PriceSmart opening two new Jamaican clubs in 2026

PriceSmart Inc (PSMT), a Nasdaq-listed retail giant, has unveiled plans to significantly expand its footprint in Jamaica by opening two new warehouse clubs in 2026. The new locations will be situated in Montego Bay, St. James, and on South Camp Road in Kingston, effectively doubling the company’s store count in the country. This strategic move aligns with PriceSmart’s broader growth strategy across the Caribbean and Central America.