EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

new format will be about 15,000 square feet. The retailer celebrated its 75th anniversary in 2010.
In March 2010, Price Chopper purchased six Tops markets, pushing its total store count to 125.
Procurement Contacts: Mike DeJulio, Director Corporate Brands
PRICESMART, INC.
9740 Scranton Rd., San Diego, CA 92121 USA
Tel: (858) 404-8800
Fax: N/A
www.pricesmart.com
Total Fiscal 2011 Revenues: $1.7 Billion +21.4%
Percentage of Sales in Exclusive Brands: N/A
Principal Business: Started in 1996 in Panama, PriceSmart has developed a chain of US-style
membership warehouse club stores in Central America, the Caribbean, and Colombia. Operating
29 club stores in 12 countries plus the US Virgin Islands, this public company (NASDAQ: PSMT)
caters to small businesses and consumers, selling food (52% of net sales), sundries (26%), hard
goods (14%), etc. Its stores range from 50,000 to 75,000 square feet, stocking about 2,200 skus. Its
primary distribution facility is in Miami.
EB Identities: Members Selection, Select Club
EB skus: N/A
Profile: PriceSmart opened its 29th and first outlet in Colombia in August 2011. Another outlet
opened earlier during this period in the Dominican Republic (November 2010). More emphasis is
now placed on fresh food departments: meat, fish, produce, and bakery. Its membership grew by
15.6% to 832,500 members in fiscal 2011. Net income leaped upward by 25.2% to $ 61.8 million,
capping off a successful year.
Procurement Contacts: N/A