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PriceSmart

American membership warehouse club


Summary

American membership warehouse club

FieldValue
namePriceSmart, Inc.
logoPriceSmartLogo2.png
imagePriceSmart Headquarters.jpg
image_captionPriceSmart headquarters in San Diego
typePublic
traded_as
foundation
founderSol Price
predecessorPrice Club
location_citySan Diego, California
location_countryU.S.
revenueUS$2.9billion (2016)
homepage
num_employees7,903
num_employees_year2017

PriceSmart Inc warehouse clubs

PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.

Warehouse clubs

The following table lists the warehouse clubs owned and operated currently by PriceSmart:

CountryNo. of stores
Aruba1
Barbados1
Colombia10
Costa Rica9
Dominican Republic5
El Salvador4
Guatemala7
Honduras3
Jamaica2
Nicaragua2
Panama7
Trinidad and Tobago4
U.S. Virgin Islands1

Key dates

YearEvents
1976Price Club founded by Sol and Robert Price
1993The Price Co. and Costco Wholesale Club merge, forming Price/Costco Inc (later renamed Costco Wholesale Corporation)
1994Price Enterprises Inc spun off from Price/Costco
1995Licensees open two club stores (Micronesia and Guam)
1996PriceSmart opens its first club store (Panama)
1997PriceSmart opens its second club store (Panama)
1998Licensees open two club stores (China and Philippines)
1999PriceSmart opens seven club stores (Guatemala, Costa Rica, El Salvador, Honduras, Panama, two in Dominican Republic)
2000PriceSmart opens eight club stores (Dominican Republic, El Salvador, Honduras, two in Costa Rica, Panama, Guatemala, Trinidad)
2001PriceSmart opens seven club stores (Aruba, USVI, Guatemala, Barbados, Trinidad, two in Philippines)
2002PriceSmart opens three club stores (Guam, two in Philippines)
2003PriceSmart opens two club stores (Jamaica, Nicaragua)
2004PriceSmart opens one club store (Philippines)
2005PriceSmart opens one club store (Costa Rica)
2006PriceSmart relocates San Pedro Sula, Honduras club store
2007PriceSmart opens two club stores (Guatemala, Trinidad)
2009PriceSmart opens one club store (Costa Rica)
2011PriceSmart opens one club store (Colombia-Barranquilla)
2012PriceSmart opens one club store (Colombia-Cali)
2013PriceSmart opens two club stores (Colombia-Cali and Costa Rica)
2014PriceSmart opens three club stores (Honduras, Colombia-Medellin, Colombia-Pereira)
2015PriceSmart opens one club store (Colombia-Bogotá)
2016PriceSmart opens one club store (Colombia-Chia)
2018PriceSmart acquires Aeropost.com
2019PriceSmart opens three club stores (Dominican Republic, Guatemala-San Cristobal, Panama-Metro Park)
2020PriceSmart opens two club stores (Costa Rica-Liberia and Colombia-Bogota)
2021PriceSmart opens two club stores (Colombia-Bucaramanga and Guatemala-Aranda)
2022PriceSmart opens one club store (Jamaica-Portmore)
2023John Hildebrandt named COO
2024PriceSmart opens one club store
2025PriceSmart opens two club stores

References

References

  1. "Annual Report 2016". PriceSmart Inc..
  2. "PriceSmart".
  3. Bedford, Emma. (February 13, 2024). "PriceSmart warehouses worldwide 2023".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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