PriceSmart named to Fortune Magazine's list of 100 Fasting Growing Companies
For the second year in a row, PriceSmart has been named to Fortune Magazine's list of 100 fasted growing companies.
One of the reasons cited for inclusion is that PriceSmart's membership shopping clubs in Central America and the Caribbean scored big
electronic sales during the World Cup.
Online Shopping now available to PriceSmart members in Barbados, Honduras, Jamaica, Nicaragua and USVI
PriceSmart members in all countries except Aruba and the Dominican Republic can now purchase thousands of additional items online at PriceSmart.com.
Members in Costa Rica have been shopping online since January 2007 and members in El Salvador, Guatemala, Panama and Trinidad
can also shop online. Online shopping will be made available in all countries where PriceSmart operates by the end of the year.
Panama Club Relocation; New Club in Trinidad
The relocation of the PriceSmart club at Los Pueblos to Brisas in Panama City, Panama was completed on April 9, 2010. The new
site at Brisas allows for better access and dedicated parking.
PriceSmart's newest club in Trinidad opened on April 30, 2010. This club is in San Fernando in the
southwest region of the country, opening up a new area for PriceSmart members.
PriceSmart named "Best in Class Photo Finisher" for Central America and the Caribbean by Kodak/Smile Market
Kodak's distributor for Central America and the Caribbean presented PriceSmart with their top award for “Best in Class Photo Finisher”
for 2009 at Kodak’s award ceremonies held during the Photo Marketing Association Trade Show & Convention in February 2010.
The plaque was given by Kodak/Smile Market.
PriceSmart was identified as the market leader in pricing, quality, and volume and was Kodak/Smile Market’s number one customer in the
Caribbean and Central America regions with unsurpassed growth of 48% over the prior year.
Haitian Earthquake Relief Efforts by PriceSmart Dominican Republic
Country Manager Eric Torres, Santo Domingo Warehouse Manager Edwin Torres and 2 other employees delivered a truckload of
supplies donated by PriceSmart DR members into Haiti. The DR clubs had already collected 14 pallets of supplies which
were delivered to a relief organization in Santo Domingo for distribution to Haiti. But after collecting another 22
pallets, Eric and Edwin decided to deliver these directly to a group that is operating in Haiti at the DR border and has
smaller trucks that are able to get these supplies out to Port au Prince and the other affected areas.
Click here for the full story.
Honoring Excellence - Chain Store Age features PriceSmart President
The December issue of
Chain Store Age profiles PriceSmart President Jose Luis Laparte as one
of six regional retail winners of the Ernst & Young Entrepreneur Of The Year (EOY) awards. The EOY program, started
in 1986, has expanded to a global event with awards presented in 35 countries. Thousands of individuals compete
annually for the prestigious honor.
Click here for the full text of the article,
reprinted with permission of
Chain Store Age (www.chainstoreage.com).
