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2005: In February the group begins to face economic difficulties, due to slow response of the market and lack of profits, all the PriceSmart stores in Mexico were closed (Celaya and Irapuato stores became Home Depot). Likewise, the French commercial chain Carrefour, also due to lack of profitability, leaves Mexico selling its branches to the ...
PriceSmart, Inc. is an American operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of The Price Club ; Robert Price is chairman of the board.
PriceSmart Foods is a chain of supermarkets located in British Columbia, Canada. It is a wholly owned subsidiary of the Overwaitea Food Group , which is owned by the Jim Pattison Group . PriceSmart shares the same brands and rewards card system as other Overwaitea chains, including Save-On-Foods .