El Corte Inglés - News

18 August 2020
El Corte Inglés reveals an increase in turnover and profits during 2019. Meanwhile, Cepsa and Glovo have expanded their partnership and extended it to Portugal. Separately, Alibaba’s Alba Ruiz highlights the development of the new retail effects since the impact of COVID-19.  El Corte Inglés positive 2019 FY results El Corte Inglés recorded a profit of €310m in its 2019 financial year, an i...
20 April 2020
We look at how retailers across Spain are implementing measures to ensure everyone has access to products as they respond to the Coronavirus (COVID-19) pandemic. We will continue to update this article with the latest measures. Mercadona Mercadona has outlined how it will increase awareness and safety by communicating with shoppers, the group’s recommendations are:   No family or grou...
22 November 2019
Spain-based El Corte Inglés has announced an increased turnover of 1.3% in the first half of FY 2019. The group is divided into retail, travel, fashion, insurance, technology and a new addition of real estate. Sales performance   The retail division increased its turnover by 1% year-on-year to €6,036m. The food sector increased its sales substantially in supermarkets and hospitality. The tr...
14 November 2019
Sánchez Romero has revealed a new supermarket model, to launch in Madrid. Meanwhile, Ahorramás has launched a new supermarket model to emphasize its specialities. Carrefour highlights its progress in the organic category. Separately, El Corte Inglés secured a place in the Caleido Complex in 2020 and will launch a new brand image for the development.  Sánchez Romero creates a new supermarket mo...
25 September 2018
Carrefour aims to be a leader in ecommerce in the food sector, whilst creating omnichannel experiences in its shopping centres. El Corte Inglés and Repsol have furthered their partnership and have rapid expansion planned. Carrefour and its bid for ecommerce and omnichannel experiences Speaking at the annual gala of Carmila and Carrefour Property, key figures outlined Carrefour’s future tran...
25 June 2018
Spain-based El Corte Inglés has upgraded its grocery ecommerce offer with a suite of new design features. The retailer said that customers now have an easier path to purchase, optimised across computers, mobiles, and tablets. The changes The new design incorporates more navigation filters like organic, gluten-free or promotions, allowing shoppers to more easily specify their preferences. Th...
25 January 2018
Off the back of this week’s announcement that London will get three major new food halls during 2018, we look at some of the factors influencing and shaping what is a growing global opportunity. Delivering more choice The desire for a greater selection of menu items comes through as a consistent message from our ShopperVista food-to-go insights stream. In particular, food-to-go consumers co...
10 March 2017
As Spain-based Eroski and El Corte Inglés appoint new board directors and introduce an organic store concept respectively, we round up news from the country. Eroski makes new appoints to its board As the retailer continues its turnaround strategy, it has announced that its has appointed new members to its board of directors. The retailer said the new appointments will help it maintain its f...
21 October 2016
As DIA and Eroski’s purchasing alliance is signed off by Spain’s competition authority, Consum rolls out contactless payment, Condis promotes the strength of its online growth, El Corte Inglés expands its tie up with Repsol and its express delivery service, we round up news from the country. DIA, Eroski purchasing alliance gets sign off After being reported to Spain’s competition authority ...
30 August 2016
Spain-based El Corte Inglés has announced its full year 2015 results, for the year ending 29 February 2016, with a 4.3% rise in total sales, to €15.2 bn, hiding the continuing pressure being felt at its Hipercor hypermarket chain. Grocery formats remain under pressure Although the top line report from El Corte Inglés was positive, from a grocery perspective, the retailer remains under press...