Puerto Rico Retail Report, H1 2022

Retail sales have remained relatively stable over the last 10 years. Reduced sales correlate with the implementation of sales taxes, natural disaster and Covid. YOY retail sales are expected to grow 5-6% over the record sales of 2020 that were boosted by Covid recovery funds. With record low unemployment, physical retail is alive and well in Puerto Rico and the consumer is in a good position to continue that trend.

National and regional retailers are sensing this strength and are expanding there store count and foot print size significantly over prior years.

Fill out this form to download report

I would like to receive JLL communications.

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your inquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.