Almacenes Exito S.A. operates in the Department stores sector. Almacenes Exito SA is a Colombian company that, along with its subsidiaries and affiliates, is active in the retail sector. The Company's business is structured in four divisions: Textiles and Apparel, operating through its 97.75%-owned subsidiary Distribuidora de Textiles y Confecciones SA (Didetexco); Retail, including a network of 299 Exito, Carulla-Pomona and Surtimax supermarkets and hypermarkets, which are located in 21 Colombian departments; Services, comprising its operations within the real estate and financial sectors, as well as the activities of the Exito Travel Agencies and Exito Service Stations, and Food Industry, managing a food processing plant that produces a variety of food products, which are sold at the Company's retail points. It also owns such subsidiaries as Almacenes Exito Inversiones SAS and Carulla Vivero Holding Inc. As of December 31, 2010, the Company's majority shareholder was Grupo Casino de Francia, with 53.89% of its interests. In
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