Post job

PriceSmart company history timeline

1994

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.

1997

To lead their company, the Prices selected Gilbert Partida, who joined PriceSmart in December 1997.

2001

In August 2001, he flew to New York to solicit interest in a private-equity offering, extolling Price-Smart's strengths to investors.

2003

Partida resigned abruptly in April 2003 before the full extent of PriceSmart's problems were revealed.

2005

In March 2005, the company settled the lawsuit filed by investors, agreeing to pay $2.35 million.

Work at PriceSmart?
Share your experience
Founded
1994
Company founded
Headquarters
San Diego, CA
Company headquarter
Founders
Robert E. Price,Sol Price
Company founders
Get updates for jobs and news

Rate how well PriceSmart lives up to its initial vision.

Zippia waving zebra

PriceSmart jobs

Do you work at PriceSmart?

Does PriceSmart communicate its history to new hires?

PriceSmart competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Walmart1962$681.0B2,300,00036,984
Haggar Clothing Co.1926$580.0M2,20027
Akins Ford Chrysler Dodge Jeep Ram1966$3.4M1254
Pool King-$380,0003-
Nebraska Book1915$630.0M1,300-
Lamps Plus1976$500.0M1,50012
RH1979-4,500645
Strand Book Store1927$33.0M238-
Russell's Garden-$5.3M50-
Beverly Fabrics1968$130.0M750-

PriceSmart history FAQs

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.