Who owns el corte ingles

Meanwhile, the internet retail giant Amazon continues to beat its own sales records year after year. The Spanish fashion giant Inditex , owner of popular brands such as Zara, has also become a serious rival in terms of clothing sales. The coronavirus pandemic dug the hole a little deeper. Since then, the company has reduced its personnel by around 20, from levels, and now employs around 88, people.

But Venegas feels that coronavirus restrictions have not played a major role in the closure of centers. But not all the figures are bad. And despite the distribution problems, online sales have grown.

With physical sales down, the company is now looking to reinvent itself through new lines of business. Visit the new DW website Take a look at the beta version of dw.

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Business Spain's El Corte Ingles wants to become Europe's next Amazon Europe's largest department store chain was hit hard by the financial crisis.

Germany's Kaufhof and Karstadt to merge. The restaurant in El Corte Ingles in Madrid. German online shoppers are serial returners Germans are more and more likely to return items they have bought online, a new poll shows.

From his numerous trips and connections abroad he had an excellent knowledge of retailing outside of Spain. Over the next 17 years, it had six different owners before applying for bankruptcy protection at the end of The purchase added an additional 13 cities to the company's market penetration, as well as giving it a total of 12 stores in Madrid and five in Barcelona. Of particular interest were the development of "category killer" formats, the large specialty stores that were the hot retailing concept of the s in the United States.

The stores were operated under the Supercor name and sold food, produce, and other supermarket products at service stations. Principal Subsidiaries: Hipercor, S. Toggle navigation. User Contributions:. Comment about this article, ask questions, or add new information about this topic: Name:. E-mail: Show my email publicly. Human Verification:. Public Comment: characters. Send comment. Sign in. Accessibility help Skip to navigation Skip to content Skip to footer.

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