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Robert Price left the organization in 1994, leaving with control over Price/Costco's commercial real estate operations and controlling interests in merchandising opportunities in certain international markets, including Australia, New Zealand, and Central America.
To lead their company, the Prices selected Gilbert Partida, who joined PriceSmart in December 1997.
In August 2001, he flew to New York to solicit interest in a private-equity offering, extolling Price-Smart's strengths to investors.
Partida resigned abruptly in April 2003 before the full extent of PriceSmart's problems were revealed.
In March 2005, the company settled the lawsuit filed by investors, agreeing to pay $2.35 million.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Walmart | 1962 | $681.0B | 2,300,000 | 36,984 |
| Haggar Clothing Co. | 1926 | $580.0M | 2,200 | 27 |
| Akins Ford Chrysler Dodge Jeep Ram | 1966 | $3.4M | 125 | 4 |
| Pool King | - | $380,000 | 3 | - |
| Nebraska Book | 1915 | $630.0M | 1,300 | - |
| Lamps Plus | 1976 | $500.0M | 1,500 | 12 |
| RH | 1979 | - | 4,500 | 645 |
| Strand Book Store | 1927 | $33.0M | 238 | - |
| Russell's Garden | - | $5.3M | 50 | - |
| Beverly Fabrics | 1968 | $130.0M | 750 | - |
Zippia gives an in-depth look into the details of PriceSmart, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PriceSmart. The employee data is based on information from people who have self-reported their past or current employments at PriceSmart. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PriceSmart. The data presented on this page does not represent the view of PriceSmart and its employees or that of Zippia.
PriceSmart may also be known as or be related to PriceSmart, PriceSmart Inc, PriceSmart, Inc. and Pricesmart.