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This marks the 10th store for PriceSmart in Colombia, which so far is the retailers only South American market.

Pricesmart's country manager for Colombia discusses in detail the issues around the warehouse club's 2nd Medellín location.

Finance Colombia has reached out to PriceSmart multiple times but to date has received no comment on the matter.

Local officials and neighborhood representatives say construction permits were improperly issued.

Interim CEO Robert Price co-founded Pricesmart along with his late father, Sol Price.

Net merchandise sales grew 8.6%. Membership renewals were 87.9% and EPS grew 7.1% to $1.05 per share.

Robert Price, the Company's founder and Chairman of the Board, will become Interim Chief Executive Officer. 

Growth is hard, and many companies, lose their mojo as they expand. Is PriceSmart experiencing growing pains?

Net merchandise sales grew 13%, comp sales were up 9.2%, EPS grew 19%, and 88.9% of memberships are renewing, the retailer reports.

Will the global slowdown, supply chain disruptions and strong dollar affect PriceSmart results? Tune in this Halloween to find out!