PriceSmart, Inc. Stock Compare Tool | Stock Guides Services | Discount, Variety Stores | USA PriceSmart, Inc. owns and operates the U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean. The company's warehouse clubs offer brand name and private label consumer goods to individuals and businesses. As of October 26, 2017, it operated 40 warehouse clubs comprising 7 each in Colombia and Costa Rica; 5 in Panama; 4 in Trinidad; 3 each in Guatemala, Honduras, and the Dominican Republic; 2 in El Salvador and Nicaragua; and 1 each in Aruba, Barbados, Jamaica, and the United States Virgin Islands. PriceSmart, Inc. was founded in 1994 and is headquartered in San Diego, California.
PriceSmart often is referred to as the Costco of Latin America. The company has taken a long time to expand - more than two decades to open 42 new stores, partially because of political unrest in Latin American countries.
