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Supermercados SelectosSupermercados 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. HistoryThe 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 alsoSupermercados Econo - another Puerto Rican supermarket chain with a similar business model References
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