Distribution agreement with Grupo Éxito includes initial Kuida presence in
5 key market Éxito WOW concept stores and
16 Éxito traditional format stores with a potential expansion planned across Colombia.
Controlled by Casino Guichard-Perrachon and with revenues of U.S.$17 billion in 2018,
Grupo Éxito operates 1,533 stores across Colombia, Uruguay, Brazil and Argentina,
including 252 Éxito stores and 9 Éxito WOW stores.
Under the Company's agreement with Grupo Éxito, Kuida will initially be sold in
5 Éxito WOW stores and 16 traditional format stores.
Grupo Éxito is a Colombian retail leader with a market share of 40%.
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