El Corte Inglés will open more supermarkets

What: The retailer plans to open 30 new El Corte Inglés Supermarkets outside of the department stores, with a renewed image and a more digital and sustainable format.

Why it is important: The project aims to strengthen the Group's position in the food area. It will also promote the other food brands: Hipercor, Club del Gourmet, the recently acquired Sanchez Romero and the supermarket chain Supercor (including Supercor Express and Supercor Stop & Go in alliance with Repsol).

Regarding the most premium segment, the company intends to continue developing its Club del Gourmet brand and promote the Madrid supermarket chain Sanchez Romero, as a benchmark for high-end products.