Supermercados Selectos

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Supermercados Selectos is a Puerto Rican supermarket company. [1] It is one of a number of well-known Puerto Rican supermarkets chains, along with Pueblo Supermarkets and others.

Contents

History

The first four Supermercados Selectos stores opened in 1978, after Carlos Torres, a Puerto Rican businessman, took the initiative of organizing a number of small mom-and-pop ("colmado") stores group into one integrated company, in order to compete against larger supermarkets. (See certificate of incorporation.) [2] Another one of the chain's first owners was Ignacio Veloz Camejo, honorary president of Centro Unido de Detallistas de Puerto Rico since 1991. [3] In 2018, Supermercados Selectos celebrated its 40 years in business with a large dinner in Caguas. [4]

In 1995, the chain was purchased by Edwin Ortiz. [5]

By 2010, the chain operated a total of 32 stores. [6] By 2014, the chain had reached 37 operating stores. [7] In 2023, it opened, in Vega Alta, what would be its 39th store. [8]

See also

Supermercados Econo - another Puerto Rican supermarket chain with a similar business model

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References

  1. "SuperPagesPR.com - El directorio teléfonico de Páginas Amarillas en Puerto Rico". superpagespr.com. Retrieved 17 May 2015.
  2. "CORPORATIVO". selectospr.com. Retrieved 17 May 2015.
  3. "Ignacio T. Veloz Camejo – Presidente Honorario - Centro Unido de Detallistas". centrounido.com. Archived from the original on 2015-05-18. Retrieved 2019-10-04.
  4. Stephenson, Kristen (2018-05-15). "Puerto Rican grocery store serves up record breaking dish to celebrate anniversary". Guinness World Records. Retrieved 2024-09-24.
  5. "A Small Business Grows in Morovis - The U.S. Small Business Administration". SBA.gov. Retrieved January 29, 2022.
  6. "Supermercados Selectos avanza a paso firme". El Nuevo Dia. Retrieved 17 May 2015.
  7. Negocios Metro (23 December 2014). "Supermercados Selectos continúa apoyando la agricultura local". Metro. Retrieved 17 May 2015.
  8. "Selectos opens 39th store after $4.5M investment in Vega Alta". News is My Business. 2023-02-16. Retrieved 2024-09-24.