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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.
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Price Club and Costco initially continued to operate as separate chains, with members of either chain being able to shop at both stores. However, by the following year, Price Enterprises was spun off from the combined company and later established PriceSmart in Central America, South America, and the Caribbean.
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 .
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The deal is already close to completion, which is why PriceSmart will be taking Finisar's place on the SmallCap 600.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPriceSmart last ...
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