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PriceSmart to open two stores in Colombia
San Diego – On Jan. 30, 2014, PriceSmart, Inc. acquired approximately 147,000 usable sq. ft. of land in the city of Medellin, Colombia, and leased approximately 126,000 usable sq. ft. of land in the city of Bogota, Colombia, upon which the company plans to construct two new warehouse club stores. These two warehouse clubs are currently planned to open before the end of calendar year 2014.
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RG Barry Brands chairman Gordon Zacks dead at 80
R.G. Barry Corporation’s chairman of the board Gordon B. Zacks died at his Bexley home following a brief illness. He was 80.
Zacks joined his family's business in 1955 after attending Dartmouth College and graduating from the Ohio State University. He joined the board of directors in 1959 and was named company president in 1965. He added the roles of chairman of the board and CEO to his resume in 1979. Following retirement from his day-to-day management roles in 2004, he was named the company's non-executive chairman of the board, a post held until his death.