PriceSmart opens MoBay club with US$28m investment
PriceSmart opened a new warehouse club in Montego Bay, Jamaica, with a $28M investment. The 67,300 sq ft facility is the company's third in Jamaica and 59th in the region, creating 182 jobs. PriceSmart reported Q3 net sales of $1.5B, up 12.5% YoY, and net income of $39.7M, up 12.3%. The company plans further expansion and sustainability initiatives.

