STORE SPACES

PriceSmart opens smaller-club format

BY Marianne Wilson

PriceSmart is expanding its footprint with a new model.

The warehouse club retailer has opened a new location, in Santo Domingo, Dominican Republic. The outpost is PriceSmart’s second small-club format, following its debut in May 2019, in Santiago de Veraguas, Panama, and is the first new small club format in a densely-populated urban area.

PriceSmart plans to open locations in San Cristobal, Guatemala, and Panama City, Panama, in fall 2019. The company, headquartered in San Diego, currently operates 43 warehouse clubs in 12 countries and one U.S. territory.

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