PriceSmart to Open Its First Club in Cartagena in 2027

PriceSmart, the U.S.-based membership warehouse retailer, is set to open its first Colombian club in Cartagena, Colombia, with a potential launch between late 2027 and early 2028. The company plans to establish its 11th location in the Serena del Mar area of Cartagena, focusing on the growing northern part of the city with increasing residential and commercial development.

The new warehouse club will span approximately 7,500 square meters of sales space, providing a wide array of products such as groceries, household goods, electronics, clothing, and other merchandise. Customers will need an annual membership to access the products, which are sold in larger formats or multipacks, similar to other PriceSmart stores across Latin America and the Caribbean.

The Cartagena location will be situated near Serena del Mar and the northern transport terminal, close to the Buenavista Shopping Center, making it a convenient option for residents, businesses, and expatriates looking for a diverse range of products. The new store could cater to households managing regular grocery expenses, restaurants, and hospitality businesses requiring bulk purchasing.

PriceSmart's expansion into Cartagena reflects the city's growing commercial landscape and the increasing demand for large-format retailers in the expanding northern districts. The new store could create around 200 additional jobs and contribute to the city's infrastructure development. However, the exact opening date and membership fees remain uncertain until formal confirmation is provided by PriceSmart.