Supermercados Selectos

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.

History

edit

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

edit

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

References

edit
  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.
edit