PriceSmart Inc., the San Diego operator of warehouse club stores in Latin America and the Caribbean, said the company opened its sixth warehouse store in Colombia in the city of Medellin last month.
That brings the company’s total warehouse club stores to 36 in 12 countries and the U.S. Virgin Islands.
PriceSmart added five stores in the past year.
PriceSmart is the international division that was spun off from the Price Club when that retail company was sold to Costco in 1997. PriceSmart’s chairman is Robert Price, son of the late Sol Price who founded both FedMart and Price Club.