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☆ I visited Primark, one of Europe's biggest retail chains, for the first time and I can see why it's taking over the US
  + stars: | 2024-02-13 | by ( Gabbi Shaw | ) www.businessinsider.com   time to read: +1 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementOne of the biggest retail chains across Europe is Primark. The first US location opened in 2015 in Boston. Almost 10 years later, there are 16 stores, but Primark aims to open 60 by 2026, it announced in 2021. AdvertisementNew York's Roosevelt Field location opened in November 2022, and spans 44,290 square feet of retail space across two floors, Long Island Business News reported.
Persons: —, Roosevelt Organizations: Service, Island Business Locations: Irish, New York, Europe, United Kingdom, Ireland, Boston, London, Island
☆ Five years after Hurricane Maria, Puerto Rico's power grid is still costly and unreliable
  + stars: | 2022-10-22 | by ( Fred Imbert | ) www.cnbc.com   time to read: +3 min
The state of Puerto Rico's power grid has been a sore spot for many island businesses and residents, leading to backlash against Luma Energy — the company brought in to operate and improve the grid after Hurricane Maria. Many businesses were forced to shut down for weeks after Hurricane Fiona hit. Luma Energy officially took over control of the island's power grid in June 2021 for the Puerto Rico Electric Power Authority, or PREPA. In July, about two months before Hurricane Fiona hit Puerto Rico, hundreds of residents marched to Gov. The company also said Oct. 10 that power had been restored to 99% of clients affected by Hurricane Fiona.
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