PriceSmart, Inc.
PriceSmart is wise in the ways of members-only club retailing. The retailer runs more than 25 membership stores under the PriceSmart name in about a dozen countries and one US territory in Central America and the Caribbean. It sells low-cost food, pharmacy, and basic consumer items. In each store, nearly half of the merchandise comes from the US, and the other half is sourced locally. In-store services include auto/tire centers, banking, and photo developing. PriceSmart stores are typically smaller than wholesale clubs in the US, averaging about 50,000-75,000 sq. ft., and the membership fees average about $25. PriceSmart was founded in 1976 by father-and-son team Sol and Robert Price.
Contact Details
Office Address
PriceSmart, Inc.
9740 Scranton Rd.
San Diego, CA, USA 92121-1745
Phone: (858) 404-8800
Fax: (858) 404-8848
Executives
President, CEO, and Director
Jose Luis Laparte
EVP and COO
William J. (Bill) Naylon
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