Colombian supermarket chain Almacenes Exito has said it may expand its operations to Ecuador, Peru and Panama in the next few years as part of a regional expansion plan.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


“We are going to continue operating in Venezuela and we do not rule out Ecuador, Peru and Panama in the short term. That could be three years from now,” Carlos Mario Diaz, Exito’s vice president, told Reuters.  


The chain is controlled by Colombian conglomerate Grupo Empresarial Antioqueno, while French supermarket giant Casino has a 32.9% stake.


Hit by increasing competition from France’s Carrefour and Colombia’s Carulla Vivero, Exito’s sales fell to 2.16trn (US$772.9m) pesos for the January to September period, compared to 2.23trn pesos a year earlier.


For the same period, net profit slid to 10.16bn pesos from 14.72bn pesos a year earlier.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now