PriceSmart, Inc., together with its subsidiaries, owns and operates membership shopping warehouse clubs in Latin America and the Caribbean. Its warehouse clubs sell perishable foods and other consumer products at low prices to individuals and businesses, as well as offer ancillary services, which include food courts, and tire and photo centers. The company operates its warehouse clubs under the PriceSmart brand name. As of March 7, 2013, it operated 30 warehouse clubs comprising 5 in Costa Rica; 4 each in Panama and Trinidad; 3 each in Guatemala and the Dominican Republic; 2 each in El Salvador and Honduras; and 1 each in Colombia, Aruba, Barbados, Jamaica, Nicaragua, and the United States Virgin Islands. PriceSmart, Inc. was founded in 1994 and is headquartered in San Diego, California.