ÃÂxito is a Colombian supermarket chain owned by Grupo ÃÂxito and headquartered in MedellÃÂn, Colombia. It was founded in Envigado in the year 1949, by Gustavo Toro Quintero and now is one of the largest supermarket companies in the country, and has 390 stores located in 175 municipalities of Colombia. The capital city of Bogotá has the most stores.
In March 26, 1949, Gustavo Toro Quintero (a businessman) opened the first store of "Almacenes ÃÂxito" in the center of the MedellÃÂn. In its principles was a store dedicated to the selling of snippets and textile clothing.
Gustavo Toro loves helping those in need and that help was reinforced in 1993 with the creation of "Fundación ÃÂxito" that in its beginnings was dedicated to strengthening topics like education, social conditions, and civic and cultural. Today its work focus is childrenôs nutrition.
In 1994 the company started its share opening entrancing to the Bogota, MedellÃÂn and West stock exchanges.
In 1998 it created the virtual store of ÃÂxito in association with NormaNet being a pioneer in Colombian online trading.
In 2001, the company merged with "Cadenalco" disappearing in this way "Almacenes Super Ley" and then acquires to "Almacenes Ley".
In 2005 "Grupo ÃÂxito" forays into the property business and creates the "Tarjeta ÃÂxito" in an alliance with Tuya.
By 2010, Groupe Casino owned 67% of Almacenes Exito. The company starts the absorption of "Almacenes Ley" process to was completed in 2012.
In 2013 it created "Móvil ÃÂxito" its telephone service supported by the infrastructure of "Tigo Colombia".
In 2018 it created the modern-futurist hypermarket "ÃÂxito WOW!"
In 2022 "Almacenes ÃÂxito" took over the stores of "Almacenes La 14" in Palmira, Cartago, JamundÃÂ, Buenaventura, in the department of Valle del Cauca and the store of Girardot in the department of Cundinamarca.