PriceSmart (PSMT) Expands in Colombia

December 15, 2011 8:09 AM EST
PriceSmart, Inc. (Nasdaq: PSMT) has acquired approximately 12,135 sq. meters of land in south Cali, Colombia, upon which the Company plans to construct and operate a new PriceSmart Warehouse Club.

This Club will be PriceSmart's second in Colombia. It is currently anticipated that the new PriceSmart Club will open in late 2012.


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