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.

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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 1995, the chain was purchased by Edwin Ortiz. [4]

By 2010, the chain operated a total of 32 stores. [5] By 2014, the chain had reached 37 operating stores. [6]

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. "A Small Business Grows in Morovis - The U.S. Small Business Administration". SBA.gov. Retrieved January 29, 2022.
  5. "Supermercados Selectos avanza a paso firme". El Nuevo Dia. Retrieved 17 May 2015.
  6. Negocios Metro (23 December 2014). "Supermercados Selectos continúa apoyando la agricultura local". Metro. Retrieved 17 May 2015.