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