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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.
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 ...
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.
For a retailer, PriceSmart generates a fairly high return on equity -- 17% over the past year, 14% on average over the past five years -- while employing a modest debt-to-equity ratio of 20%. 3 ...
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Supermarkets usually open at earlier hours, between 6 or 7 a.m. to 10 p.m. (7:00 - 22:00) every day. Boutiques and smaller shops often close early at 5 or 6 p.m. (17:00 or 18:00), and usually close once or twice a week, most often on Sunday. Nearly all stores are closed on Easter, Thanksgiving Day and Christmas Day.
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A BJ's Wholesale club in Virginia. In 1976, Sol Price (who in 1954 founded FedMart, an early US discount store) and his son Robert Price founded Price Club in San Diego, as their first warehouse club.