PriceSmart operates a membership warehouse club business across Central America, the Caribbean, and Colombia, serving millions of members through physical warehouse locations and digital channels including e-commerce and curbside pickup services. The company generates revenue from two primary sources: merchandise sales across consumables, fresh foods, hardlines, softlines, and health services (with about half sourced locally and half from global suppliers), and membership fees from tiered subscription plans that contribute a significant portion of operating income. PriceSmart differentiates itself through its warehouse club format offering low prices, proprietary private label products, ancillary services such as optical and pharmacy departments, and a growing digital shopping capability, competing primarily against regional and local retailers, hypermarkets, supermarkets, and e-commerce platforms in its operating markets.