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Almacenes Éxito S.A.: Business Overview, Financials & Competitive Analysis

Almacenes Éxito is the largest retailer in Colombia, selling groceries and other supermarket goods, clothing and fabrics, home appliances, and home entertainment electronics. The company has 390 stores located in 175 ...

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Almacenes Éxito S.A. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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6/ 10Solid

Cyborg Score thesis

Market-leading Colombian retailer capturing upside from operational restructuring and premium format conversion under new...

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Industry Retail grocery and hypermarket chains
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: July 20, 2026
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Almacenes Éxito S.A. Overview

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Almacenes Éxito is the largest retailer in Colombia, selling groceries and other supermarket goods, clothing and fabrics, home appliances, and home entertainment electronics. The company has 390 stores located in 175 municipalities of Colombia. In January 2025, Éxito completed its exit from the New York Stock Exchange, concentrating the float in Colombia to improve share liquidity for domestic investors.

Strategic Profile

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Under new ownership (as of 2024), the company launched a three-to-four-year plan to convert approximately 150 underperforming stores into premium formats, chiefly the upscale Carulla banner, with 26 stores converted by end-2024 showing 12% sales growth. Éxito operates multiple retail banners and engages in online commerce through exito.com, carulla.com, and other e-commerce platforms.

Competitive Landscape

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Éxito competes in Colombia's highly competitive retail market against international and domestic operators. Primary rivals include Carrefour (hypermarket chain), Makro (wholesale and retail), and D1/Ara (discount format), along with growing e-commerce and smaller regional chains. Éxito's multi-banner strategy (Éxito, Carulla, Surtimax, Super Inter, Libertad across multiple countries) and omnichannel platform differentiate it, though margin pressure and changing consumer preferences remain structural challenges.

Industry Context

Almacenes Éxito S.A. operates in Retail grocery and hypermarket chains.

Key facts

Founded: 1949 · Headquarters: Medellín, Colombia · Employees: 41,090 · Revenue: $5.4B (2025) · Market cap: $1.8B

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

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MakroWholesale and retail chain in Colombia and South AmericaD1Discount format supermarket chain in ColombiaCencosudLarge South American retail operator with hypermarket and supermarket presence in Colombia

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Industry context

Almacenes Éxito S.A. operates in Retail grocery and hypermarket chains. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Almacenes Éxito S.A. do?+
Almacenes Éxito is the largest retailer in Colombia, selling groceries and other supermarket goods, clothing and fabrics, home appliances, and home entertainment electronics. The company has 390 stores located in 175 ...
What is Almacenes Éxito S.A.'s Cyborg Score?+
Almacenes Éxito S.A. has a Cyborg Score of 6/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Almacenes Éxito S.A.'s main competitors?+
Named competitors include Makro, D1, Cencosud. The full competitive landscape is in the AskCyborg report.
How can I get the full Almacenes Éxito S.A. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Almacenes Éxito S.A. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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