We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

PriceSmart Continues Expanding In Latin American Markets

January 11, 2015: 12:00 AM EST
Retailer PriceSmart, which reported net revenue grew to $656 million for the first quarter of its fiscal year 2015, compared with the same period in the previous year, is expanding its operations in Latin America. Opening its first store in Panama in 1996, PriceSmart has been operating primarily in Latin America. With 36 warehouse clubs in the region, PriceSmart is the largest operator of warehouse membership clubs in the region. Its opening of warehouse clubs in Colombia highlighted the company's efforts to expand operations in the region. Challenges faced by the company include its dependence on economic conditions in Latin American countries, as well as currency fluctuations in the region.
Ronald D. White, "PriceSmart expanding its warehouse clubs further into Latin America", Los Angeles Times, January 11, 2015, © Los Angeles Times
Market News
Latin America
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.