Jamaica delivers double-digit growth for PriceSmart
Although COVID-19 has slowed down expansion plans for PriceSmart Inc in its target markets, the Jamaican operation was able to deliver a second consecutive year of double-digit growth in net merchandising sales of 10.3 per cent, while contributing to a favourable net currency gain of US $1.1 million ($157.27 million) in the fourth quarter to the group.
Jamaica delivers double-digit growth for PriceSmart
Although COVID-19 has slowed down expansion plans for PriceSmart Inc in its target markets, the Jamaican operation was able to deliver a second consecutive year of double-digit growth in net merchandising sales of 10.3 per cent, while contributing to a favourable net currency gain of US $1.1 million ($157.27 million) in the fourth quarter to the group.