Pitusa

Pitusa (Spanish: Almacenes Pitusa) is a chain of department stores operating in Puerto Rico. It is one of the largest Puerto Rican store companies and one of Topeka's main competitors.

History

The first Pitusa store was opened in 1977 by owner Israel Kopel.[1] The inaugural store was opened just in time for that year's Christmas season, opening on December 2.[2] In 2017, Pitusa is the 4th most visited furniture store on the island.[3]

From 1997 to 2012, the store chain's operations grew into a $150,000,000 dollar a year operation.

In 2014, Pitusa had 4000 employees.[4]

In 2017, Pitusa adopted new labor laws that allowed them to reduce employees' overtime wages.[5][6]

References

  1. "Luto en la familia Pitusa y National Lumber". Noticel. 30 April 2019. Retrieved 13 June 2020.
  2. "Almacenes Pitusa, Inc. Puerto Rico - Israel Kopel - Business Profiles". businessprofiles.com.
  3. "Furniture-Store Visits Stable". Caribbean Business. 9 July 2017. Retrieved 13 June 2020.
  4. "Puerto Rican retailer Pitusa consolidating, selling assets – News is My Business". News is my Business. Retrieved 13 June 2020.
  5. "Labor Secretary Defends Closure Act Derogation". Caribbean Business. 5 February 2017. Retrieved 13 June 2020.
  6. "Local Companies Reduce Wages After Adopting Labor Reform". Caribbean Business. 5 February 2017. Retrieved 13 June 2020.
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