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CORPORACION FAVORITA C.A – company logo, company info header

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Avenida General Enríquez and Vía a Cotogchoa, Sangolquí

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Business Description

Corporacion Favorita

Corporacion Favorita is an Ecuadorian company operating in six Latin American countries. Its philosophy is based on sustainability, continuous improvement, innovation, and resilience, aiming to improve the quality of life for everyone it interacts with. In 2000, the company suffered the fire of its central warehouses and opened the Amaguaña Distribution Center. In 2008, it became Corporacion Favorita and introduced new supermarket formats, incorporated other companies, some with activities in five regional countries. The company's origins date back to 1952 as La Favorita warehouse in Quito, and it has grown to include retail, industrial, and real estate sectors across the region.

Historical Highlights

Founded in 1952 as La Favorita warehouse in Quito. In 1957, La Favorita Supermarkets, the first self-service store in the country, was inaugurated. In 1976, it opened its capital to the public and began its growth and diversification. In 2001, the central warehouses were destroyed by fire, and the Amaguaña Distribution Center was inaugurated. In 2008, the company transformed into Corporacion Favorita, introducing new supermarket formats and expanding regionally. In 2018, it acquired Grupo Rey, a leading company in Panama. In 2019, the Möblart format opened. In 2020, launched MAXIplus and AKÍmóvil, proprietary brands. In 2021, shifted its social support legacy to Fundación Favorita.

Corporate Philosophy & Vision

Our mission focuses on improving the quality of life by offering the best products, services, and experiences efficiently, sustainably, and responsibly. We develop in retail, industrial, and real estate sectors, with a presence in Ecuador and six Latin American countries, adapting our offerings to local needs and realities. Our subsidiaries operate across the region, committed to innovation and social responsibility.

Regional Presence and Operations

Corporacion Favorita and its subsidiaries span commerce, industry, and real estate sectors within Ecuador and in five neighboring countries. Their diverse formats and lines of business tailor product, service, and experience offerings to meet local needs, fostering regional growth and development.

Business Overview

Avg Response Time

≤ 1h

Offering a wide range of products from bakery and bread to frozen food and snacks makes this supplier a one-stop source for diverse food needs. Buyers can reduce the number of suppliers they need to contact, saving time and coordination effort. The lack of verified contact details — including work email, phone, and documents — raises concerns about legitimacy and responsiveness. Without verified communication, it's hard to confirm product quality, delivery timelines, or pricing. Buyers should request additional verification before placing any orders. Missing gross revenue and staff count means it's unclear how large or stable the operation is. This could affect reliability for long-term or bulk supply plans.

Export Capabilities

Declared by supplier

CORPORACION FAVORITA C.A has been exporting since 1952.

Export start year

1952

Trade Capabilities

Business Terms

Preferred Payment Term:

Not specified

Preferred Trade Term:

Not specified

Port Of Loading:

Not specified

Accepted Currency:

USD

Trade Ability

Annual Revenue Amount:

Not specified

Numbers Of Employees:

Not specified

Avg Response Time:

-

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