E&S is a Cypriot supermarket and hypermarket brand operated by the consumer co-operative company ESEL–SPOLP Ltd (ΕΣΕΛ-ΣΠΟΛΠ Λτδ), based in Limassol. In the 2000s, ESEL–SPOLP reported operating multiple E&S-branded stores and a larger flagship store in Limassol. Later, the company undertook a restructuring process centred on managing and renting its real-estate assets and arranging long-term repayment terms with creditors.[1][2]
History
Cooperative origins and growth
According to the company's published history, the cooperative's roots date to 1942 in Limassol, and later developed through mergers of cooperative retail and supply organisations (including a 1994 unification of ESEL and SPOLP).[3] In a 2007 report, ESEL–SPOLP described itself as the operator of cooperative shops and stated that the group included seven E&S stores, the E&S Landmark in Limassol, and additional retail formats, while also outlining expansion plans for other Cypriot cities. The same report stated total sales of CYP 37 million for the prior year (excluding franchise store revenues).