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Wednesday, 07/24/2019 7:20:24 AM

Wednesday, July 24, 2019 7:20:24 AM

Post# of 77865
QEDN - Grupo Exito negotiations with GMS and Inca




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July 24, 2019

Kate Bahnsen


Grupo Exito

starts negotiation with

GMS and Inca

to make its own Brand of

Sacha Inchi

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After the business match in Bogota by Propais

Kate
was able to contact el Grupo Éxito

and started negotiating
with the private label department.

We expect
to be able to work with el Grupo Exito

to make Sacha Inchi with their brand
and to sell our Sacha Inchi product
in the 2,606 stores of Almacenes Exito
in 4 different countries:

* Colombia
* Brazil
* Uruguay

and
* Argentina.

Revenue
for just the
third quarter 2018
was
USD $37,309,338.31



About Grupo Éxito


Grupo Éxito

also is known as Almacenes Éxito S.A.

is the largest South American retail company.

It operates
2,606 stores in South America.

The stores sell a wide range
of food and nonfood products.


Though originally
a textiles maker and seller

under such brand names as

* Arkitect
* People
* Bronzini
* Pop Rose


recent acquisitions
mostly within the last 10–20 years


have further diversified the business
making it a major grocer
under brand names like
Surtimax and Carulla

sales of food products
make up about 70-75% of revenue.


At its hypermarkets
the largest of which is the Éxito chain


it sells both packaged foods and perishables
in addition to department store type products
ranging from electronics to furniture.

______________________________________________


Grupo Exito
is listed in the
Bogota Stock Exchange


Revenue
for just the third quarter 2018 was


COL $119,000,000,000

or

USD $37,309,338.31

four times more than in 2017

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https://translate.google.com/translate?hl=en&sl=es&u=https://www.exito.com/&prev=search

https://www.exito.com/




https://www.incaworldwide.com/single-post/2019/07/24/Grupo-Exito-starts-negotiation-with-GMS-and-Inca-to-make-its-own-Brand-of-Sacha-Inchi






_______________________________________________________________





Contact

Kate Bahnsen

https://www.incaworldwide.com/blog/author/Kate--Bahnsen

CEO
MBA Co-founder of Inca Seeds and Snacks


813-295-0137

bahnsenkate@gmail.com

katebahnsen@incaworldwide.com

https://www.incaworldwide.com/investors

https://www.incaworldwide.com/contact

https://twitter.com/IncaSnacks

https://www.incaworldwide.com/

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