located in Downtown Davenport, Iowa, United States. It was individually listed on the Davenport Register of Historic Properties and on the National Register of Historic Places in 2016. (Click on "Historic Preservation Commission" and then click on "Davenport Register of Historic Properties and Local Landmarks.") In 2020 it was included as a contributing property in the Davenport Downtown Commercial Historic District. History First Federal Savings and Loan Association was incorporated in December 1933, and it was one of the financial institutions in the city that survived the Great Depression. They began leasing the Lane Building in 1936 and purchased it three years later. Their operating budget grew from $5,487 in 1935 to $287,776 in 1941, and its assets from $14.8 million in 1947 to $53.5 million in 1959. They were primarily focused on financing new home construction and purchases, as well as capital ...
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Burger King
Burger King Corporation (BK, stylized in all caps) is an American multinational chain store, chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company in 1959. Over the next half-century, the company changed hands four times and its third set of owners, a partnership between TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with its partner Berkshire Hathaway, eventually merged the company with the Canadian-based coffeehouse chain ...
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Church's Texas Chicken
Church's Texas Chicken is an American fast food restaurant chain that specializes in fried chicken and is headquartered in Atlanta, Georgia. The chain was founded as Church's Fried Chicken To-Go by George W. Church Sr. in April 1952, in San Antonio, Texas, across the street from The Alamo. Church's Texas Chicken trades as Texas Chicken or Church's Chicken in many countries. The chain is owned by American private equity firm High Bluff Capital Partners. As of 2017, Church's Texas Chicken had more than 1,700 franchised and company-owned locations in 26 countries. History In 1952, retired chicken incubator salesman George W. Church Sr. opened the first Church's Chicken, named Church's Fried Chicken To-Go, in San Antonio, Texas. Initially, Church's Chicken was a single walk-up establishment that only sold fried chicken. Two pieces of chicken and a roll cost 49 cents. Church's Chicken added fries and jalapeños to its menu in 1955. To allow customers to see their food prepared wh ...
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Orange Julius
Orange Julius is an American chain of beverage stores, known for a frothy, smoothie-like fruit drink also called an Orange Julius. The chain has been in business since the late 1920s. The signature beverage is a mixture of ice, orange juice, sweetener, milk, powdered egg whites and vanilla flavoring. Most stores are located inside shopping malls. History "The first Orange Julius stand was established by Julius Freed and (Willard) Bill Hamlin in 1926 on South Broadway in Downtown Los Angeles." The drink grew out of an orange juice stand opened in Los Angeles, California, in 1926 by Julius Freed. Sales were initially modest, about $20 a day (equivalent to approximately $ in dollars). In 1929, Bill Hamlin, Freed's real estate broker, developed a mixture that made the acidic orange juice less bothersome to his stomach. Freed's stand began serving the drink, which had a frothier, creamier texture. The sales at the stand increased substantially after the introduction of the new dri ...
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Sbarro
Sbarro, LLC ( : stylized in all caps) is an American fast food restaurant that specializes in New York–style pizza sold by the slice and other Italian-American cuisine. In 2011, the company was ranked 15th in foreign sales among U.S.-based quick-serve and fast-casual companies by ''QSR Magazine''. In 2008, Sbarro was rated the No. 1 Quick Service Restaurant in the Italian segment by ''Entrepreneur'' magazine. However, diners and critics have criticized the quality of the food, with some suggesting a link between food quality and the company's two bankruptcies. Sbarro has over 600 locations in 28 countries. Sbarro stores are located in shopping malls, department stores, airports, service areas, and college campuses, as well as in The Pentagon, American naval bases, and casinos. History 20th century Sbarro was founded in 1956 by Gennaro and Carmela Sbarro. The couple and their three sons, Joseph, Mario, and Anthony, immigrated to America from Naples, Italy. The same year ...
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Arecibo Mall Stores
Arecibo (; ) is a city and municipality on the northern coast of Puerto Rico, on the shores of the Atlantic Ocean, located north of Utuado and Ciales; east of Hatillo; and west of Barceloneta and Florida. It is about west of San Juan, the capital city. Arecibo is the largest municipality in Puerto Rico by area, and it is the core city of the Arecibo Metropolitan Statistical Area and part of the greater San Juan–Bayamón, PR Combined Statistical Area. It is spread over 18 ''barrios'' and Arecibo Pueblo (the downtown area and the administrative center of the city). Its population in 2020 was 87,754. The Arecibo Observatory, which housed the Arecibo telescope, the world's largest radio telescope until July 2016, is located in the municipality. The Arecibo telescope collapsed on December 1, 2020. Arecibo is the seat of the Roman Catholic Diocese of Arecibo. Etymology and nicknames The name ''Arecibo'' comes from Arasibo, Taíno cacique of the ''yucayeque'' "settlement ...
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Jaime Fonalledas
Jaime Fonalledas (born 1946) is a Puerto Rican businessman who is the current president and CEO of Empresas Fonalledas Inc., which owns Plaza Las Américas, the largest shopping mall in the Caribbean. Empresas Fonalledas Inc., also has holdings in dairy cattle operations, milk processing plants, non-dairy food industries, plastics manufacturing, real estate ventures, and banking operations. Employing more than 9,000 people in total, Empresas Fonalledas companies include Plaza del Caribe, Tres Monjitas, Vaqueria Tres Monjitas, Ganaderia Tres Monjitas, Baristas del Caribe -local operators of Starbucks Puerto Rico- and franchise Soft & Creamy. Early years Fonalledas was born in San Juan, Puerto Rico into one of the island's wealthiest families. There he received his early education at Catholic schools in Hato Rey and Rio Piedras. In 1966, he graduated ''magna cum laude'' from the Interamerican University of Puerto Rico and earned a degree in economics. Fonalledas pursued his law deg ...
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Shopping Malls In Puerto Rico
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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