PriceSmart: Digitization Pays Off - Profit and Dividend Increase Significantly

It doesn't always have to be the classic online retailers that benefit the most from the e-commerce trend. This is excellently illustrated by the example of PriceSmart. Although PriceSmart is not a pure online retailer, it cleverly utilizes the e-commerce trend to expand its existing business model. The company has invested heavily in digital expansion in recent years and now offers an online shop exclusively for members in many countries. The existing warehouse model helps to organize online shipping efficiently. In Central America and the Caribbean,...