PriceSmart's new warehouse club in Barranquilla, Colombia, opened on August 19, 2011.

This is the first PriceSmart in South America. Barranquilla is a port city located in northern Colombia by the Caribbean Sea. This warehouse club brings to 29 the total number of warehouse clubs in operation by PriceSmart.

Aprender y Crecer and PriceSmart received the Costa Rican-American Chamber of Commerce (AmCham) 2010 Community Contribution Award in the area of Education. This award is a recognition given annually to those business members of AmCham who have one or more programs focused on improving the quality of life of community neighbors where the businesses operate. The programs considered are in the social, environmental and/or educational areas. Click here for the full story.

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.

PriceSmart members in all countries where PriceSmart operates can now purchase thousands of additional items online at PriceSmart.com. Members in Costa Rica have been shopping online since January 2007 and online shopping has been made available on a country-by-country basis since that time.

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.