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Last updated on March 16th, 2023

 

Announcement to Members

PriceSmart Denies Information Disseminated Through WhatsApp

We care about your security. Beware of scam threats.

 

 

Dear Member,

 

PriceSmart denies information circulating through WhatsApp, in which fraudsters offer prizes and economic rewards in the name of our brand. The objective of these scams is to encourage you to click on links and share the information with your contacts through WhatsApp in exchange for a prize.

 

Therefore, if you have received suspicious messages about promotions and prizes through WhatsApp, please do not click the links or share the messages. Cutting the chain will prevent third parties from falling for this scam.

 

We take the protection and security of information very seriously, and we ask that you also be vigilant to prevent fraud. 

 

Remember that PriceSmart never runs contests or awards prizes through WhatsApp. Don’t click on links within or respond to these text messages or emails; these are not legitimate.

 

 

PRICESMART POLICIES AND PRACTICES

 

  • PriceSmart does not solicit online for Members to complete surveys for gift cards or gifts, nor do we send unsolicited emails or text messages asking individuals to participate. 
  • PriceSmart will never send you emails or surveys that are contingent on your making purchases, subscriptions, or fulfilling other financial requirements.
  • Please remember that all information and transactions relating to PriceSmart will be announced in the only official source, the website www.PriceSmart.com.  

 

 

HOW TO PROTECT YOURSELF

 

  • Don't open or respond to unsolicited messages offering gift cards or other gifts.
  • Don't click on or respond to online ads or websites offering free gift cards or other gifts.
  • Pay attention to the website URL. If the URL or the logo does not match the branding to a legitimate website, ignore and delete the message, and navigate away from that website.

 

 

We encourage you to stay informed about this news and more information about the company by visiting the website www.PriceSmart.com or our social media networks. You can also download the mobile app on Google Play or the Apple Store and activate your digital membership to receive notifications.

 



Sincerely,

PriceSmart

 

 

 

 

Last updated on February 24th, 2023

 

 

 

Statement.

Dear Member,

 

We are pleased to announce that PriceSmart and Price Philanthropies have created the PriceSmart Foundation to expand the company’s philanthropic work in Latin America and the Caribbean.

 

The success and impact of the Aprender y Crecer program have inspired us to grow our investments in organizations and programs that support Youth Development, Economic Opportunities, and Community & Environmental Resilience in our markets. By partnering with local community-based organizations, we can leverage PriceSmart’s strengths and relationships to create meaningful change that benefits young people and under-resourced communities in the markets where we have operations.

 

Sincerely,
PriceSmart 

 

 

 

Last updated on November 14th, 2022

 

 

Statement.

 

 

Update on the Advantages Program

 

Dear Member,

 

We are writing to let you know that we have decided to discontinue our current ADVANTAGES program and replace it with a new, more competitive, dynamic, and attractive one.

 

Please note that as of November 14th, 2022 we will no longer promote program-related information on our website or to our Membership base.

 

Thank you for your interest in our new Program. We look forward to contacting you again soon to let you know when the new Program will start, at a date yet to be determined.

 

We appreciate your continued confidence in PriceSmart, which we treasure as a valued Member.

 

If you have any questions or concerns, feel free to contact us at pricesmart.com.

 

Sincerely,
PriceSmart 

 

 

 

Last updated on October 7th, 2022

 

 

Statement.

 

 

Dear Member,

 

We are thrilled to announce that today, PriceSmart was named among the Top 100 Most Loved Workplaces by Newsweek®. The 2022 Top 100 Most Loved Workplaces® are the result of a collaboration with the Best Practice Institute (BPI) a leadership development and benchmark research company.

 

The results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them. 

 

“We appreciate this recognition of PriceSmart as a Most Loved Workplace by Newsweek and the Best Practice Institute”, said Sherry Bahrambeygui, CEO of PriceSmart. “This honor further validates our “People First” culture. We support the growth and advancement of our employees as well as being very conscientious about their safety and well-being, just as we do with our Members and the communities we serve.  As a global employer and provider of essential and aspirational goods, we can make an impact, and we don’t take that opportunity for granted. In short, we strive every day to treat everyone with dignity and grace and find new ways to enhance the quality of life for all the lives we touch.”

 

How positive workers feel about their future at the company, career achievement, how much employer values align with employee values, respect at all levels, and the level of collaboration at the firm were the five critical areas measured to gauge employee sentiment.

 

We join with our employees to build a better company, one in which we all look forward to working every day. We believe that a company reflects its people, and that great employees make great companies. If our employees appreciate the company and love their work, they will undoubtedly deliver the best service experience to all our Members, and to the community at large.

 

For all these reasons, we're very excited to share with you that PriceSmart is one of the 100 Most Loved Places to Work!

 

Sincerely,

PriceSmart