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PriceSmart Opens Second Location in Medellín, Colombia
This marks the 10th store for PriceSmart in Colombia, which so far is the retailers only South American market.
Posted On October 5, 2023
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//pricesmart
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Exclusive Interview: Pricesmart Assures All Permits In Order For Poblado, 2nd Medellín & 10th Colombia Location Pledges To Be A Good Neighbor
Pricesmart's country manager for Colombia discusses in detail the issues around the warehouse club's 2nd Medellín location.
Posted On February 14, 2023
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Medellín Officials Begin Revocation Process Of Pricesmart Building Permits
Finance Colombia has reached out to PriceSmart multiple times but to date has received no comment on the matter.
Posted On February 13, 2023
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Construction Permit Irregularities Alleged In Second Medellín PriceSmart Location
Local officials and neighborhood representatives say construction permits were improperly issued.
Posted On February 7, 2023
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Pricesmart To Increase Dividends By 7% Appoints Former Costco Executive To Board
Interim CEO Robert Price co-founded Pricesmart along with his late father, Sol Price.
Posted On February 6, 2023
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PriceSmart Continues Growth In Fiscal Q1 2023
Net merchandise sales grew 8.6%. Membership renewals were 87.9% and EPS grew 7.1% to $1.05 per share.
Posted On January 9, 2023
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CEO Sherry Bahrambeygui Resigns From PriceSmart
Robert Price, the Company's founder and Chairman of the Board, will become Interim Chief Executive Officer.
Posted On December 13, 2022
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Op-Ed: Service, the Shadier Side of PriceSmart
Growth is hard, and many companies, lose their mojo as they expand. Is PriceSmart experiencing growing pains?
Posted On December 12, 2022
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PriceSmart Reports Strong Fiscal Q4 Results
Net merchandise sales grew 13%, comp sales were up 9.2%, EPS grew 19%, and 88.9% of memberships are renewing, the retailer reports.
Posted On November 1, 2022
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PriceSmart To Hold Fiscal 4th Quarter 2022 Earnings Call The End Of October
Will the global slowdown, supply chain disruptions and strong dollar affect PriceSmart results? Tune in this Halloween to find out!
Posted On October 12, 2022
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