PriceSmart Expands in Costa Rica

The chain will open a new outlet in the town of Alajuela next April 17.

Thursday, April 16, 2009


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The opening of the supermarket will create 120 jobs.

Leticia Vindas wrote in Elfinancierocr.com: "In addition to the construction, PriceSmart made an alliance with an entity controlled by Costa Rican entrepreneurs to jointly acquire and operate a shopping center adjacent to the new location with each owing 50%."

More on this topic

PriceSmart buys property in Panama and Costa Rica

October 2008

The Company plans the construction of new PriceSmart Warehouse Clubs and the development of adjoining Commercial Centers.

On September 24, 2008 PriceSmart acquired 13,162 square meters of real estate in Panama City, Panama, upon which the Company plans to construct and operate a new PriceSmart Warehouse Club.

PriceSmart Invests $20 million in Costa Rica

October 2013

The store chain for members only has opened its sixth location in the country, with an area of 21 thousand square meters.

This is the 18th branch of PriceSmart in Central America and the largest of all that have been established in Costa Rica. The property comprises of two levels and a parking lot for 320 vehicles.

Supermarket Chain Opens Convenience Store

July 2012

In Costa Rica the Auto Mercado supermarket chain has announced the opening of 18 "Vindi" convenience stores before the end of 2013.

The company opened its first store in San Joaquin de Flores, Heredia and the second opening is scheduled for next week in Santa Anta, Lindora.

PriceSmart Invests $14 Million in Panama

April 2010

The supermarket chain opened a new store in “Brisas del Golf”, Brisas, on Tocumen road.

PriceSmart has now invested a total of $40 million in the country, where it has 70.000 subscribers.

José Luis Laparte, regional manager, expects the new store to sell 15% more than the one located at Los Pueblos mall, even though it is located close to two rival supermarkets.

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