PriceSmart

PriceSmart Inc. () is the largest operator of membership warehouse clubs in Central America and the Caribbean, with over 770,000 membership accounts and 1 million cardholders. PriceSmart is headquartered in San Diego, California, and it owns and operates 28 warehouse clubs in 11 countries and one U.S. territory. It also offers online shopping in all countries where PriceSmart operates. As of June, 2011, the warehouse clubs owned and operated by PriceSmart are listed in the following table: In addition to the warehouse clubs owned and operated PriceSmart, there is one warehouse club in operation in Saipan, Micronesia that is licensed to and operated by local business people. The company earns a small royalty fee from this club.