PriceSmart to open new store in Dominican Republic

San Diego PriceSmart announced that on Dec. 22, it acquired approximately 30,000 sq. meters of land in Northwest Santo Domingo, the Dominican Republic, upon which it plans to construct and operate a new PriceSmart Warehouse Club.

The announced location will be PriceSmart's third in the Dominican Republic. It is currently anticipated that the new PriceSmart Club will open in the fall of 2010.