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PriceSmart Faced With Significant Challenges Due To Pandemic | RJR News - Jamaican News Online
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PriceSmart faced with significant challenges due to pandemic

PriceSmart says the COVID-19 pandemic resulted in significant challenges across all 13 markets in the third and fourth quarters of the 2020 financial year. 
 
The company says many markets imposed limitations which had implications for its clubs.
 
PriceSmart also experienced product mix shifts due to changing consumer habits, decreases in purchases by many business members as well as sporadic supply chain challenges.
 
This impacted inventory levels. 


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