🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 152 (from laksa115)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa152.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical, ml_categories_json AS ml_categories_json, ml_types_json AS ml_types_json, ml_intent_types_json AS ml_intent_types_json, meta_language AS meta_language, attrs_author AS attrs_author, ifNull(toUnixTimestamp(attrs_publish_time), 0) AS attrs_publish_time, ifNull(toUnixTimestamp(attrs_original_publish_time), 0) AS attrs_original_publish_time, ifNull(attrs_is_republished, 0) AS attrs_is_republished, ifNull(attrs_nr_words, 0) AS attrs_nr_words, ifNull(attrs_boilerpipe_nr_words, 0) AS attrs_boilerpipe_nr_words, ifNull(body_ext_links_number, 0) AS body_ext_links_number, ifNull(body_int_links_number, 0) AS body_int_links_number, ifNull(meta_nofollow, 0) AS meta_nofollow, ifNull(meta_noarchive, 0) AS meta_noarchive, ifNull(props_was_rendered, 0) AS props_was_rendered, ifNull(src_redirect, \'\') AS src_redirect, ifNull(download_time_msec, 0) AS download_time_msec, ifNull(download_ttfb_msec, 0) AS download_ttfb_msec, ifNull(download_size, 0) AS download_size FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s\')), getAhrefsUnparsedNoserviceFromURL(\'https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s","crawl_time":1774616939,"first_indexed_time":1410746136,"http_code":200,"src_unparsed":"org,wikipedia!en,\/wiki\/El_Corte_Ingl%C3%A9s s443","src_root_hash":"17790707453426894952","history_drop_reason":null,"meta_title":"El Corte Inglés - Wikipedia","meta_descriptions":[],"attrs_boilerpipe_text":"El Corte Inglés, S.A.\nExterior of the store in\nMarbella\n(2019)\nCompany type\nSociedad Anónima\nIndustry\nRetail\nGenre\nDepartment stores\nFounded\n28 June 1940\n; 85 years ago\nin\nMadrid\n,\nSpain\nFounders\nRamón Areces\nCésar Rodríguez\nHeadquarters\nMadrid, Spain\nNumber of locations\n83 (2023)\nAreas served\nSpain\nPortugal\nKey people\nVictor del Pozo (chairman)\nMarta Álvarez Guil (president)\nProducts\nClothing\nfootwear\naccessories\nbedding\nfurniture\njewelry\nbeauty products\nhousewares\nRevenue\n€15.783 billion (2018)\nNet income\n€258 million (2018)\nNumber of employees\n90,004 (2018)\nSubsidiaries\nHipercor\nBricor\nSupercor\nOpencor\nViajes El Corte Inglés\nInformática El Corte Inglés\nWebsite\nelcorteingles\n.es\nFootnotes \/ references\n[\n1\n]\nEl Corte Inglés S.A.\n[\na\n]\nis a Spanish\ndepartment store\nchain founded in 1940 by\nRamón Areces\nand César Rodríguez. It is the last such remaining in\nSpain\nand\nPortugal\n, and has been a member of the\nInternational Association of Department Stores\nsince 1998.\n[\n2\n]\n[\n3\n]\nIt is the largest department store group in Europe,\n[\n4\n]\nand the third-largest in the world.\n[\n5\n]\n[\n6\n]\n[\n7\n]\nIn 1934, the founders Ramón Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor's shop (which began in 1890) located on one of\nMadrid\n's central streets,\ncalle Preciados\n, at the corner of\ncalle Carmen\nand\ncalle Rompelanzas.\nThey made it into a\nlimited company\n. The property where the shop was located had been owned by Julián Gordo Centenera since 1930.\n[\n8\n]\nThe prime location of the property soon attracted the attention of an\nAsturian\nbusinessman, Pepin Fernandez, who was looking to expand a business called\nSederias Carretas\nwhich he had started in 1934 with a capital contribution from his cousin Cesar Rodriguez Gonzales. His plan was to purchase all of the properties on the block to construct a new building to house his business, a vision which was later realized in the form of\nGalerias Preciados\n.\n[\n9\n]\nAround 1920, at 15, Areces had gone to\nHavana\n,\nCuba\n, and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. Cesar Rodriguez had asked Pepin Fernandez to hire his nephew Ramon Areces in\nSederias Carretas\nshortly after his return from Cuba. Pepin refused, so Cesar requested that he at least allow Ramon to operate El Corte Inglés while plans to acquire the block and construct the new building were finalized. Pepin, who had also learned the department store business at\nAlmacenes El Encanto\n, accepted the request, and transferred ownership of El Corte Inglés to Cesar on 23 December 1935, and acquired the property where it was located on behalf of\nSederias Carretas\nsoon after. Once Cesar took ownership of El Corte Inglés, he designated Ramon Areces as manager, a position which he held until his death, including during the\nSpanish civil war\n.\nWhen the war ended in 1939, El Corte Inglés moved to\ncalle Preciados\n, on the corner of\ncalle Tetuan\n, near the location of\nAlmacenes el Aguila\n, to make way for the new Galerias Preciados building. In 1940, Areces turned the tailor's shop into a\nsociedad limitada\n,\nregistering with 1 million pesetas of capital and shares divided equally between Cesar Rodriguez, who became the first president of El Corte Inglés S.L., and Ramon Areces, whose share of the capital contribution came from a loan facilitated by his uncle. As the business expanded, eventually Cesar Rodriguez became the majority shareholder, although Areces remained in charge of strategic decisions and the day-to-day operations of the business.\nIn 1945 and 1946, El Corte Inglés acquired its new building and expanded to encompass 2,000 square meters of retail space on 5 floors, and shifted to a department store organizational style similar to that of Galerias Preciados, which had been operational since 1943. The company saw continuous growth until 1952, when it converted its legal structure from a\nsociedad limitada\nto a\nsociedad anónima\nin which Cesar Rodriguez remained president and majority shareholder, a position which he held until his death in 1966. After this, Ramon Areces, who until  then had been managing director, became the president and largest shareholder.\nThe competition between El Corte Inglés and Galerias Preciados in the 1950s and 60's caused a revolution in Spanish retail distribution. Seasonal discounts, organized\nad campaigns\n, air conditioned stores, massive use of publicity, large scale use of\ndisplay windows\n, customer\nloyalty cards\n,\npoint of sale\ndata collection, and more. The expansion of El Corte Inglés began in 1962 with the opening of its second department store in\nBarcelona\n, and expansion continues until the present. Expansion also diversified into other formats including\nHipercor\n, first introduced in\nSeville\nin 1980. In 1969, the company started to branch out of the retail sector, first opening a\ntravel agency\n, Viajes El Corte Inglés, in 1969, followed by a telecom and computing equipment wholesaler, Investronica, in 1980, and an\nIT services\nand\nsoftware development\ncompany, Informática El Corte Inglés (IECISA), in 1986.\nAfter Areces died in 1989, his nephew\nIsidoro Álvarez\nbecame his successor and continued to expand the business while emphasizing self-reliant financing methods, opaque management techniques, and careful investment. In 1995, El Corte Inglés bought out Galerías Preciados, which was its only serious competitor. Galerias Preciados had entered bankruptcy.\n[\n10\n]\nIn addition to acquiring its arch-rival, El Corte Inglés purchased all of the\nMarks & Spencer\nstores in the\nIberian peninsula\nin 2001.\nEl Corte Inglés entered into a partnership with\nRepsol\nin 1998, through which El Corte Inglés would operate convenience stores at Repsol\nfuel stations\n. These stores were initially known as Repsol-Supercor, or Repsol-Opencor after 2008, while those not attached to fuel stations were called Opencor. In 2001, El Corte Inglés opened a retail fashion outlet called Sfera. Its first\nbig-box store\n, Bricor, specializing in\nhome decor\nand\nDIY\nsupplies, opened in 2006.\nIn October 2013, the firm sold a 51% stake in the financing department to the Spanish banking group\nGrupo Santander\nfor around €140 million.\n[\n11\n]\nFrom 2014 to 2018 the CEO of the company was\nDimas Gimeno\n. In March 2018, El Corte Inglés closed its store on\nLa Rambla\nof\nBarcelona\n.\n[\n12\n]\nIn 2019, El Corte Inglés sold IECISA to GFI for €300 million.\n[\n13\n]\nIn June 2020, El Corte Inglés bought the private security and services company MEGA 2 for 28 million euros.\n[\n14\n]\nInternational expansion\n[\nedit\n]\nThe first attempts at international expansion happened in 1981 with the acquisition of the\nHarris Company\n, a chain of mid-sized department stores in the\nUnited States\n. The venture was unsuccessful, and in 1998 El Corte Inglés made a deal with\nGottschalks\n, an American department store chain. Gottschalks took over management of the Harris Company's stores and gave El Corte Inglés 16% of Harris Company stock. It turned out to be a total loss later, when Gottschalks declared\nbankruptcy\nin the aftermath of the\n2008 financial crisis\n.\n[\n15\n]\nThat experience led to the company taking a much more conservative approach with its 2001 expansion in Portugal, with a store in\nLisbon\n, followed in 2006 with a store in\nVila Nova de Gaia\n, opposite the city of\nPorto\n. In 2006, just as it opened its second store outside of Spain (in\nVila Nova de Gaia\n), the company announced expansion outside the Iberian Peninsula: Italy was to be the first country to host a store, but owing to the ongoing Eurozone crisis, the plan was suspended, as well as the opening of the third store in Portugal.\n[\n16\n]\nVarious food products bearing the El Corte Inglés brand are marketed in Latin American stores.\nThe business group is divided into the following areas of activity, which are usually commercially configured as companies whose shareholding belongs in its entirety or overwhelmingly majority to El Corte Inglés S.A .:\nEl Corte Inglés S.A. The parent company, dedicated to distribution through department stores. This was the main activity of the company since its inception. In 2010 it still accounted for 59% of total revenues and about 63.7% of net profit. As of 28 February 2013, El Corte Inglés has 86 centres, 84 in Spain and 2 in Portugal.\nHipercor\n. Chain of\nhypermarkets\ndedicated to the distribution of food and household appliances. Hipercor was a response to the entry of French capital into the Spanish market in the 1980s, including\nAlcampo\n, Pryca and Continente, with the latter two merging and now operating under the\nCarrefour\nbrand.  As of 28 February 2013, Hipercor has 42 centres in Spain.\nBricor.\nHome improvement\nand home decor retailer. Bricor was a response to the consolidation of the sector by the Adeo group, which was formed from the Auchan group, which owned Alcampo, among other interests. The\nAuchan\ngroup also owns the\nLeroy Merlin\n, Aki and Bricomart brands in Spain. As of 28 February 2013, Bricor had 16 stores: 14 in Spain and 2 in Portugal.\nSupercor \/ Supercor Exprés.\nSupermarket\nand\nconvenience store\nchain. Supercor emerged to compete with mid-sized local grocery stores at the end of the 1990s, such as\nCaprabo\n,\nEroski\n, and\nMercadona\n. Supercor Express is a smaller sized convenience store format which was adopted by the company in 2011. The sum total of convenience stores, including Supercor, Supercor Express, and Opencor was 238 as of 28 February 2013.\nSfera\n.\nFashion retailer\nstores group. over as of the end of 2022, 490 points of sale - mostly freestanding stores - owned and franchised, including 75 stores-in-store within El Corte Inglés department stores in Spain and Portugal. Sales in fiscal 2020 were 461 million euro.\n[\n17\n]\nThere are stores (as of December 2022) in:\n[\n18\n]\nIt was conceived as a response to chains like\nH&M\n, and the Spanish brands\nMango\n,\nZara\n, and Springfield, the latter two of which belong to Inditex and\nCortefiel\nrespectively.\nIT and communications\n[\nedit\n]\nIn the\nIT\nand communications fields, El Corte Inglés has three subsidiaries, which are listed in order of establishment:\nInformática El Corte Inglés (IECISA). Dedicated to\nIT consulting\n,\nsoftware development\nand computing services.\nInvestrónica. Consumer computing and telephony wholesaler, and former computer manufacturer under the Inves brand. Integrated in IECISA from 2015.\nTelecor. Telecommunications services for consumers and businesses.\nIn the service sector, the El Corte Inglés group owns:\nViajes El Corte Inglés\n.\nTravel agency\ngroup from a wholesale and retail point of view. As\ntravel agency\nit has 599 branches worldwide, 506 of which are in Spain and 93 abroad.\nSeguros El Corte Inglés (CESS). Insurance company dedicated to\ninsurance brokerage\nand financial and real estate mediation. It has 105 branches, most of which are located in the El Corte Inglés department stores, although some are dedicated Seguros El Corte Inglés storefronts.\nFinanciera El Corte Inglés. A consumer credit company that finances purchases for customers and distributes the El Corte Inglés shopping card. Present in Spain and Portugal. 51% of the capital of Financiera El Corte Inglés belongs to\nBanco Santander\nas of 2014.\n[\n19\n]\nMEGA 2. A security and terciary service company present in Spain and Portugal.\nGrupo Sicor. Provision of services related to physical and digital security, integral services, cleaning and maintenance, logistics, and employment.\nSweno. A telecomm company.\nSweno Energia. A residential and commercial electrical utility.\nBitcor. A cryptocurrency company.\nAuxiliary businesses\n[\nedit\n]\nEl Corte Inglés owns 100% of a number of businesses auxiliary to their main business functions, unless otherwise noted.\nIndustrias y Confecciones S.A.\n(INDUYCO). Integrated into the group in 2010.\nAson Inmobiliaria de Arriendos S.L.\nA real estate and rental management company.\nConstrucciones, Promociones e Instalaciones S.A.\nA construction and renovation company.\nEditorial Universitaria Ramón Areces S.A.\nA publisher of text books for Spanish universities.\nTourmodial Operadores S.A.\nA travel services company.\nParinver S.A. (75.83%). A holding company which owns some hotel groups and other businesses.\n[\n20\n]\nThe company has partial ownership in other businesses:\n50% of\nGestion de Puntos de Venta S.A.\n(GESPEVESA) which manages Opencor stores at Repsol fuel stations.\n50% of\nSephora\nCosmeticos España S. L.\n6.15% of\nEuroforum Escorial S.A.,\na training and corporate events company.\n4,36 % of\nParque Temático de Madrid S.A.\nwhich operates\nParque Warner Madrid\n.\n1.7% of\nIAG\n.\nEl Corte Inglés' website was the largest in terms of the number of its customers in Spain, with 3.7 million customers in 2011. In 2013, 3.5 million customers and 137 million visits were registered. In December 2016 they reached their monthly peak, with more than 14 million unique users and more than 30 million visits to www.elcorteingles.es, increasing to 32 million in January 2017, becoming the most visited Spanish commercial website in Spain. It was the second most visited ecommerce website in Spain in 2017, behind\nAmazon.com\n.\n[\n21\n]\nSince 1999 its General Director of Electronic Commerce and Distance Sales Division is Ricardo Goizueta Sagues and the Digital Director or Chief Digital Officer (CDO) is, since 2012, José María Fernández Ortega.\n[\n22\n]\nAccording to\nDeloitte\n's report on \"Global Powers of Retailing,\" El Corte Inglés ranked 97th in 2020, down 27 places from 2019, when it ranked 69th. This made it the 3rd largest retailer by volume in Spain, behind\nInditex\nand\nMercadona\n. Total retail revenue in 2020 amount to €12,077 million.\n[\n23\n]\nAs of 2008, it was the second largest family business in Spain, and the 66th largest in the world.\n[\n24\n]\nThe company's retail revenue and net profit both increased continuously until 2007, when they began to drop. The company has not since returned to its 2007 peak of revenue, which was close to €18,000 million, with €747.6 million net profits.\n[\n25\n]\nSince then, both revenue and profits declined until 2015, and then increased until 2019.\n[\n26\n]\n[\n27\n]\nAlthough the company is known for jealously guarding its privacy,\n[\n28\n]\nnumerous statements have indicated that the Ramón Areces Foundation is the biggest shareholder, with 37% of the company's shares willed to the foundation by its founder.\n[\n29\n]\nIsidoro Alvarez controls these shares as president of the foundation, together with his own shares, which are believed to be somewhere between 15 and 27% of total shares, making him the largest shareholder.\nCartera de Valores IASA is the second biggest shareholder, with 22% of shares.\n[\n30\n]\nApproximately 9% of shares are owned by the children of Luis Areces, Ramon Areces' brother, via the\nCorporacion Ceslar\n. Equal parts of approximately 3% of the shares, were divided between the four brothers of the Areces Fuentes brothers, sons of Ramon Areces' other brother Celestino. The brothers acquired these shares through inheritance after the liquidation of the holding company. After a lengthy legal conflict, however, they sold their shares to El Corte Inglés.\n[\n31\n]\nIngondel S.L. which held 6% of El Corte Inglés' capital, was property of descendants of César Rodríguez. It was acquired in 2009. A 7% share is in the hands of Cartera Mancor, S.L., which is also made up of the descendants of César Rodríguez, by way of Paloma García Peña.\nApproximately 3% is held by other members of the administrative council, and the remainder is divided between the treasure and some 3000 directors and executives of the company. It is presumed that these shareholders are always employees while they hold shares, since there are restrictions on the transfer of shares.\nThe administrative council of El Corte Inglés is composed of the following individuals:\n[\n32\n]\nMarta Álvarez Guil. elected president 11 July 2019.\n[\n33\n]\nCristina Álvarez Guil.\nJesús Nuño de la Rosa y Coloma.\nFernando Becker Zuazua.\nManuel Pizarro Moreno\n.\nVíctor del Pozo Gil.\nHamad bin Jassem bin Jabr Al Thani\n, represented by Shahzad Shahbaz.\nCartera Mancor, S.L, represented by Paloma García Peña.\nCorporación Ceslar, represented by Ana Carlota Areces Galán.\nAntonio Hernández-Gil\n(secretary).\nJuan Moral-de la Rosa (vice-secretary)\nLike Galerias Preciados in its time, El Corte Inglés' business model was based on introducing American style department stores to Spain during a period where Spain was emerging from economic isolation and\nautarky\n. As such, its business model revolved around the idea of a store where customer could buy everything, hence its slogan \"The store for all your shopping\" (\nLa tienda de todas tus compras).\nStores aimed not only to offer a wide variety of articles, but also goods of different levels of quality, with goods divided into departments with additional services such as home deliveries, wedding lists, repairs included in sale price, etc., as well as satisfaction and quality assurances through\nmoney-back guarantees\n.\nThis model depends on the performance of the following actors:\nThe company's main business model has remained constant until the present. Its social and\ncorporate responsibility\ndocuments emphasize five pillars of commitment to the customers: quality, service, assortment, specialization, and guarantees.\n[\n34\n]\nThis approach has been used to build\ncustomer loyalty\n.\nIn the food department, the company has launched a\ngeneric brand\ncalled Aliada. The El Corte Inglés shopping card is a\ncredit card\nwhich was introduced in 1968, and is one of the most popular in Spain, with 11.58 million active cards in Spain in 2017. Card holders have a one-month\ngrace period\nto pay off the balance of their card, with an option to defer payment for up to three months without interest, although administrative fees apply. Payment can also be deferred with low\ninterest\npayments for up to 36 months. The card also grants holders the right to at least 2 hours free parking in store\nparking garages\n, and allows the purchase of any product sold in El Corte Inglés centers. Since 2006, the card can also be used to pay for fuel at Repsol fuel stations.\nIn 2011, the company's workforce was made up of 99,323 employees, down from 102,699 the previous year.\n[\n35\n]\n93% of those had long-term contracts, and 71% were full-time. The median age of employees was 39 years, with 13 years of experience. 37% of total employees were male compared to 63% female, although in management males outnumbered females.\nAnnual reports indicated that in 2012, the total number of employees further declined to 96,678, 94% of whom were full time, and 64% of whom were female. The relationship between El Corte Inglés and its employees has traditionally been formal, familiar, and paternalistic, with the company trying to establish feedback between the company and its employees. The company provides training and educational assistance, financial services, and discounts or financing for purchasing goods and services.\nThe company has received criticism for discriminating against women,\n[\n36\n]\nharassment of\nlabor unions\n,\n[\n37\n]\nis directly implicated in exploitative labor practices.\n[\n38\n]\nIn the majority of the company's locations, union elections are won by Fetico or FASGA, a national retail union accused of being a\nyellow union\nby the UGT and\nCCOO\n. Some companies in the El Corte Inglés group, such as Induyco, have been criticized by groups like\nOxfam\nfor issues of\nprecarious work\nand exploitation of textile workers in\nthird world\ncountries.\n[\n39\n]\n[\n40\n]\n[\n41\n]\nThe company has pursued\nvertical integration\nsince early on, especially with textiles, when Ramon Areces and other shareholders founded Induyco in 1949, and which became a\nsociedad anonimo\nin 1955. Induyco, in spite of having a non-proprietary relationship with El Corte Inglés, initially had El Corte Inglés as its exclusive wholesale client, and its employees were offered benefits as if they belonged to the same group. Later, Induyco still had El Corte Inglés as its majority client, although the relationship was no longer exclusive, though its share structure remained the same, and Isidoro Alvarez was the president. In 2010 El Corte Inglés integrated Induyco into its corporate structure, and in 2012 it ceased activities.\n[\n42\n]\nIn the field of texties, in addition to Induyco, the company created\nConfecciones Teruel\nin 1975 and\nIndustrias del Vestido\nin 1976. Both companies got the majority of their capital from the Induyco group which itself was part of\nInvestronica\nand\nInvesgen\n. Its creation was motivated by labor conflicts which occurred at Induyco during those years.\n[\n43\n]\nIn the field of supplying special materials for sale, the company created\nMostoles Industrial\nin the same way as Induyco.\nMostoles Industrial\n, unlike Induyco, retained El Corte Inglés as its exclusive customer while having a non-proprietary relationship with it.\nMostoles\nis most well known for its production of kitchen furniture for the \"Forlady\" brand.\nOn the side of real estate development, the company created\nConstrucción, Promociones e Instalaciones S.A.\nin 1976, whose capital is derived in its entirety from the El Corte Inglés group, and which is responsible for the construction of new stores and renovation of existing ones.\nPublicity and advertising\n[\nedit\n]\nEl Corte Inglés has one of the biggest advertising budgets in Spain. In 2011, the group was the biggest advertiser in Spain, with an investment of 171.3 million euros, and as an individual El Corte Inglés itself was the third biggest, with a budget of 99.8 million euros.\n[\n44\n]\nThe company periodically conducts large publicity campaigns like\nSemana Fanstisca\n(Fantasic Week) and the\nOcho Dias de Oro\n(the Eight Golden Days) by announcing discounts on its products. On the\nChristmas\nholiday, it organizes an animation spectacle called \"Cortylandia\" in its main stores.\nFurthermore, part of El Corte Inglés'\ncompany culture\nincludes sponsoring a number of activities that also serve as a form of advertising. For example, the El Corte Inglés Rally is a\nrally race\nthat ran on the\nCanary Islands\nfrom 1977 to 2001.\nMadrid-Castellana flagship\n[\nedit\n]\nThe chain's\nSpanish\n:\nbuque insignia\n(\nflagship\n) department store is\nEl Corte Inglés Castellana\nin Madrid's Tetuán district, in the Cuatro Caminos neighbourhood, just west of\nPaseo de la Castellana\nboulevard and\nNuevos Ministerios\nstation. It opened in 1969 and its biggest extension opened on 7 October 2011 on the site of the\nWindsor Building\nwhich caught fire in 2005 and was demolished. In its place, the\nTorre Titania\ntower, which connects to the original store, was built. It was designed by architects Pablo Muñoz López and Pedro Vilata Capón\/Capont.\n[\n45\n]\nThe complex encompasses several buildings. The largest has 27 floors, including five below ground dedicated providing parking for 1,600 cars. There are two block of two technical floors  each which house engine rooms, air treatment units, elevator machinery, etc. There is a total floor area of 170,000 m\n2\n(1,800,000 sq ft) of which 70,000 m\n2\n(750,000 sq ft) is dedicated to retail sales, thus ranking among the\n20 largest department store locations\ncurrently in operation worldwide.  The company spent around 300 million euro\n[\n46\n]\nfrom 2008 through 2011 with the construction of a new building at Castellana 85, dedicated to decoration, that was then integrated with the existing one. After the remodeling and reorganization, merchandise was presented in a differentiated and themed way, in addition to new brands, services, and spaces, such as the\nGourmet Experience\na\nfood hall\nwith sales of gourmet products, and dining options such as seafood, Asian, Italian, Iberian specialties, hamburgers, grilled meats and fish, cheeses, skewers, fresh pastries, and fresh juices.\n[\n47\n]\nThe Castellana flagship location carries the most comprehensive collection of designers of any large store in Spain. Designer boutiques in the store include\nHermès\n,\nLouis Vuitton\n,\nCartier\n,\nArmani\n,\nArmani Jeans\n,\nArmani Collezioni\n,\nGucci\n,\nLoewe\n,\nDockers\n,\nRalph Lauren\n,\nBulgari\n,\nDior\n,\nDior Homme\n, Georges Rech,\nVersace\n,\nHugo Boss\n, Boss Woman,\nErmenegildo Zegna\n,\nTommy Hilfiger\n,\nDolce&Gabbana\n,\nBurberry (men\/women)\n,\nFaçonnable\n,\nPal Zileri\n,\nPaul & Shark\n,\nLacoste\n, Pavillon Christofle,\nCH by Carolina Herrera\n,\nEscada Sport\n,\nJames Purdey and Sons\n,\nLloyd's\n, Purificación García,\nCalvin Klein\n, Caroll Paris, Amitie, and Episode. The store has its own brands (Emidio Tucci, Dustin).\n[\ncitation needed\n]\nAlso in the complex is a branch of the Madrid-based Aldeo jewelers, carrying such jewellery designers as\nBoucheron\n,\nBlancpain\nand\nHamilton\n.\n[\ncitation needed\n]\nPreciados–Callao store\n[\nedit\n]\nThe Preciados–Callao store complex in the heart of Madrid consists of 4 buildings, including the original flagship Madrid stores of El Corte Inglés and Galerías Preciados:\n[\n48\n]\nCalle de Preciados\n#3–5, 7 stories, original flagship of the chain, opened 1945 at #3, expanded 1955 to #5\n[\n49\n]\n- men's, women's and children's clothing and accessories including some sports apparel, cosmetics and fragrances, plus a café and restaurant\nPlaza de Callao\n#2. Built 1964-8, architects Antonio Perpiñá Sebriá\n(\nes\n)\nand Luis Iglesias\n[\n50\n]\non site of\nHotel Florida\nas the flagship of\nGalerías Preciados\nwhich moved from adjacent\nPreciados\n#28, now\nFnac\n. 9 stories - home and other non-apparel departments including the\nGourmet Experience\nfood hall\non floor 9\nPlaza de la\nPuerta del Sol\n#10, 4 stories - sports clothing and accessories, sporting goods\nCalle Maestro Victoria #6, 1 story (pet supplies)\nEl Corte Inglés\ndepartment stores,\nHipercor\nhypermarkets,\nSupercor\nurban supermarkets\nClothing\nAlía\nDustin\nEasy Wear\nEmidio Tucci\n(men's formalwear)\nÉnfasis\nFormul@ Joven\nGloria Ortiz\n(clothing, accessories)\nLloyd's\nSfera\nYera\nUnit\nSports apparel\nBoomerang\nRunfit\n(Hipercor only)\nCosmetics\nLínea Pura\nOleada\nPlantea\n(skin care)\nVeckia\nHome furnishings (only at El Corte Inglés stores)\nPrivium\nUrban-Chic\nUrban-Class\nCasa Actual\nHome appliances and electronics\nSaivod\nAnsonic:\n(only in Hipercor)\nDigrato\n(coffee machines\/capsules)\nInves\n(software)\nCulture\nÁmbito Cultural\n: cultural events, expositions, literary prizes, cinematography, musical and painting awards, scholarships.\nCineclub\n: collection of classic cinema.\nPitiflú\n: children's entertainment, including storytelling, magic shows, workshops, puppet shows, children's theater and circus events.\nRubiños 1860\n: bookstore.\nFood\nAliada\n: generic brand\nSpecial Line\n:\ndiet foods\nTelecom\nSweno\nTelecor\nCryptocurrency\nBitcor\nPrivate security\nSicor\nOther\nLa Tienda en Casa\n: telesales via television and internet\nOralli\n: travel accessories\nDoblecero\n: loyalty card\nPrimeriti\n: private online sales club\nExterior of the flagship store at the\nTorre Titania\nin\nCastellana\n,\nMadrid\n(2014)\nElche\n(Elx) store, 2009\nMurcia\nstore at Christmastime 2023\nThe Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area\n^\nSpanish pronunciation:\n[el\nˈkoɾte\njŋˈɡles]\n; Spanish for \"the English Cut\" (as in \"the English style of dressmaking\")\n^\n\"Corporate Information\"\n. Retrieved\n31 January\n2019\n.\n^\n\"El Corte Inglés\"\n.\nwww.iads.org\n. Retrieved\n22 April\n2021\n.\n^\n\"News releases - www.stockmanngroup.com\"\n.\nwww.stockmanngroup.com\n. Retrieved\n20 June\n2021\n.\n^\n\"\nHome\n.\" El Corte Inglés Corporate. Retrieved on 17 December 2010. \"El Corte Inglés, S.A. Hermosilla, 112. 28009 Madrid.\"\n^\n\"El Corte Inglés rises to the world podium of department stores\"\n. 29 August 2018\n. Retrieved\n31 January\n2019\n.\n^\n\"DGAP-Media: JAXX subsidiary Serviapuestas signs exclusive deal with Europe's largest retail group El Corte Inglés\"\n. Retrieved\n3 June\n2017\n.\n^\nGonzález, Aníbal (9 March 2007).\n\"La rebelión de la familia Areces contra Isidoro Alvarez aboca a El Corte Inglés a salir a Bolsa\"\n.\nelconfidencial.com\n(in Spanish)\n. Retrieved\n30 June\n2022\n.\n^\n\"La idea de un nuevo negocio\"\n(PDF)\n(in Spanish). ceccadiz.org. Archived from\nthe original\n(PDF)\non 21 May 2013\n. Retrieved\n10 December\n2024\n.\n^\n\"Los grandes almacenes pierden en España su carácter de negocio familiar\"\n.\nEl País\n(in Spanish). 11 July 1981.\nISSN\n \n1134-6582\n. Retrieved\n30 June\n2022\n.\n^\n\"Isidoro Álvarez asume la presidencia de El Corte Inglés y de la Fundación Ramón Areces\"\n.\nEl País\n. 2 August 1989\n. Retrieved\n3 June\n2017\n.\n^\nRuano, Carlos (8 October 2013).\n\"Spain's Santander to buy 51 percent of El Corte Inglés finance arm\"\n. Reuters.\n^\n\"El Corte Inglés cierra en el centro de Barcelona: baja la persiana en Plaza Cataluña\"\n.\nwww.modaes.com\n(in Spanish)\n. Retrieved\n30 June\n2022\n.\n^\nGroup, IT Digital Media (27 November 2019).\n\"El Corte Inglés vende IECISA a GFI por más de 300 millones de euros | Actualidad\"\n.\nIT User\n(in Spanish)\n. Retrieved\n30 June\n2022\n.\n^\nDÍAS, CINCO (14 July 2020).\n\"El Corte Inglés compra la empresa de seguridad Mega 2 para diversificar negocios\"\n.\nCinco Días\n(in Spanish)\n. Retrieved\n11 May\n2022\n.\n^\n\"El fin del sueño californiano golpea a El Corte Inglés | soitu.es\"\n.\nwww.soitu.es\n. Retrieved\n30 June\n2022\n.\n^\n\"El Corte Inglés - información corporativa\"\n.\nwww.elcorteingles.es\n. Retrieved\n3 June\n2017\n.\n^\nPress, Europa (30 September 2020).\n\"El Corte Inglés materializa este jueves la absorción de Sfera\"\n[El Corte Inglés materializes this Thursday the absorption of Sfera].\nwww.europapress.es\n. Retrieved\n10 December\n2023\n.\n^\nNon-financial statement 2022\n(PDF)\n(Report). El Corte Inglés S.A. 2022. pp. \n24–\n26\n. Retrieved\n10 December\n2023\n.\n^\n\"Quiénes somos - Financiera El Corte Inglés\"\n.\nwww.financieraelcorteingles.es\n. Retrieved\n2 July\n2022\n.\n^\nRopero, Javier García (12 August 2020).\n\"El Corte Inglés culmina la adquisición de Mega-2 integrándola en Parinver\"\n.\nCinco Días\n(in Spanish)\n. Retrieved\n2 July\n2022\n.\n^\n\"Amazon lidera el ecommerce en España, con una facturación de 871 MM€ en 2016; El Corte Inglés segundo con 651 MM€ - Ecommerce News\"\n. 24 February 2020. Archived from\nthe original\non 24 February 2020\n. Retrieved\n2 July\n2022\n.\n^\n\"Así aborda El Corte Inglés el reto del \"e-commerce\"\n\"\n.\nExpansión.com\n(in Spanish). 10 November 2016\n. Retrieved\n2 July\n2022\n.\n^\n\"Global Powers of Retailing 2022\"\n.\nDeloitte\n. Retrieved\n1 July\n2022\n.\n^\nSemana (19 September 2008).\n\"El poder de las Empresas Familiares en el Mundo\"\n.\nSemana.com Últimas Noticias de Colombia y el Mundo\n(in Spanish)\n. Retrieved\n1 July\n2022\n.\n^\nperpe (27 August 2012).\n\"Ventas y beneficios de El Corte Inglés\"\n.\nPerpe\n. Retrieved\n1 July\n2022\n.\n^\n\"Información Corporativa Grupo El Corte Inglés, 19\/06\/2020\"\n. Retrieved\n19 June\n2020\n.\n^\nEl Corte Inglés (Spain) (ed.).\n\"El Corte Inglés (corporate information)\"\n. Archived from\nthe original\non 16 October 2014\n. Retrieved\n6 June\n2020\n.\n^\n\"El Corte Inglés will resist any IPO moves -sources\"\n.\nReuters\n. 8 August 2014. Archived from\nthe original\non 8 August 2014\n. Retrieved\n1 July\n2022\n.\n^\nUgalde, Ruth (16 September 2014).\n\"Isidoro Álvarez deja una herencia de 1.500 millones en acciones de El Corte Inglés\"\n.\nelconfidencial.com\n(in Spanish)\n. Retrieved\n1 July\n2022\n.\n^\n\"El Corte Inglés tendrá dos consejeros delegados, Del Pozo y Nuño de la Rosa\"\n.\nLa Vanguardia\n(in Spanish). 23 October 2017\n. Retrieved\n1 July\n2022\n.\n^\n\"La juez condena a El Corte Inglés a pagar a César Areces 98,5 millones por sus acciones\"\n.\nEl País\n(in Spanish). 17 April 2007.\nISSN\n \n1134-6582\n. Retrieved\n1 July\n2022\n.\n^\n\"Consejo de Administración\"\n.\nEl Corte Inglés\n. Retrieved\n2 July\n2022\n.\n^\n\"Marta Álvarez, elegida nueva presidenta de El Corte Inglés por unanimidad\"\n.\nabc\n(in Spanish). 10 July 2019\n. Retrieved\n2 July\n2022\n.\n^\n\"Compromisos con el cliente\"\n.\nEl Corte Inglés\n. Retrieved\n2 July\n2022\n.\n^\nelEconomista.es.\n\"El corte inglés empleaba a 99.323 personas en 2011, frente a las 102.699 de 2010 - elEconomista.es\"\n.\nwww.eleconomista.es\n(in Spanish)\n. Retrieved\n3 July\n2022\n.\n^\nRequena, A. (3 June 2013).\n\"El Corte Inglés, condenado por discriminación salarial a sus trabajadoras\"\n.\nElDiario.es\n(in Spanish)\n. Retrieved\n3 July\n2022\n.\n^\nelDiariocv (13 September 2014).\n\"CCOO denuncia persecución sindical en El Corte Inglés\"\n.\nElDiario.es\n(in Spanish)\n. Retrieved\n3 July\n2022\n.\n^\n\"Explotación en El Corte Inglés: Atreverse a luchar, atreverse a vencer – Rebelion\"\n(in Spanish)\n. Retrieved\n3 July\n2022\n.\n^\n\"SNet: INDITEX (Zara), MANGO, CORTEFIEL e INDUYCO-EL CORTE INGLÉS, DENUNCIADAS por EXPLOTACIÓN LABORAL en el TERCER MUNDO\"\n.\nantigua.solidaridad.net\n. Archived from\nthe original\non 3 July 2022\n. Retrieved\n3 July\n2022\n.\n^\n\"SNet: El Corte Inglés controla más del 90% de los grandes almacenes y subcontrata en Tanger con salarios de miseria\"\n.\nantigua.solidaridad.net\n. Archived from\nthe original\non 3 October 2022\n. Retrieved\n3 July\n2022\n.\n^\n\"SNet: INDITEX (Zara), El Corte Inglés Y MAYORAL ACUSADAS de COMPLICIDAD en la VIOLACIÓN de DERECHOS HUMANOS y LABORALES en MARRUECOS\"\n.\nantigua.solidaridad.net\n. Archived from\nthe original\non 3 July 2022\n. Retrieved\n3 July\n2022\n.\n^\n\"El Corte Inglés integra a Induyco | CondeNast - Profesional\"\n. 18 October 2010. Archived from\nthe original\non 18 October 2010\n. Retrieved\n4 July\n2022\n.\n^\nLuchas Autonomos en la Transicion Democratica\n(in Spanish). Madrid, Spain: Promocion del Pueblo. 1977.\n^\nRedacción (28 February 2012).\n\"InfoAdex: El Corte Inglés y P&G, los principales anunciantes en España en 2011\"\n.\nMarketing Directo\n(in Spanish)\n. Retrieved\n4 July\n2022\n.\n^\n\"Los compradores estrenan la antigua torre Windsor\"\n[The buyers unveil the old Windsor Tower].\nEl País\n(in Spanish). 17 January 2011\n. Retrieved\n10 December\n2023\n.\n^\n\"El Corte Inglés abre su \"buque insignia\" de Castellana, con una inversión de más de 300 millones\"\n[El Corte Inglés opens its \"flagship\" of Castellana, with an investment of more than 300 million].\nTelemadrid\n(in Spanish). 27 October 2011\n. Retrieved\n10 December\n2023\n.\n^\n\"El Corte Inglés de Castellana se sitúa a la cabeza de la innovación con nuevos espacios y conceptos\"\n[El Corte Inglés Castellana Store at Head of Innovation with its New Spaces and Concepts].\nEl Corte Inglés\n(in European Spanish). 26 October 2011\n. Retrieved\n10 December\n2023\n.\n^\n\"Departamentos en El Corte Inglés Preciados–Callao\"\n.\nEl Corte Inglés\n. Retrieved\n7 January\n2024\n.\n^\n\"Historia del Grupo\"\n[History of the Group].\nEl Corte Inglés\n. Retrieved\n7 January\n2024\n.\n^\nCapitel, Antón (18 August 2019).\n\"La Gran Vía de Madrid. Breve biografía crítica de una gran calle (IV)\"\n[The Gran Vía of Madrid. Brief critical biography of a great street (IV)].\nVeredes, arquitectura y divulgación\n(in Spanish)\n. Retrieved\n7 January\n2024\n.\nOfficial website","attrs_markdown":"[Jump to content](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#bodyContent)\n\nMain menu\n\nMain menu\n\nmove to sidebar\n\nhide\n\nNavigation\n\n- [Main page](https:\/\/en.wikipedia.org\/wiki\/Main_Page \"Visit the main page [z]\")\n- [Contents](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Contents \"Guides to browsing Wikipedia\")\n- [Current events](https:\/\/en.wikipedia.org\/wiki\/Portal:Current_events \"Articles related to current events\")\n- [Random article](https:\/\/en.wikipedia.org\/wiki\/Special:Random \"Visit a randomly selected article [x]\")\n- [About Wikipedia](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:About \"Learn about Wikipedia and how it works\")\n- [Contact us](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Contact_us \"How to contact Wikipedia\")\n\nContribute\n\n- [Help](https:\/\/en.wikipedia.org\/wiki\/Help:Contents \"Guidance on how to use and edit Wikipedia\")\n- [Learn to edit](https:\/\/en.wikipedia.org\/wiki\/Help:Introduction \"Learn how to edit Wikipedia\")\n- [Community portal](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Community_portal \"The hub for editors\")\n- [Recent changes](https:\/\/en.wikipedia.org\/wiki\/Special:RecentChanges \"A list of recent changes to Wikipedia [r]\")\n- [Upload file](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:File_upload_wizard \"Add images or other media for use on Wikipedia\")\n- [Special pages](https:\/\/en.wikipedia.org\/wiki\/Special:SpecialPages \"A list of all special pages [q]\")\n\n[![](https:\/\/en.wikipedia.org\/static\/images\/icons\/enwiki-25.svg) ![Wikipedia](https:\/\/en.wikipedia.org\/static\/images\/mobile\/copyright\/wikipedia-wordmark-en-25.svg) ![The Free Encyclopedia](https:\/\/en.wikipedia.org\/static\/images\/mobile\/copyright\/wikipedia-tagline-en-25.svg)](https:\/\/en.wikipedia.org\/wiki\/Main_Page)\n\n[Search](https:\/\/en.wikipedia.org\/wiki\/Special:Search \"Search Wikipedia [f]\")\n\nAppearance\n\n- [Donate](https:\/\/donate.wikimedia.org\/?wmf_source=donate&wmf_medium=sidebar&wmf_campaign=en.wikipedia.org&uselang=en)\n- [Create account](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:CreateAccount&returnto=El+Corte+Ingl%C3%A9s \"You are encouraged to create an account and log in; however, it is not mandatory\")\n- [Log in](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:UserLogin&returnto=El+Corte+Ingl%C3%A9s \"You're encouraged to log in; however, it's not mandatory. [o]\")\n\nPersonal tools\n\n- [Donate](https:\/\/donate.wikimedia.org\/?wmf_source=donate&wmf_medium=sidebar&wmf_campaign=en.wikipedia.org&uselang=en)\n- [Create account](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:CreateAccount&returnto=El+Corte+Ingl%C3%A9s \"You are encouraged to create an account and log in; however, it is not mandatory\")\n- [Log in](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:UserLogin&returnto=El+Corte+Ingl%C3%A9s \"You're encouraged to log in; however, it's not mandatory. [o]\")\n\n## Contents\nmove to sidebar\n\nhide\n\n- [(Top)](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s)\n- [1 History](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#History)\n  Toggle History subsection\n  - [1\\.1 International expansion](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#International_expansion)\n- [2 Business units](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Business_units)\n  Toggle Business units subsection\n  - [2\\.1 Retail](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Retail)\n  - [2\\.2 IT and communications](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#IT_and_communications)\n  - [2\\.3 Service sector](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Service_sector)\n  - [2\\.4 Auxiliary businesses](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Auxiliary_businesses)\n  - [2\\.5 E-commerce](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#E-commerce)\n- [3 Corporate affairs](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Corporate_affairs)\n  Toggle Corporate affairs subsection\n  - [3\\.1 Shareholders](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Shareholders)\n- [4 Business model](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Business_model)\n  Toggle Business model subsection\n  - [4\\.1 Customers](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Customers)\n  - [4\\.2 Human resources](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Human_resources)\n  - [4\\.3 Suppliers](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Suppliers)\n  - [4\\.4 Publicity and advertising](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Publicity_and_advertising)\n- [5 Flagship stores](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Flagship_stores)\n  Toggle Flagship stores subsection\n  - [5\\.1 Madrid-Castellana flagship](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Madrid-Castellana_flagship)\n  - [5\\.2 Preciados–Callao store](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Preciados%E2%80%93Callao_store)\n- [6 Brands](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Brands)\n- [7 Gallery](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Gallery)\n- [8 Notes](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#Notes)\n- [9 References](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#References)\n- [10 External links](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#External_links)\n\nToggle the table of contents\n\n# El Corte Inglés\n27 languages\n\n- [Afrikaans](https:\/\/af.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Afrikaans\")\n- [العربية](https:\/\/ar.wikipedia.org\/wiki\/%D8%A5%D9%84_%D9%83%D9%88%D8%B1%D8%AA%D9%8A_%D8%A5%D9%86%D8%BA%D9%84%D9%8A%D8%B2 \"إل كورتي إنغليز – Arabic\")\n- [تۆرکجه](https:\/\/azb.wikipedia.org\/wiki\/%D8%A7%D9%84_%DA%A9%D9%88%D8%B1%D8%AA%D9%87_%D8%A7%DB%8C%D9%86%D9%82%D9%84%D8%B3 \"ال کورته اینقلس – South Azerbaijani\")\n- [Български](https:\/\/bg.wikipedia.org\/wiki\/%D0%9A%D0%BE%D1%80%D1%82%D0%B5_%D0%98%D0%BD%D0%B3%D0%BB%D0%B5%D1%81 \"Корте Инглес – Bulgarian\")\n- [Català](https:\/\/ca.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Catalan\")\n- [Dansk](https:\/\/da.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Danish\")\n- [Deutsch](https:\/\/de.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – German\")\n- [Esperanto](https:\/\/eo.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Esperanto\")\n- [Español](https:\/\/es.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Spanish\")\n- [Euskara](https:\/\/eu.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Basque\")\n- [فارسی](https:\/\/fa.wikipedia.org\/wiki\/%D8%A7%D9%84_%DA%A9%D9%88%D8%B1%D8%AA%D9%87_%D8%A7%DB%8C%D9%86%DA%AF%D9%84%D8%B3 \"ال کورته اینگلس – Persian\")\n- [Suomi](https:\/\/fi.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Finnish\")\n- [Français](https:\/\/fr.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – French\")\n- [Galego](https:\/\/gl.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Galician\")\n- [Italiano](https:\/\/it.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Italian\")\n- [日本語](https:\/\/ja.wikipedia.org\/wiki\/%E3%82%A8%E3%83%AB%E3%83%BB%E3%82%B3%E3%83%AB%E3%83%86%E3%83%BB%E3%82%A4%E3%83%B3%E3%82%B0%E3%83%AC%E3%82%B9 \"エル・コルテ・イングレス – Japanese\")\n- [한국어](https:\/\/ko.wikipedia.org\/wiki\/%EC%97%98_%EC%BD%94%EB%A5%B4%ED%85%8C_%EC%9E%89%EA%B8%80%EB%A0%88%EC%8A%A4 \"엘 코르테 잉글레스 – Korean\")\n- [Nederlands](https:\/\/nl.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Dutch\")\n- [Norsk bokmål](https:\/\/no.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Norwegian Bokmål\")\n- [Polski](https:\/\/pl.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Polish\")\n- [Português](https:\/\/pt.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Portuguese\")\n- [Română](https:\/\/ro.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Romanian\")\n- [Русский](https:\/\/ru.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Russian\")\n- [Svenska](https:\/\/sv.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Swedish\")\n- [Türkçe](https:\/\/tr.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Turkish\")\n- [Українська](https:\/\/uk.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s \"El Corte Inglés – Ukrainian\")\n- [中文](https:\/\/zh.wikipedia.org\/wiki\/%E8%8B%B1%E6%A0%BC%E5%88%97%E6%96%AF%E7%99%BE%E8%B2%A8 \"英格列斯百貨 – Chinese\")\n\n[Edit 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[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/0\/02\/Logo_Corte_Ingl%C3%A9s.svg\/250px-Logo_Corte_Ingl%C3%A9s.svg.png)](https:\/\/en.wikipedia.org\/wiki\/File:Logo_Corte_Ingl%C3%A9s.svg) |   |\n| [![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/6\/6a\/Marbella_-_El_Corte_Ingl%C3%A9s%2C_Centro_Comercial_Costa_Marbella_5.jpg\/250px-Marbella_-_El_Corte_Ingl%C3%A9s%2C_Centro_Comercial_Costa_Marbella_5.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Marbella_-_El_Corte_Ingl%C3%A9s,_Centro_Comercial_Costa_Marbella_5.jpg)Exterior of the store in [Marbella](https:\/\/en.wikipedia.org\/wiki\/Marbella \"Marbella\") (2019) |   |\n| Company type | [Sociedad Anónima](https:\/\/en.wikipedia.org\/wiki\/S.A._\\(corporation\\) \"S.A. (corporation)\") |\n| Industry | [Retail](https:\/\/en.wikipedia.org\/wiki\/Retail \"Retail\") |\n| Genre | [Department stores](https:\/\/en.wikipedia.org\/wiki\/Department_store \"Department store\") |\n| Founded | 28 June 1940; 85 years ago (1940-06-28) in [Madrid](https:\/\/en.wikipedia.org\/wiki\/Madrid \"Madrid\"), [Spain](https:\/\/en.wikipedia.org\/wiki\/Spain \"Spain\") |\n| Founders | [Ramón Areces](https:\/\/en.wikipedia.org\/wiki\/Ram%C3%B3n_Areces \"Ramón Areces\") César Rodríguez |\n| Headquarters | Madrid, Spain |\n| Number of locations | 83 (2023) |\n| Areas served | [Spain](https:\/\/en.wikipedia.org\/wiki\/Spain \"Spain\") [Portugal](https:\/\/en.wikipedia.org\/wiki\/Portugal \"Portugal\") |\n| Key people | Victor del Pozo (chairman) Marta Álvarez Guil (president) |\n| Products | Clothing footwear accessories bedding furniture jewelry beauty products housewares |\n| Revenue | ![Increase](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b0\/Increase2.svg\/20px-Increase2.svg.png) €15.783 billion (2018) |\n| [Net income](https:\/\/en.wikipedia.org\/wiki\/Net_income \"Net income\") | ![Increase](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b0\/Increase2.svg\/20px-Increase2.svg.png) €258 million (2018) |\n| Number of employees | ![Increase](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b0\/Increase2.svg\/20px-Increase2.svg.png) 90,004 (2018) |\n| [Subsidiaries](https:\/\/en.wikipedia.org\/wiki\/Subsidiary \"Subsidiary\") | Hipercor Bricor Supercor Opencor Viajes El Corte Inglés Informática El Corte Inglés |\n| Website | [elcorteingles.es](http:\/\/elcorteingles.es\/) |\n| **Footnotes \/ references** [\\[1\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-Corporate_Information-1) |   |\n\n**El Corte Inglés S.A.**[\\[a\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-2) is a Spanish [department store](https:\/\/en.wikipedia.org\/wiki\/Department_store \"Department store\") chain founded in 1940 by [Ramón Areces](https:\/\/en.wikipedia.org\/wiki\/Ram%C3%B3n_Areces \"Ramón Areces\") and César Rodríguez. It is the last such remaining in [Spain](https:\/\/en.wikipedia.org\/wiki\/Spain \"Spain\") and [Portugal](https:\/\/en.wikipedia.org\/wiki\/Portugal \"Portugal\"), and has been a member of the [International Association of Department Stores](https:\/\/en.wikipedia.org\/wiki\/International_Association_of_Department_Stores \"International Association of Department Stores\") since 1998.[\\[2\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-3)[\\[3\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-4) It is the largest department store group in Europe,[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-5) and the third-largest in the world.[\\[5\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-6)[\\[6\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-7)[\\[7\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-8)\n\n## History\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=1 \"Edit section: History\")\\]\n\nIn 1934, the founders Ramón Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor's shop (which began in 1890) located on one of [Madrid](https:\/\/en.wikipedia.org\/wiki\/Madrid \"Madrid\")'s central streets, *[calle Preciados](https:\/\/en.wikipedia.org\/wiki\/Calle_Preciados \"Calle Preciados\")*, at the corner of *calle Carmen* and *calle Rompelanzas.* They made it into a [limited company](https:\/\/en.wikipedia.org\/wiki\/Limited_company \"Limited company\"). The property where the shop was located had been owned by Julián Gordo Centenera since 1930.[\\[8\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-9) The prime location of the property soon attracted the attention of an [Asturian](https:\/\/en.wikipedia.org\/wiki\/Asturias \"Asturias\") businessman, Pepin Fernandez, who was looking to expand a business called *Sederias Carretas* which he had started in 1934 with a capital contribution from his cousin Cesar Rodriguez Gonzales. His plan was to purchase all of the properties on the block to construct a new building to house his business, a vision which was later realized in the form of [Galerias Preciados](https:\/\/en.wikipedia.org\/wiki\/Galer%C3%ADas_Preciados \"Galerías Preciados\").[\\[9\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-10)\n\nAround 1920, at 15, Areces had gone to [Havana](https:\/\/en.wikipedia.org\/wiki\/Havana \"Havana\"), [Cuba](https:\/\/en.wikipedia.org\/wiki\/Cuba \"Cuba\"), and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. Cesar Rodriguez had asked Pepin Fernandez to hire his nephew Ramon Areces in *Sederias Carretas* shortly after his return from Cuba. Pepin refused, so Cesar requested that he at least allow Ramon to operate El Corte Inglés while plans to acquire the block and construct the new building were finalized. Pepin, who had also learned the department store business at *Almacenes El Encanto*, accepted the request, and transferred ownership of El Corte Inglés to Cesar on 23 December 1935, and acquired the property where it was located on behalf of *Sederias Carretas* soon after. Once Cesar took ownership of El Corte Inglés, he designated Ramon Areces as manager, a position which he held until his death, including during the [Spanish civil war](https:\/\/en.wikipedia.org\/wiki\/Spanish_Civil_War \"Spanish Civil War\").\n\nWhen the war ended in 1939, El Corte Inglés moved to *calle Preciados*, on the corner of *calle Tetuan*, near the location of *Almacenes el Aguila*, to make way for the new Galerias Preciados building. In 1940, Areces turned the tailor's shop into a [*sociedad limitada*](https:\/\/en.wikipedia.org\/wiki\/Private_limited_company \"Private limited company\")*,* registering with 1 million pesetas of capital and shares divided equally between Cesar Rodriguez, who became the first president of El Corte Inglés S.L., and Ramon Areces, whose share of the capital contribution came from a loan facilitated by his uncle. As the business expanded, eventually Cesar Rodriguez became the majority shareholder, although Areces remained in charge of strategic decisions and the day-to-day operations of the business.\n\nIn 1945 and 1946, El Corte Inglés acquired its new building and expanded to encompass 2,000 square meters of retail space on 5 floors, and shifted to a department store organizational style similar to that of Galerias Preciados, which had been operational since 1943. The company saw continuous growth until 1952, when it converted its legal structure from a *sociedad limitada* to a [*sociedad anónima*](https:\/\/en.wikipedia.org\/wiki\/S.A._\\(corporation\\) \"S.A. (corporation)\") in which Cesar Rodriguez remained president and majority shareholder, a position which he held until his death in 1966. After this, Ramon Areces, who until then had been managing director, became the president and largest shareholder.\n\nThe competition between El Corte Inglés and Galerias Preciados in the 1950s and 60's caused a revolution in Spanish retail distribution. Seasonal discounts, organized [ad campaigns](https:\/\/en.wikipedia.org\/wiki\/Advertising_campaign \"Advertising campaign\"), air conditioned stores, massive use of publicity, large scale use of [display windows](https:\/\/en.wikipedia.org\/wiki\/Display_window \"Display window\"), customer [loyalty cards](https:\/\/en.wikipedia.org\/wiki\/Loyalty_program \"Loyalty program\"), [point of sale](https:\/\/en.wikipedia.org\/wiki\/Point_of_sale \"Point of sale\") data collection, and more. The expansion of El Corte Inglés began in 1962 with the opening of its second department store in [Barcelona](https:\/\/en.wikipedia.org\/wiki\/Barcelona \"Barcelona\"), and expansion continues until the present. Expansion also diversified into other formats including [Hipercor](https:\/\/en.wikipedia.org\/wiki\/Hipercor \"Hipercor\"), first introduced in [Seville](https:\/\/en.wikipedia.org\/wiki\/Seville \"Seville\") in 1980. In 1969, the company started to branch out of the retail sector, first opening a [travel agency](https:\/\/en.wikipedia.org\/wiki\/Travel_agency \"Travel agency\"), Viajes El Corte Inglés, in 1969, followed by a telecom and computing equipment wholesaler, Investronica, in 1980, and an [IT services](https:\/\/en.wikipedia.org\/wiki\/IT_service_management \"IT service management\") and [software development](https:\/\/en.wikipedia.org\/wiki\/Software_development \"Software development\") company, Informática El Corte Inglés (IECISA), in 1986.\n\nAfter Areces died in 1989, his nephew [Isidoro Álvarez](https:\/\/en.wikipedia.org\/wiki\/Isidoro_%C3%81lvarez \"Isidoro Álvarez\") became his successor and continued to expand the business while emphasizing self-reliant financing methods, opaque management techniques, and careful investment. In 1995, El Corte Inglés bought out Galerías Preciados, which was its only serious competitor. Galerias Preciados had entered bankruptcy.[\\[10\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-11) In addition to acquiring its arch-rival, El Corte Inglés purchased all of the [Marks & Spencer](https:\/\/en.wikipedia.org\/wiki\/Marks_%26_Spencer \"Marks & Spencer\") stores in the [Iberian peninsula](https:\/\/en.wikipedia.org\/wiki\/Iberian_Peninsula \"Iberian Peninsula\") in 2001.\n\nEl Corte Inglés entered into a partnership with [Repsol](https:\/\/en.wikipedia.org\/wiki\/Repsol \"Repsol\") in 1998, through which El Corte Inglés would operate convenience stores at Repsol [fuel stations](https:\/\/en.wikipedia.org\/wiki\/Filling_station \"Filling station\"). These stores were initially known as Repsol-Supercor, or Repsol-Opencor after 2008, while those not attached to fuel stations were called Opencor. In 2001, El Corte Inglés opened a retail fashion outlet called Sfera. Its first [big-box store](https:\/\/en.wikipedia.org\/wiki\/Big-box_store \"Big-box store\"), Bricor, specializing in [home decor](https:\/\/en.wikipedia.org\/wiki\/Interior_design \"Interior design\") and [DIY](https:\/\/en.wikipedia.org\/wiki\/Do_it_yourself \"Do it yourself\") supplies, opened in 2006.\n\nIn October 2013, the firm sold a 51% stake in the financing department to the Spanish banking group [Grupo Santander](https:\/\/en.wikipedia.org\/wiki\/Grupo_Santander \"Grupo Santander\") for around €140 million.[\\[11\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-12) From 2014 to 2018 the CEO of the company was [Dimas Gimeno](https:\/\/en.wikipedia.org\/wiki\/Dimas_Gimeno \"Dimas Gimeno\"). In March 2018, El Corte Inglés closed its store on [La Rambla](https:\/\/en.wikipedia.org\/wiki\/La_Rambla,_Barcelona \"La Rambla, Barcelona\") of [Barcelona](https:\/\/en.wikipedia.org\/wiki\/Barcelona \"Barcelona\").[\\[12\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-13)\n\nIn 2019, El Corte Inglés sold IECISA to GFI for €300 million.[\\[13\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-14) In June 2020, El Corte Inglés bought the private security and services company MEGA 2 for 28 million euros.[\\[14\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-15)\n\n### International expansion\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=2 \"Edit section: International expansion\")\\]\n\nThe first attempts at international expansion happened in 1981 with the acquisition of the [Harris Company](https:\/\/en.wikipedia.org\/wiki\/Harris_Company \"Harris Company\"), a chain of mid-sized department stores in the [United States](https:\/\/en.wikipedia.org\/wiki\/United_States \"United States\"). The venture was unsuccessful, and in 1998 El Corte Inglés made a deal with [Gottschalks](https:\/\/en.wikipedia.org\/wiki\/Gottschalks \"Gottschalks\"), an American department store chain. Gottschalks took over management of the Harris Company's stores and gave El Corte Inglés 16% of Harris Company stock. It turned out to be a total loss later, when Gottschalks declared [bankruptcy](https:\/\/en.wikipedia.org\/wiki\/Bankruptcy \"Bankruptcy\") in the aftermath of the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\").[\\[15\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-16)\n\nThat experience led to the company taking a much more conservative approach with its 2001 expansion in Portugal, with a store in [Lisbon](https:\/\/en.wikipedia.org\/wiki\/Lisbon \"Lisbon\"), followed in 2006 with a store in [Vila Nova de Gaia](https:\/\/en.wikipedia.org\/wiki\/Vila_Nova_de_Gaia \"Vila Nova de Gaia\"), opposite the city of [Porto](https:\/\/en.wikipedia.org\/wiki\/Porto \"Porto\"). In 2006, just as it opened its second store outside of Spain (in *Vila Nova de Gaia*), the company announced expansion outside the Iberian Peninsula: Italy was to be the first country to host a store, but owing to the ongoing Eurozone crisis, the plan was suspended, as well as the opening of the third store in Portugal.[\\[16\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-17)\n\nVarious food products bearing the El Corte Inglés brand are marketed in Latin American stores.\n\n## Business units\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=3 \"Edit section: Business units\")\\]\n\nThe business group is divided into the following areas of activity, which are usually commercially configured as companies whose shareholding belongs in its entirety or overwhelmingly majority to El Corte Inglés S.A .:\n\n### Retail\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=4 \"Edit section: Retail\")\\]\n\n- El Corte Inglés S.A. The parent company, dedicated to distribution through department stores. This was the main activity of the company since its inception. In 2010 it still accounted for 59% of total revenues and about 63.7% of net profit. As of 28 February 2013, El Corte Inglés has 86 centres, 84 in Spain and 2 in Portugal.\n- [Hipercor](https:\/\/en.wikipedia.org\/wiki\/Hipercor \"Hipercor\"). Chain of [hypermarkets](https:\/\/en.wikipedia.org\/wiki\/Hypermarket \"Hypermarket\") dedicated to the distribution of food and household appliances. Hipercor was a response to the entry of French capital into the Spanish market in the 1980s, including [Alcampo](https:\/\/en.wikipedia.org\/wiki\/Alcampo \"Alcampo\"), Pryca and Continente, with the latter two merging and now operating under the [Carrefour](https:\/\/en.wikipedia.org\/wiki\/Carrefour \"Carrefour\") brand. As of 28 February 2013, Hipercor has 42 centres in Spain.\n- Bricor. [Home improvement](https:\/\/en.wikipedia.org\/wiki\/Home_improvement \"Home improvement\") and home decor retailer. Bricor was a response to the consolidation of the sector by the Adeo group, which was formed from the Auchan group, which owned Alcampo, among other interests. The [Auchan](https:\/\/en.wikipedia.org\/wiki\/Auchan \"Auchan\") group also owns the [Leroy Merlin](https:\/\/en.wikipedia.org\/wiki\/Leroy_Merlin \"Leroy Merlin\"), Aki and Bricomart brands in Spain. As of 28 February 2013, Bricor had 16 stores: 14 in Spain and 2 in Portugal.\n- Supercor \/ Supercor Exprés. [Supermarket](https:\/\/en.wikipedia.org\/wiki\/Supermarket \"Supermarket\") and [convenience store](https:\/\/en.wikipedia.org\/wiki\/Convenience_store \"Convenience store\") chain. Supercor emerged to compete with mid-sized local grocery stores at the end of the 1990s, such as [Caprabo](https:\/\/en.wikipedia.org\/wiki\/Caprabo \"Caprabo\"), [Eroski](https:\/\/en.wikipedia.org\/wiki\/Eroski \"Eroski\"), and [Mercadona](https:\/\/en.wikipedia.org\/wiki\/Mercadona \"Mercadona\"). Supercor Express is a smaller sized convenience store format which was adopted by the company in 2011. The sum total of convenience stores, including Supercor, Supercor Express, and Opencor was 238 as of 28 February 2013.\n- [Sfera](https:\/\/en.wikipedia.org\/wiki\/Sfera_\\(retailer\\) \"Sfera (retailer)\"). [Fashion retailer](https:\/\/en.wikipedia.org\/wiki\/Fashion_retailer \"Fashion retailer\") stores group. over as of the end of 2022, 490 points of sale - mostly freestanding stores - owned and franchised, including 75 stores-in-store within El Corte Inglés department stores in Spain and Portugal. Sales in fiscal 2020 were 461 million euro.[\\[17\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-18) There are stores (as of December 2022) in:[\\[18\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-ar2022-19) It was conceived as a response to chains like [H\\&M](https:\/\/en.wikipedia.org\/wiki\/H%26M \"H&M\"), and the Spanish brands [Mango](https:\/\/en.wikipedia.org\/wiki\/Mango_\\(retailer\\) \"Mango (retailer)\"), [Zara](https:\/\/en.wikipedia.org\/wiki\/Zara_\\(retailer\\) \"Zara (retailer)\"), and Springfield, the latter two of which belong to Inditex and [Cortefiel](https:\/\/en.wikipedia.org\/wiki\/Tendam \"Tendam\") respectively.\n\n### IT and communications\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=5 \"Edit section: IT and communications\")\\]\n\nIn the [IT](https:\/\/en.wikipedia.org\/wiki\/IT \"IT\") and communications fields, El Corte Inglés has three subsidiaries, which are listed in order of establishment:\n\n- Informática El Corte Inglés (IECISA). Dedicated to [IT consulting](https:\/\/en.wikipedia.org\/wiki\/IT_consulting \"IT consulting\"), [software development](https:\/\/en.wikipedia.org\/wiki\/Software_development \"Software development\") and computing services.\n- Investrónica. Consumer computing and telephony wholesaler, and former computer manufacturer under the Inves brand. Integrated in IECISA from 2015.\n- Telecor. Telecommunications services for consumers and businesses.\n\n### Service sector\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=6 \"Edit section: Service sector\")\\]\n\nIn the service sector, the El Corte Inglés group owns:\n\n- [Viajes El Corte Inglés](https:\/\/en.wikipedia.org\/wiki\/Viajes_El_Corte_Ingl%C3%A9s \"Viajes El Corte Inglés\"). [Travel agency](https:\/\/en.wikipedia.org\/wiki\/Travel_agency \"Travel agency\") group from a wholesale and retail point of view. As [travel agency](https:\/\/en.wikipedia.org\/wiki\/Travel_agency \"Travel agency\") it has 599 branches worldwide, 506 of which are in Spain and 93 abroad.\n- Seguros El Corte Inglés (CESS). Insurance company dedicated to [insurance brokerage](https:\/\/en.wikipedia.org\/wiki\/Insurance_brokerage \"Insurance brokerage\") and financial and real estate mediation. It has 105 branches, most of which are located in the El Corte Inglés department stores, although some are dedicated Seguros El Corte Inglés storefronts.\n- Financiera El Corte Inglés. A consumer credit company that finances purchases for customers and distributes the El Corte Inglés shopping card. Present in Spain and Portugal. 51% of the capital of Financiera El Corte Inglés belongs to [Banco Santander](https:\/\/en.wikipedia.org\/wiki\/Banco_Santander \"Banco Santander\") as of 2014.[\\[19\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-20)\n- MEGA 2. A security and terciary service company present in Spain and Portugal.\n- Grupo Sicor. Provision of services related to physical and digital security, integral services, cleaning and maintenance, logistics, and employment.\n- Sweno. A telecomm company.\n- Sweno Energia. A residential and commercial electrical utility.\n- Bitcor. A cryptocurrency company.\n\n### Auxiliary businesses\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=7 \"Edit section: Auxiliary businesses\")\\]\n\nEl Corte Inglés owns 100% of a number of businesses auxiliary to their main business functions, unless otherwise noted.\n\n- *Industrias y Confecciones S.A.* (INDUYCO). Integrated into the group in 2010.\n- *Ason Inmobiliaria de Arriendos S.L.* A real estate and rental management company.\n- *Construcciones, Promociones e Instalaciones S.A.* A construction and renovation company.\n- *Editorial Universitaria Ramón Areces S.A.* A publisher of text books for Spanish universities.\n- *Tourmodial Operadores S.A.* A travel services company.\n- Parinver S.A. (75.83%). A holding company which owns some hotel groups and other businesses.[\\[20\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-21)\n\nThe company has partial ownership in other businesses:\n\n- 50% of *Gestion de Puntos de Venta S.A.* (GESPEVESA) which manages Opencor stores at Repsol fuel stations.\n- 50% of *[Sephora](https:\/\/en.wikipedia.org\/wiki\/Sephora \"Sephora\") Cosmeticos España S. L.*\n- 6\\.15% of *Euroforum Escorial S.A.,* a training and corporate events company.\n- 4,36 % of *Parque Temático de Madrid S.A.* which operates [Parque Warner Madrid](https:\/\/en.wikipedia.org\/wiki\/Parque_Warner_Madrid \"Parque Warner Madrid\").\n- 1\\.7% of [IAG](https:\/\/en.wikipedia.org\/wiki\/International_Airlines_Group \"International Airlines Group\").\n\n### E-commerce\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=8 \"Edit section: E-commerce\")\\]\n\nEl Corte Inglés' website was the largest in terms of the number of its customers in Spain, with 3.7 million customers in 2011. In 2013, 3.5 million customers and 137 million visits were registered. In December 2016 they reached their monthly peak, with more than 14 million unique users and more than 30 million visits to www.elcorteingles.es, increasing to 32 million in January 2017, becoming the most visited Spanish commercial website in Spain. It was the second most visited ecommerce website in Spain in 2017, behind [Amazon.com](https:\/\/en.wikipedia.org\/wiki\/Amazon_\\(company\\) \"Amazon (company)\").[\\[21\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-22)\n\nSince 1999 its General Director of Electronic Commerce and Distance Sales Division is Ricardo Goizueta Sagues and the Digital Director or Chief Digital Officer (CDO) is, since 2012, José María Fernández Ortega.[\\[22\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-23)\n\n## Corporate affairs\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=9 \"Edit section: Corporate affairs\")\\]\n\nAccording to [Deloitte](https:\/\/en.wikipedia.org\/wiki\/Deloitte \"Deloitte\")'s report on \"Global Powers of Retailing,\" El Corte Inglés ranked 97th in 2020, down 27 places from 2019, when it ranked 69th. This made it the 3rd largest retailer by volume in Spain, behind [Inditex](https:\/\/en.wikipedia.org\/wiki\/Inditex \"Inditex\") and [Mercadona](https:\/\/en.wikipedia.org\/wiki\/Mercadona \"Mercadona\"). Total retail revenue in 2020 amount to €12,077 million.[\\[23\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-24) As of 2008, it was the second largest family business in Spain, and the 66th largest in the world.[\\[24\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-25)\n\nThe company's retail revenue and net profit both increased continuously until 2007, when they began to drop. The company has not since returned to its 2007 peak of revenue, which was close to €18,000 million, with €747.6 million net profits.[\\[25\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-26) Since then, both revenue and profits declined until 2015, and then increased until 2019.[\\[26\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-27)[\\[27\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-prensa.elcorteinglescorporativo_1-28)\n\n### Shareholders\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=10 \"Edit section: Shareholders\")\\]\n\nAlthough the company is known for jealously guarding its privacy,[\\[28\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-29) numerous statements have indicated that the Ramón Areces Foundation is the biggest shareholder, with 37% of the company's shares willed to the foundation by its founder.[\\[29\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-30) Isidoro Alvarez controls these shares as president of the foundation, together with his own shares, which are believed to be somewhere between 15 and 27% of total shares, making him the largest shareholder.\n\nCartera de Valores IASA is the second biggest shareholder, with 22% of shares.[\\[30\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-31) Approximately 9% of shares are owned by the children of Luis Areces, Ramon Areces' brother, via the *Corporacion Ceslar*. Equal parts of approximately 3% of the shares, were divided between the four brothers of the Areces Fuentes brothers, sons of Ramon Areces' other brother Celestino. The brothers acquired these shares through inheritance after the liquidation of the holding company. After a lengthy legal conflict, however, they sold their shares to El Corte Inglés.[\\[31\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-32)\n\nIngondel S.L. which held 6% of El Corte Inglés' capital, was property of descendants of César Rodríguez. It was acquired in 2009. A 7% share is in the hands of Cartera Mancor, S.L., which is also made up of the descendants of César Rodríguez, by way of Paloma García Peña.\n\nApproximately 3% is held by other members of the administrative council, and the remainder is divided between the treasure and some 3000 directors and executives of the company. It is presumed that these shareholders are always employees while they hold shares, since there are restrictions on the transfer of shares.\n\nThe administrative council of El Corte Inglés is composed of the following individuals:[\\[32\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-33)\n\n- Marta Álvarez Guil. elected president 11 July 2019.[\\[33\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-34)\n- Cristina Álvarez Guil.\n- Jesús Nuño de la Rosa y Coloma.\n- Fernando Becker Zuazua.\n- [Manuel Pizarro Moreno](https:\/\/en.wikipedia.org\/wiki\/Manuel_Pizarro_Moreno \"Manuel Pizarro Moreno\").\n- Víctor del Pozo Gil.\n- [Hamad bin Jassem bin Jabr Al Thani](https:\/\/en.wikipedia.org\/wiki\/Hamad_bin_Jassim_bin_Jaber_Al_Thani \"Hamad bin Jassim bin Jaber Al Thani\"), represented by Shahzad Shahbaz.\n- Cartera Mancor, S.L, represented by Paloma García Peña.\n- Corporación Ceslar, represented by Ana Carlota Areces Galán.\n- [Antonio Hernández-Gil](https:\/\/en.wikipedia.org\/wiki\/Antonio_Hern%C3%A1ndez-Gil_%C3%81lvarez-Cienfuegos \"Antonio Hernández-Gil Álvarez-Cienfuegos\") (secretary).\n- Juan Moral-de la Rosa (vice-secretary)\n\n## Business model\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=11 \"Edit section: Business model\")\\]\n\nLike Galerias Preciados in its time, El Corte Inglés' business model was based on introducing American style department stores to Spain during a period where Spain was emerging from economic isolation and [autarky](https:\/\/en.wikipedia.org\/wiki\/Autarky \"Autarky\"). As such, its business model revolved around the idea of a store where customer could buy everything, hence its slogan \"The store for all your shopping\" (*La tienda de todas tus compras).* Stores aimed not only to offer a wide variety of articles, but also goods of different levels of quality, with goods divided into departments with additional services such as home deliveries, wedding lists, repairs included in sale price, etc., as well as satisfaction and quality assurances through [money-back guarantees](https:\/\/en.wikipedia.org\/wiki\/Money-back_guarantee \"Money-back guarantee\").\n\nThis model depends on the performance of the following actors:\n\n### Customers\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=12 \"Edit section: Customers\")\\]\n\nThe company's main business model has remained constant until the present. Its social and [corporate responsibility](https:\/\/en.wikipedia.org\/wiki\/Corporate_responsibility \"Corporate responsibility\") documents emphasize five pillars of commitment to the customers: quality, service, assortment, specialization, and guarantees.[\\[34\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-35) This approach has been used to build [customer loyalty](https:\/\/en.wikipedia.org\/wiki\/Loyalty_business_model \"Loyalty business model\").\n\nIn the food department, the company has launched a [generic brand](https:\/\/en.wikipedia.org\/wiki\/Generic_brand \"Generic brand\") called Aliada. The El Corte Inglés shopping card is a [credit card](https:\/\/en.wikipedia.org\/wiki\/Credit_card \"Credit card\") which was introduced in 1968, and is one of the most popular in Spain, with 11.58 million active cards in Spain in 2017. Card holders have a one-month [grace period](https:\/\/en.wikipedia.org\/wiki\/Grace_period \"Grace period\") to pay off the balance of their card, with an option to defer payment for up to three months without interest, although administrative fees apply. Payment can also be deferred with low [interest](https:\/\/en.wikipedia.org\/wiki\/Interest \"Interest\") payments for up to 36 months. The card also grants holders the right to at least 2 hours free parking in store [parking garages](https:\/\/en.wikipedia.org\/wiki\/Multistorey_car_park \"Multistorey car park\"), and allows the purchase of any product sold in El Corte Inglés centers. Since 2006, the card can also be used to pay for fuel at Repsol fuel stations.\n\n### Human resources\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=13 \"Edit section: Human resources\")\\]\n\nIn 2011, the company's workforce was made up of 99,323 employees, down from 102,699 the previous year.[\\[35\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-36) 93% of those had long-term contracts, and 71% were full-time. The median age of employees was 39 years, with 13 years of experience. 37% of total employees were male compared to 63% female, although in management males outnumbered females.\n\nAnnual reports indicated that in 2012, the total number of employees further declined to 96,678, 94% of whom were full time, and 64% of whom were female. The relationship between El Corte Inglés and its employees has traditionally been formal, familiar, and paternalistic, with the company trying to establish feedback between the company and its employees. The company provides training and educational assistance, financial services, and discounts or financing for purchasing goods and services.\n\nThe company has received criticism for discriminating against women,[\\[36\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-37) harassment of [labor unions](https:\/\/en.wikipedia.org\/wiki\/Trade_union \"Trade union\"),[\\[37\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-38) is directly implicated in exploitative labor practices.[\\[38\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-39) In the majority of the company's locations, union elections are won by Fetico or FASGA, a national retail union accused of being a [yellow union](https:\/\/en.wikipedia.org\/wiki\/Company_union \"Company union\") by the UGT and [CCOO](https:\/\/en.wikipedia.org\/wiki\/Workers%27_Commissions \"Workers' Commissions\"). Some companies in the El Corte Inglés group, such as Induyco, have been criticized by groups like [Oxfam](https:\/\/en.wikipedia.org\/wiki\/Oxfam \"Oxfam\") for issues of [precarious work](https:\/\/en.wikipedia.org\/wiki\/Precarious_work \"Precarious work\") and exploitation of textile workers in [third world](https:\/\/en.wikipedia.org\/wiki\/Third_World \"Third World\") countries.[\\[39\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-40)[\\[40\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-41)[\\[41\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-42)\n\n### Suppliers\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=14 \"Edit section: Suppliers\")\\]\n\nThe company has pursued [vertical integration](https:\/\/en.wikipedia.org\/wiki\/Vertical_integration \"Vertical integration\") since early on, especially with textiles, when Ramon Areces and other shareholders founded Induyco in 1949, and which became a *sociedad anonimo* in 1955. Induyco, in spite of having a non-proprietary relationship with El Corte Inglés, initially had El Corte Inglés as its exclusive wholesale client, and its employees were offered benefits as if they belonged to the same group. Later, Induyco still had El Corte Inglés as its majority client, although the relationship was no longer exclusive, though its share structure remained the same, and Isidoro Alvarez was the president. In 2010 El Corte Inglés integrated Induyco into its corporate structure, and in 2012 it ceased activities.[\\[42\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-43)\n\nIn the field of texties, in addition to Induyco, the company created *Confecciones Teruel* in 1975 and *Industrias del Vestido* in 1976. Both companies got the majority of their capital from the Induyco group which itself was part of *Investronica* and *Invesgen*. Its creation was motivated by labor conflicts which occurred at Induyco during those years.[\\[43\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-44) In the field of supplying special materials for sale, the company created *Mostoles Industrial* in the same way as Induyco. *Mostoles Industrial*, unlike Induyco, retained El Corte Inglés as its exclusive customer while having a non-proprietary relationship with it. *Mostoles* is most well known for its production of kitchen furniture for the \"Forlady\" brand.\n\nOn the side of real estate development, the company created *Construcción, Promociones e Instalaciones S.A.* in 1976, whose capital is derived in its entirety from the El Corte Inglés group, and which is responsible for the construction of new stores and renovation of existing ones.\n\n### Publicity and advertising\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=15 \"Edit section: Publicity and advertising\")\\]\n\nEl Corte Inglés has one of the biggest advertising budgets in Spain. In 2011, the group was the biggest advertiser in Spain, with an investment of 171.3 million euros, and as an individual El Corte Inglés itself was the third biggest, with a budget of 99.8 million euros.[\\[44\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-45) The company periodically conducts large publicity campaigns like *Semana Fanstisca* (Fantasic Week) and the *Ocho Dias de Oro* (the Eight Golden Days) by announcing discounts on its products. On the [Christmas](https:\/\/en.wikipedia.org\/wiki\/Christmas \"Christmas\") holiday, it organizes an animation spectacle called \"Cortylandia\" in its main stores.\n\nFurthermore, part of El Corte Inglés' [company culture](https:\/\/en.wikipedia.org\/wiki\/Organizational_culture \"Organizational culture\") includes sponsoring a number of activities that also serve as a form of advertising. For example, the El Corte Inglés Rally is a [rally race](https:\/\/en.wikipedia.org\/wiki\/Rallying \"Rallying\") that ran on the [Canary Islands](https:\/\/en.wikipedia.org\/wiki\/Canary_Islands \"Canary Islands\") from 1977 to 2001.\n\n## Flagship stores\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=16 \"Edit section: Flagship stores\")\\]\n\n### Madrid-Castellana flagship\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=17 \"Edit section: Madrid-Castellana flagship\")\\]\n\nThe chain's [Spanish](https:\/\/en.wikipedia.org\/wiki\/Spanish_language \"Spanish language\"): *buque insignia* ([flagship](https:\/\/en.wikipedia.org\/wiki\/Flagship_store \"Flagship store\")) department store is **El Corte Inglés Castellana** in Madrid's Tetuán district, in the Cuatro Caminos neighbourhood, just west of [Paseo de la Castellana](https:\/\/en.wikipedia.org\/wiki\/Paseo_de_la_Castellana \"Paseo de la Castellana\") boulevard and [Nuevos Ministerios](https:\/\/en.wikipedia.org\/wiki\/Nuevos_Ministerios \"Nuevos Ministerios\") station. It opened in 1969 and its biggest extension opened on 7 October 2011 on the site of the [Windsor Building](https:\/\/en.wikipedia.org\/wiki\/Windsor_Tower_\\(Madrid\\) \"Windsor Tower (Madrid)\") which caught fire in 2005 and was demolished. In its place, the [Torre Titania](https:\/\/en.wikipedia.org\/wiki\/Torre_Titania \"Torre Titania\") tower, which connects to the original store, was built. It was designed by architects Pablo Muñoz López and Pedro Vilata Capón\/Capont.[\\[45\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-46)\n\nThe complex encompasses several buildings. The largest has 27 floors, including five below ground dedicated providing parking for 1,600 cars. There are two block of two technical floors each which house engine rooms, air treatment units, elevator machinery, etc. There is a total floor area of 170,000 m2 (1,800,000 sq ft) of which 70,000 m2 (750,000 sq ft) is dedicated to retail sales, thus ranking among the [20 largest department store locations](https:\/\/en.wikipedia.org\/wiki\/Department_store#Largest_flagship_stores \"Department store\") currently in operation worldwide. The company spent around 300 million euro[\\[46\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-47) from 2008 through 2011 with the construction of a new building at Castellana 85, dedicated to decoration, that was then integrated with the existing one. After the remodeling and reorganization, merchandise was presented in a differentiated and themed way, in addition to new brands, services, and spaces, such as the *Gourmet Experience* a [food hall](https:\/\/en.wikipedia.org\/wiki\/Food_hall \"Food hall\") with sales of gourmet products, and dining options such as seafood, Asian, Italian, Iberian specialties, hamburgers, grilled meats and fish, cheeses, skewers, fresh pastries, and fresh juices.[\\[47\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-corte-castellana-sqm-48)\n\nThe Castellana flagship location carries the most comprehensive collection of designers of any large store in Spain. Designer boutiques in the store include [Hermès](https:\/\/en.wikipedia.org\/wiki\/Herm%C3%A8s \"Hermès\"), [Louis Vuitton](https:\/\/en.wikipedia.org\/wiki\/Louis_Vuitton \"Louis Vuitton\"), [Cartier](https:\/\/en.wikipedia.org\/wiki\/Cartier_SA \"Cartier SA\"), [Armani](https:\/\/en.wikipedia.org\/wiki\/Armani \"Armani\"), [Armani Jeans](https:\/\/en.wikipedia.org\/wiki\/Armani_Jeans_\\(brand\\) \"Armani Jeans (brand)\"), [Armani Collezioni](https:\/\/en.wikipedia.org\/wiki\/Armani_Collezioni \"Armani Collezioni\"), [Gucci](https:\/\/en.wikipedia.org\/wiki\/Gucci \"Gucci\"), [Loewe](https:\/\/en.wikipedia.org\/wiki\/Loewe,_S.A. \"Loewe, S.A.\"), [Dockers](https:\/\/en.wikipedia.org\/wiki\/Dockers_\\(brand\\) \"Dockers (brand)\"), [Ralph Lauren](https:\/\/en.wikipedia.org\/wiki\/Ralph_Lauren \"Ralph Lauren\"), [Bulgari](https:\/\/en.wikipedia.org\/wiki\/Bulgari \"Bulgari\"), [Dior](https:\/\/en.wikipedia.org\/wiki\/Dior \"Dior\"), [Dior Homme](https:\/\/en.wikipedia.org\/wiki\/Dior_Homme \"Dior Homme\"), Georges Rech, [Versace](https:\/\/en.wikipedia.org\/wiki\/Versace \"Versace\"), [Hugo Boss](https:\/\/en.wikipedia.org\/wiki\/Hugo_Boss \"Hugo Boss\"), Boss Woman, [Ermenegildo Zegna](https:\/\/en.wikipedia.org\/wiki\/Ermenegildo_Zegna_Group \"Ermenegildo Zegna Group\"), [Tommy Hilfiger](https:\/\/en.wikipedia.org\/wiki\/Tommy_Hilfiger \"Tommy Hilfiger\"), [Dolce\\&Gabbana](https:\/\/en.wikipedia.org\/wiki\/Dolce%26Gabbana \"Dolce&Gabbana\"), [Burberry (men\/women)](https:\/\/en.wikipedia.org\/wiki\/Burberry \"Burberry\"), [Façonnable](https:\/\/en.wikipedia.org\/wiki\/Fa%C3%A7onnable \"Façonnable\"), [Pal Zileri](https:\/\/en.wikipedia.org\/wiki\/Pal_Zileri \"Pal Zileri\"), [Paul & Shark](https:\/\/en.wikipedia.org\/wiki\/Paul_%26_Shark \"Paul & Shark\"), [Lacoste](https:\/\/en.wikipedia.org\/wiki\/Lacoste \"Lacoste\"), Pavillon Christofle, [CH by Carolina Herrera](https:\/\/en.wikipedia.org\/wiki\/Carolina_Herrera_\\(fashion_designer\\) \"Carolina Herrera (fashion designer)\"), [Escada Sport](https:\/\/en.wikipedia.org\/wiki\/Escada \"Escada\"), [James Purdey and Sons](https:\/\/en.wikipedia.org\/wiki\/James_Purdey_and_Sons \"James Purdey and Sons\"), [Lloyd's](https:\/\/en.wikipedia.org\/wiki\/Lloyd%27s \"Lloyd's\"), Purificación García, [Calvin Klein](https:\/\/en.wikipedia.org\/wiki\/Calvin_Klein \"Calvin Klein\"), Caroll Paris, Amitie, and Episode. The store has its own brands (Emidio Tucci, Dustin).\\[*[citation needed](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Citation_needed \"Wikipedia:Citation needed\")*\\]\n\nAlso in the complex is a branch of the Madrid-based Aldeo jewelers, carrying such jewellery designers as [Boucheron](https:\/\/en.wikipedia.org\/wiki\/Boucheron \"Boucheron\"), [Blancpain](https:\/\/en.wikipedia.org\/wiki\/Blancpain \"Blancpain\") and [Hamilton](https:\/\/en.wikipedia.org\/wiki\/Hamilton_Watch_Company \"Hamilton Watch Company\").\\[*[citation needed](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Citation_needed \"Wikipedia:Citation needed\")*\\]\n\n### Preciados–Callao store\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=18 \"Edit section: Preciados–Callao store\")\\]\n\nThe Preciados–Callao store complex in the heart of Madrid consists of 4 buildings, including the original flagship Madrid stores of El Corte Inglés and Galerías Preciados:[\\[48\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-49)\n\n- [Calle de Preciados](https:\/\/en.wikipedia.org\/wiki\/Calle_de_Preciados \"Calle de Preciados\") \\#3–5, 7 stories, original flagship of the chain, opened 1945 at \\#3, expanded 1955 to \\#5[\\[49\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-50) - men's, women's and children's clothing and accessories including some sports apparel, cosmetics and fragrances, plus a café and restaurant\n- [Plaza de Callao](https:\/\/en.wikipedia.org\/wiki\/Callao_Square \"Callao Square\") \\#2. Built 1964-8, architects Antonio Perpiñá Sebriá([es](https:\/\/es.wikipedia.org\/wiki\/Antonio_Perpi%C3%B1%C3%A1_Sebri%C3%A1 \"es:Antonio Perpiñá Sebriá\")) and Luis Iglesias[\\[50\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-51) on site of [Hotel Florida](https:\/\/en.wikipedia.org\/wiki\/Hotel_Florida_\\(Madrid\\) \"Hotel Florida (Madrid)\") as the flagship of [Galerías Preciados](https:\/\/en.wikipedia.org\/wiki\/Galer%C3%ADas_Preciados \"Galerías Preciados\") which moved from adjacent [Preciados](https:\/\/en.wikipedia.org\/wiki\/Calle_de_Preciados \"Calle de Preciados\") \\#28, now [Fnac](https:\/\/en.wikipedia.org\/wiki\/Fnac \"Fnac\"). 9 stories - home and other non-apparel departments including the *Gourmet Experience* [food hall](https:\/\/en.wikipedia.org\/wiki\/Food_hall \"Food hall\") on floor 9\n- Plaza de la [Puerta del Sol](https:\/\/en.wikipedia.org\/wiki\/Puerta_del_Sol \"Puerta del Sol\") \\#10, 4 stories - sports clothing and accessories, sporting goods\n- Calle Maestro Victoria \\#6, 1 story (pet supplies)\n\n## Brands\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=19 \"Edit section: Brands\")\\]\n\n- *El Corte Inglés* department stores, *Hipercor* hypermarkets, *Supercor* urban supermarkets\n\n|   |   |   |   |\n|---|---|---|---|\n| Clothing *Alía* *Dustin* *Easy Wear* *Emidio Tucci* (men's formalwear) *Énfasis* *Formul@ Joven* *Gloria Ortiz* (clothing, accessories) *Lloyd's* *[Sfera](https:\/\/en.wikipedia.org\/wiki\/Sfera_\\(retailer\\) \"Sfera (retailer)\")* *Yera* *Unit* | Sports apparel *Boomerang* *Runfit* (Hipercor only) Cosmetics *Línea Pura* *Oleada* *Plantea* (skin care) *Veckia* Home furnishings (only at El Corte Inglés stores) *Privium* *Urban-Chic* *Urban-Class* *Casa Actual* | Home appliances and electronics *Saivod* *Ansonic:* (only in Hipercor) *Digrato* (coffee machines\/capsules) *Inves* (software) Culture *Ámbito Cultural*: cultural events, expositions, literary prizes, cinematography, musical and painting awards, scholarships. *Cineclub*: collection of classic cinema. *Pitiflú*: children's entertainment, including storytelling, magic shows, workshops, puppet shows, children's theater and circus events. *Rubiños 1860*: bookstore. | Food *Aliada*: generic brand *Special Line*: [diet foods](https:\/\/en.wikipedia.org\/wiki\/Diet_food \"Diet food\") Telecom *Sweno* *Telecor* Cryptocurrency *Bitcor* Private security *Sicor* Other *La Tienda en Casa*: telesales via television and internet *Oralli*: travel accessories *Doblecero*: loyalty card *Primeriti*: private online sales club |\n\n## Gallery\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=20 \"Edit section: Gallery\")\\]\n\n- [![Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/88\/Torre_Titania_%28Madrid%29_08.jpg\/120px-Torre_Titania_%28Madrid%29_08.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Torre_Titania_\\(Madrid\\)_08.jpg \"Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)\")\n  Exterior of the flagship store at the [Torre Titania](https:\/\/en.wikipedia.org\/wiki\/Torre_Titania \"Torre Titania\") in [Castellana](https:\/\/en.wikipedia.org\/wiki\/Castellana_\\(Madrid\\) \"Castellana (Madrid)\"), [Madrid](https:\/\/en.wikipedia.org\/wiki\/Madrid \"Madrid\") (2014)\n- [![Aranda de Duero store](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b7\/El_Corte_Ingl%C3%A9s_%286033309835%29.jpg\/120px-El_Corte_Ingl%C3%A9s_%286033309835%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s_\\(6033309835\\).jpg \"Aranda de Duero store\")\n  [Aranda de Duero](https:\/\/en.wikipedia.org\/wiki\/Aranda_de_Duero \"Aranda de Duero\") store\n- [![Plaça Catalunya store, Barcelona](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/d3\/El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg\/120px-El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg \"Plaça Catalunya store, Barcelona\")\n  [Plaça Catalunya](https:\/\/en.wikipedia.org\/wiki\/Pla%C3%A7a_Catalunya \"Plaça Catalunya\") store, [Barcelona](https:\/\/en.wikipedia.org\/wiki\/Barcelona \"Barcelona\")\n- [![Córdoba store](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/d8\/El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg\/120px-El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s,_en_C%C3%B3rdoba_\\(Espa%C3%B1a\\).jpg \"Córdoba store\")\n  [Córdoba](https:\/\/en.wikipedia.org\/wiki\/C%C3%B3rdoba,_Spain \"Córdoba, Spain\") store\n- [![Elche (Elx) store, 2009](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/a\/a2\/Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg\/120px-Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Elche_-_Centro_Comercial_Ciudad_de_Elche_\\(El_Corte_Ingl%C3%A9s,_Hipercor\\)_09.jpg \"Elche (Elx) store, 2009\")\n  [Elche](https:\/\/en.wikipedia.org\/wiki\/Elche \"Elche\") (Elx) store, 2009\n- [![Murcia store at Christmastime 2023](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/1\/1b\/El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg\/120px-El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg \"Murcia store at Christmastime 2023\")\n  [Murcia](https:\/\/en.wikipedia.org\/wiki\/Murcia \"Murcia\") store at Christmastime 2023\n- [![Porto, Portugal store](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b1\/Oporto_%28Portugal%29_%2825643990184%29.jpg\/120px-Oporto_%28Portugal%29_%2825643990184%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Oporto_\\(Portugal\\)_\\(25643990184\\).jpg \"Porto, Portugal store\")\n  [Porto](https:\/\/en.wikipedia.org\/wiki\/Porto \"Porto\"), [Portugal](https:\/\/en.wikipedia.org\/wiki\/Portugal \"Portugal\") store\n- [![The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/a\/a8\/Hipercor_Xanadu.jpg\/120px-Hipercor_Xanadu.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Hipercor_Xanadu.jpg \"The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area\")\n  The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area\n\n## Notes\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=21 \"Edit section: Notes\")\\]\n\n1. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-2)** Spanish pronunciation: [\\[el ˈkoɾte jŋˈɡles\\]](https:\/\/en.wikipedia.org\/wiki\/Help:IPA\/Spanish \"Help:IPA\/Spanish\"); Spanish for \"the English Cut\" (as in \"the English style of dressmaking\")\n\n## References\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=22 \"Edit section: References\")\\]\n\n1. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-Corporate_Information_1-0)**\n   [\"Corporate Information\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/en\/). Retrieved 31 January 2019.\n2. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-3)**\n   [\"El Corte Inglés\"](https:\/\/www.iads.org\/web\/home-public\/2310-el-corte-ingles.php). *www.iads.org*. Retrieved 22 April 2021.\n3. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-4)**\n   [\"News releases - www.stockmanngroup.com\"](http:\/\/www.stockmanngroup.com\/en\/news-releases\/-\/stock\/showDisclosure\/93093\/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA). *www.stockmanngroup.com*. Retrieved 20 June 2021.\n4. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-5)** \"[Home](http:\/\/www.elcorteinglescorporativo.es\/elcorteinglescorporativo\/elcorteinglescorporativo\/cambiarIdioma.do?LANG=en).\" El Corte Inglés Corporate. Retrieved on 17 December 2010. \"El Corte Inglés, S.A. Hermosilla, 112. 28009 Madrid.\"\n5. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-6)**\n   [\"El Corte Inglés rises to the world podium of department stores\"](https:\/\/www.abc.es\/economia\/abci-corte-ingles-sube-podio-mundial-grandes-almacenes-201808290103_noticia.html). 29 August 2018. Retrieved 31 January 2019.\n6. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-7)**\n   [\"DGAP-Media: JAXX subsidiary Serviapuestas signs exclusive deal with Europe's largest retail group El Corte Inglés\"](http:\/\/www.finanznachrichten.de\/nachrichten-2010-11\/18550065-dgap-media-jaxx-subsidiary-serviapuestas-signs-exclusive-deal-with-europe-s-largest-retail-group-el-corte-ingles-015.htm). Retrieved 3 June 2017.\n7. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-8)**\n   González, Aníbal (9 March 2007). [\"La rebelión de la familia Areces contra Isidoro Alvarez aboca a El Corte Inglés a salir a Bolsa\"](https:\/\/www.elconfidencial.com\/mercados\/2007-03-09\/la-rebelion-de-la-familia-areces-contra-isidoro-alvarez-aboca-a-el-corte-ingles-a-salir-a-bolsa_843099\/). *elconfidencial.com* (in Spanish). Retrieved 30 June 2022.\n8. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-9)**\n   [\"La idea de un nuevo negocio\"](https:\/\/web.archive.org\/web\/20130521164949\/http:\/\/www.ceccadiz.org\/portalcomun\/pymes\/creacion_empresa\/pdfs\/Manual%20CG\/MODULO%201.PDF) (PDF) (in Spanish). ceccadiz.org. Archived from [the original](http:\/\/www.ceccadiz.org\/portalcomun\/pymes\/creacion_empresa\/pdfs\/Manual%20CG\/MODULO%201.PDF) (PDF) on 21 May 2013. Retrieved 10 December 2024.\n9. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-10)**\n   [\"Los grandes almacenes pierden en España su carácter de negocio familiar\"](https:\/\/elpais.com\/diario\/1981\/07\/12\/economia\/363736813_850215.html). *El País* (in Spanish). 11 July 1981. [ISSN](https:\/\/en.wikipedia.org\/wiki\/ISSN_\\(identifier\\) \"ISSN (identifier)\") [1134-6582](https:\/\/search.worldcat.org\/issn\/1134-6582). Retrieved 30 June 2022.\n10. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-11)**\n    [\"Isidoro Álvarez asume la presidencia de El Corte Inglés y de la Fundación Ramón Areces\"](http:\/\/elpais.com\/diario\/1989\/08\/02\/economia\/618012006_850215.html). *El País*. 2 August 1989. Retrieved 3 June 2017.\n11. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-12)**\n    Ruano, Carlos (8 October 2013). [\"Spain's Santander to buy 51 percent of El Corte Inglés finance arm\"](https:\/\/www.reuters.com\/article\/us-santander-elcorteingles-idUSBRE9960EX20131007). Reuters.\n12. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-13)**\n    [\"El Corte Inglés cierra en el centro de Barcelona: baja la persiana en Plaza Cataluña\"](https:\/\/www.modaes.com\/empresa\/el-corte-ingles-cierra-en-plaza-cataluna). *www.modaes.com* (in Spanish). Retrieved 30 June 2022.\n13. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-14)**\n    Group, IT Digital Media (27 November 2019). [\"El Corte Inglés vende IECISA a GFI por más de 300 millones de euros \\| Actualidad\"](https:\/\/www.ituser.es\/actualidad\/2019\/11\/el-corte-ingles-vende-iecisa-a-gfi-por-mas-de-300-millones-de-euros). *IT User* (in Spanish). Retrieved 30 June 2022.\n    \n    `{{cite web}}`: `|last=` has generic name ([help](https:\/\/en.wikipedia.org\/wiki\/Help:CS1_errors#generic_name \"Help:CS1 errors\"))\n14. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-15)**\n    DÍAS, CINCO (14 July 2020). [\"El Corte Inglés compra la empresa de seguridad Mega 2 para diversificar negocios\"](https:\/\/cincodias.elpais.com\/cincodias\/2020\/07\/14\/companias\/1594726305_154624.html). *Cinco Días* (in Spanish). Retrieved 11 May 2022.\n15. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-16)**\n    [\"El fin del sueño californiano golpea a El Corte Inglés \\| soitu.es\"](http:\/\/www.soitu.es\/soitu\/2009\/07\/13\/actualidad\/1247439719_844752.html). *www.soitu.es*. Retrieved 30 June 2022.\n16. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-17)**\n    [\"El Corte Inglés - información corporativa\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/elcorteinglescorporativo\/portal.do?IDM=160&NM=3). *www.elcorteingles.es*. Retrieved 3 June 2017.\n17. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-18)**\n    Press, Europa (30 September 2020). [\"El Corte Inglés materializa este jueves la absorción de Sfera\"](https:\/\/www.europapress.es\/economia\/noticia-corte-ingles-materializa-jueves-absorcion-sfera-20200930102832.html) \\[El Corte Inglés materializes this Thursday the absorption of Sfera\\]. *www.europapress.es*. Retrieved 10 December 2023.\n18. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-ar2022_19-0)**\n    [Non-financial statement 2022](https:\/\/www.elcorteingles.es\/recursos\/informacioncorporativa\/doc\/portal\/2023\/07\/24\/informe-no-financiero-en72883.pdf) (PDF) (Report). El Corte Inglés S.A. 2022. pp. 24–26. Retrieved 10 December 2023.\n19. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-20)**\n    [\"Quiénes somos - Financiera El Corte Inglés\"](https:\/\/www.financieraelcorteingles.es\/es\/corporativas\/quienes-somos\/). *www.financieraelcorteingles.es*. Retrieved 2 July 2022.\n20. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-21)**\n    Ropero, Javier García (12 August 2020). [\"El Corte Inglés culmina la adquisición de Mega-2 integrándola en Parinver\"](https:\/\/cincodias.elpais.com\/cincodias\/2020\/08\/11\/companias\/1597173179_596365.html). *Cinco Días* (in Spanish). Retrieved 2 July 2022.\n21. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-22)**\n    [\"Amazon lidera el ecommerce en España, con una facturación de 871 MM€ en 2016; El Corte Inglés segundo con 651 MM€ - Ecommerce News\"](https:\/\/web.archive.org\/web\/20200224175536\/https:\/\/ecommerce-news.es\/amazon-ecommerce-el-corte-ingles-facturacion-57957). 24 February 2020. Archived from [the original](https:\/\/ecommerce-news.es\/amazon-ecommerce-el-corte-ingles-facturacion-57957) on 24 February 2020. Retrieved 2 July 2022.\n22. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-23)**\n    [\"Así aborda El Corte Inglés el reto del \"e-commerce\"\"](https:\/\/www.expansion.com\/economia-digital\/protagonistas\/2016\/11\/10\/582338c3ca474166618b4575.html). *Expansión.com* (in Spanish). 10 November 2016. Retrieved 2 July 2022.\n23. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-24)**\n    [\"Global Powers of Retailing 2022\"](https:\/\/www2.deloitte.com\/global\/en\/pages\/consumer-business\/articles\/global-powers-of-retailing.html). *Deloitte*. Retrieved 1 July 2022.\n24. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-25)**\n    Semana (19 September 2008). [\"El poder de las Empresas Familiares en el Mundo\"](https:\/\/www.semana.com\/opinion\/opinion-on-line\/articulo\/el-poder-empresas-familiares-mundo\/68415\/). *Semana.com Últimas Noticias de Colombia y el Mundo* (in Spanish). Retrieved 1 July 2022.\n25. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-26)**\n    perpe (27 August 2012). [\"Ventas y beneficios de El Corte Inglés\"](https:\/\/www.perpe.es\/2012\/08\/27\/wc3512\/). *Perpe*. Retrieved 1 July 2022.\n26. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-27)**\n    [\"Información Corporativa Grupo El Corte Inglés, 19\/06\/2020\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/). Retrieved 19 June 2020.\n27. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-prensa.elcorteinglescorporativo_1_28-0)**\n    El Corte Inglés (Spain) (ed.). [\"El Corte Inglés (corporate information)\"](https:\/\/web.archive.org\/web\/20141016052111\/http:\/\/prensa.elcorteinglescorporativo.es\/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10). Archived from [the original](http:\/\/prensa.elcorteinglescorporativo.es\/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10) on 16 October 2014. Retrieved 6 June 2020.\n28. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-29)**\n    [\"El Corte Inglés will resist any IPO moves -sources\"](https:\/\/web.archive.org\/web\/20140808062019\/http:\/\/www.reuters.com\/article\/2007\/07\/05\/idUSL057819020070705). *[Reuters](https:\/\/en.wikipedia.org\/wiki\/Reuters \"Reuters\")*. 8 August 2014. Archived from [the original](http:\/\/www.reuters.com\/article\/2007\/07\/05\/idUSL057819020070705) on 8 August 2014. Retrieved 1 July 2022.\n29. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-30)**\n    Ugalde, Ruth (16 September 2014). [\"Isidoro Álvarez deja una herencia de 1.500 millones en acciones de El Corte Inglés\"](https:\/\/www.elconfidencial.com\/empresas\/2014-09-16\/isidoro-alvarez-deja-una-herencia-de-1-500-millones-en-acciones-de-el-corte-ingles_196740\/). *elconfidencial.com* (in Spanish). Retrieved 1 July 2022.\n30. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-31)**\n    [\"El Corte Inglés tendrá dos consejeros delegados, Del Pozo y Nuño de la Rosa\"](https:\/\/www.lavanguardia.com\/vida\/20171023\/432303349051\/el-corte-ingles-tendra-dos-consejeros-delegados-del-pozo-y-nuno-de-la-rosa.html). *La Vanguardia* (in Spanish). 23 October 2017. Retrieved 1 July 2022.\n31. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-32)**\n    [\"La juez condena a El Corte Inglés a pagar a César Areces 98,5 millones por sus acciones\"](https:\/\/elpais.com\/economia\/2007\/04\/17\/actualidad\/1176795182_850215.html). *El País* (in Spanish). 17 April 2007. [ISSN](https:\/\/en.wikipedia.org\/wiki\/ISSN_\\(identifier\\) \"ISSN (identifier)\") [1134-6582](https:\/\/search.worldcat.org\/issn\/1134-6582). Retrieved 1 July 2022.\n32. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-33)**\n    [\"Consejo de Administración\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/gobierno-corporativo\/consejo-de-administracion\/). *El Corte Inglés*. Retrieved 2 July 2022.\n33. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-34)**\n    [\"Marta Álvarez, elegida nueva presidenta de El Corte Inglés por unanimidad\"](https:\/\/www.abc.es\/economia\/abci-marta-alvarez-nueva-presidenta-corte-ingles-unanimidad-201907101506_noticia.html). *abc* (in Spanish). 10 July 2019. Retrieved 2 July 2022.\n34. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-35)**\n    [\"Compromisos con el cliente\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/quienes-somos\/el-corte-ingles-de-un-vistazo\/compromisos-con-el-cliente\/). *El Corte Inglés*. Retrieved 2 July 2022.\n35. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-36)**\n    elEconomista.es. [\"El corte inglés empleaba a 99.323 personas en 2011, frente a las 102.699 de 2010 - elEconomista.es\"](https:\/\/www.eleconomista.es\/economia\/noticias\/4205552\/08\/12\/El-corte-ingles-empleaba-a-99323-personas-en-2011-frente-a-las-102699-de-2010.html). *www.eleconomista.es* (in Spanish). Retrieved 3 July 2022.\n36. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-37)**\n    Requena, A. (3 June 2013). [\"El Corte Inglés, condenado por discriminación salarial a sus trabajadoras\"](https:\/\/www.eldiario.es\/economia\/corte-ingles-condenado-discriminacion-salarial_1_5699027.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022.\n37. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-38)**\n    elDiariocv (13 September 2014). [\"CCOO denuncia persecución sindical en El Corte Inglés\"](https:\/\/www.eldiario.es\/comunitat-valenciana\/ccoo-denuncia-persecucion-corte-ingles_1_4652944.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022.\n38. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-39)**\n    [\"Explotación en El Corte Inglés: Atreverse a luchar, atreverse a vencer – Rebelion\"](https:\/\/rebelion.org\/explotacion-en-el-corte-ingles-atreverse-a-luchar-atreverse-a-vencer\/) (in Spanish). Retrieved 3 July 2022.\n39. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-40)**\n    [\"SNet: INDITEX (Zara), MANGO, CORTEFIEL e INDUYCO-EL CORTE INGLÉS, DENUNCIADAS por EXPLOTACIÓN LABORAL en el TERCER MUNDO\"](https:\/\/web.archive.org\/web\/20220703163625\/https:\/\/antigua.solidaridad.net\/noticia\/1166\/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t). *antigua.solidaridad.net*. Archived from [the original](https:\/\/antigua.solidaridad.net\/noticia\/1166\/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t) on 3 July 2022. Retrieved 3 July 2022.\n40. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-41)**\n    [\"SNet: El Corte Inglés controla más del 90% de los grandes almacenes y subcontrata en Tanger con salarios de miseria\"](https:\/\/web.archive.org\/web\/20221003164412\/https:\/\/antigua.solidaridad.net\/noticia\/3634\/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de). *antigua.solidaridad.net*. Archived from [the original](https:\/\/antigua.solidaridad.net\/noticia\/3634\/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de) on 3 October 2022. Retrieved 3 July 2022.\n41. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-42)**\n    [\"SNet: INDITEX (Zara), El Corte Inglés Y MAYORAL ACUSADAS de COMPLICIDAD en la VIOLACIÓN de DERECHOS HUMANOS y LABORALES en MARRUECOS\"](https:\/\/web.archive.org\/web\/20220703163621\/https:\/\/antigua.solidaridad.net\/noticia\/953\/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos). *antigua.solidaridad.net*. Archived from [the original](https:\/\/antigua.solidaridad.net\/noticia\/953\/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos) on 3 July 2022. Retrieved 3 July 2022.\n42. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-43)**\n    [\"El Corte Inglés integra a Induyco \\| CondeNast - Profesional\"](https:\/\/web.archive.org\/web\/20101018025450\/http:\/\/www.condenast-profesional.es\/articulos\/el-corte-ingles-integra-a-induyco\/9570). 18 October 2010. Archived from [the original](http:\/\/www.condenast-profesional.es\/articulos\/el-corte-ingles-integra-a-induyco\/9570) on 18 October 2010. Retrieved 4 July 2022.\n43. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-44)**\n    *Luchas Autonomos en la Transicion Democratica* (in Spanish). Madrid, Spain: Promocion del Pueblo. 1977.\n44. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-45)**\n    Redacción (28 February 2012). [\"InfoAdex: El Corte Inglés y P\\&G, los principales anunciantes en España en 2011\"](https:\/\/www.marketingdirecto.com\/marketing-general\/publicidad\/infoadex-el-corte-ingles-y-pg-los-principales-anunciantes-en-espana-en-2011). *Marketing Directo* (in Spanish). Retrieved 4 July 2022.\n45. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-46)**\n    [\"Los compradores estrenan la antigua torre Windsor\"](https:\/\/elpais.com\/diario\/2011\/01\/17\/madrid\/1295267055_850215.html) \\[The buyers unveil the old Windsor Tower\\]. *El País* (in Spanish). 17 January 2011. Retrieved 10 December 2023.\n46. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-47)**\n    [\"El Corte Inglés abre su \"buque insignia\" de Castellana, con una inversión de más de 300 millones\"](https:\/\/www.telemadrid.es\/noticias\/madrid\/Corte-Ingles-insignia-Castellana-inversion-0-1294970492--20111027082920.html) \\[El Corte Inglés opens its \"flagship\" of Castellana, with an investment of more than 300 million\\]. *Telemadrid* (in Spanish). 27 October 2011. Retrieved 10 December 2023.\n47. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-corte-castellana-sqm_48-0)**\n    [\"El Corte Inglés de Castellana se sitúa a la cabeza de la innovación con nuevos espacios y conceptos\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/comunicacion\/notas-de-prensa\/el-corte-ingles-de-castellana-se-situa-a-la-cabeza-de-la-innovacion-con-nuevos-espacios-y-conceptos.html) \\[El Corte Inglés Castellana Store at Head of Innovation with its New Spaces and Concepts\\]. *El Corte Inglés* (in European Spanish). 26 October 2011. Retrieved 10 December 2023.\n48. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-49)**\n    [\"Departamentos en El Corte Inglés Preciados–Callao\"](https:\/\/www.elcorteingles.es\/centroscomerciales\/es\/eci\/centros\/centro-comercial-preciados-callao\/departamentos\/por_plantas). *El Corte Inglés*. Retrieved 7 January 2024.\n49. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-50)**\n    [\"Historia del Grupo\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/quienes-somos\/historia-del-grupo\/) \\[History of the Group\\]. *El Corte Inglés*. Retrieved 7 January 2024.\n50. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-51)**\n    Capitel, Antón (18 August 2019). [\"La Gran Vía de Madrid. Breve biografía crítica de una gran calle (IV)\"](https:\/\/veredes.es\/blog\/la-gran-via-madrid-breve-biografia-critica-una-gran-calle-iv-anton-capitel\/) \\[The Gran Vía of Madrid. Brief critical biography of a great street (IV)\\]. *Veredes, arquitectura y divulgación* (in Spanish). Retrieved 7 January 2024.\n\n## External links\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=23 \"Edit section: External links\")\\]\n\n[![logo](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/4\/4a\/Commons-logo.svg\/40px-Commons-logo.svg.png)](https:\/\/en.wikipedia.org\/wiki\/File:Commons-logo.svg)\n\nWikimedia Commons has media related to [El Corte Inglés](https:\/\/commons.wikimedia.org\/wiki\/Category:El_Corte_Ingl%C3%A9s \"commons:Category:El Corte Inglés\").\n\n- [Official website](https:\/\/www.elcorteingles.com\/en\/)\n\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:Supermarkets_in_Spain \"Template:Supermarkets in Spain\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:Supermarkets_in_Spain \"Template talk:Supermarkets in Spain\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:Supermarkets_in_Spain \"Special:EditPage\/Template:Supermarkets in Spain\")[Supermarkets in 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[Hipercor](https:\/\/en.wikipedia.org\/wiki\/Hipercor \"Hipercor\") [Iceland](https:\/\/en.wikipedia.org\/wiki\/Iceland_\\(supermarket\\) \"Iceland (supermarket)\") [Lidl](https:\/\/en.wikipedia.org\/wiki\/Lidl \"Lidl\") [Makro](https:\/\/en.wikipedia.org\/wiki\/Makro \"Makro\") [Mercadona](https:\/\/en.wikipedia.org\/wiki\/Mercadona \"Mercadona\") [Repsol](https:\/\/en.wikipedia.org\/wiki\/Repsol \"Repsol\") [Sabeco](https:\/\/en.wikipedia.org\/wiki\/Sabeco \"Sabeco\") [Simply Market](https:\/\/en.wikipedia.org\/wiki\/Simply_Market \"Simply Market\") [Spar](https:\/\/en.wikipedia.org\/wiki\/Spar_\\(retailer\\) \"Spar (retailer)\") [Supermercados Tu Alteza](https:\/\/en.wikipedia.org\/wiki\/Supermercados_Tu_Alteza \"Supermercados Tu Alteza\") | ![flag](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/9\/9a\/Flag_of_Spain.svg\/40px-Flag_of_Spain.svg.png)[Spain portal](https:\/\/en.wikipedia.org\/wiki\/Portal:Spain \"Portal:Spain\") [![icon](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/5\/50\/ShoppingCart.svg\/40px-ShoppingCart.svg.png)](https:\/\/en.wikipedia.org\/wiki\/File:ShoppingCart.svg)[Supermarkets portal](https:\/\/en.wikipedia.org\/wiki\/Portal:Supermarkets \"Portal:Supermarkets\") |\n\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:European_Retail_Round_Table \"Template:European Retail Round Table\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:European_Retail_Round_Table \"Template talk:European Retail Round Table\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:European_Retail_Round_Table \"Special:EditPage\/Template:European Retail Round Table\")[European Retail Round Table](https:\/\/en.wikipedia.org\/wiki\/European_Retail_Round_Table \"European Retail Round Table\") (1999–2020) |   |\n|---|---|\n| Former members | [Ahold Delhaize](https:\/\/en.wikipedia.org\/wiki\/Ahold_Delhaize \"Ahold Delhaize\") \/ [Royal Ahold](https:\/\/en.wikipedia.org\/wiki\/Royal_Ahold \"Royal Ahold\") [Asda](https:\/\/en.wikipedia.org\/wiki\/Asda \"Asda\") [Auchan](https:\/\/en.wikipedia.org\/wiki\/Auchan \"Auchan\") [C\\&A](https:\/\/en.wikipedia.org\/wiki\/C%26A \"C&A\") [Carrefour](https:\/\/en.wikipedia.org\/wiki\/Carrefour \"Carrefour\") [Ceconomy](https:\/\/en.wikipedia.org\/wiki\/Ceconomy \"Ceconomy\") [Dansk Supermarked](https:\/\/en.wikipedia.org\/wiki\/Salling_Group \"Salling Group\") [Delhaize Group](https:\/\/en.wikipedia.org\/wiki\/Delhaize_Group \"Delhaize Group\") [Dixons Group \/ DSG International](https:\/\/en.wikipedia.org\/wiki\/Dixons_Retail \"Dixons Retail\") [El Corte Inglés]() [Gruppo Coin](https:\/\/en.wikipedia.org\/wiki\/OVS_\\(company\\) \"OVS (company)\") [H\\&M](https:\/\/en.wikipedia.org\/wiki\/H%26M \"H&M\") [ICA Gruppen](https:\/\/en.wikipedia.org\/wiki\/ICA_Gruppen \"ICA Gruppen\") [IKEA](https:\/\/en.wikipedia.org\/wiki\/IKEA \"IKEA\") [Inditex](https:\/\/en.wikipedia.org\/wiki\/Inditex \"Inditex\") [J Sainsbury](https:\/\/en.wikipedia.org\/wiki\/J_Sainsbury \"J Sainsbury\") [Jerónimo Martins](https:\/\/en.wikipedia.org\/wiki\/Jer%C3%B3nimo_Martins \"Jerónimo Martins\") [Kingfisher](https:\/\/en.wikipedia.org\/wiki\/Kingfisher_plc \"Kingfisher plc\") [Lidl](https:\/\/en.wikipedia.org\/wiki\/Lidl \"Lidl\") [Marks & Spencer](https:\/\/en.wikipedia.org\/wiki\/Marks_%26_Spencer \"Marks & Spencer\") [Mercadona](https:\/\/en.wikipedia.org\/wiki\/Mercadona \"Mercadona\") [Metro AG](https:\/\/en.wikipedia.org\/wiki\/Metro_AG \"Metro AG\") [Promodès](https:\/\/en.wikipedia.org\/wiki\/Promod%C3%A8s \"Promodès\") [Tesco](https:\/\/en.wikipedia.org\/wiki\/Tesco \"Tesco\") |\n\n| [Authority control databases](https:\/\/en.wikipedia.org\/wiki\/Help:Authority_control \"Help:Authority control\") [![Edit this at 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(corporation)\") |\n| Industry | [Retail](https:\/\/en.wikipedia.org\/wiki\/Retail \"Retail\") |\n| Genre | [Department stores](https:\/\/en.wikipedia.org\/wiki\/Department_store \"Department store\") |\n| Founded | 28 June 1940; 85 years ago in [Madrid](https:\/\/en.wikipedia.org\/wiki\/Madrid \"Madrid\"), [Spain](https:\/\/en.wikipedia.org\/wiki\/Spain \"Spain\") |\n| Founders | [Ramón Areces](https:\/\/en.wikipedia.org\/wiki\/Ram%C3%B3n_Areces \"Ramón Areces\") César Rodríguez |\n| Headquarters | Madrid, Spain |\n| Number of locations | 83 (2023) |\n| Areas served | [Spain](https:\/\/en.wikipedia.org\/wiki\/Spain \"Spain\") [Portugal](https:\/\/en.wikipedia.org\/wiki\/Portugal \"Portugal\") |\n| Key people | Victor del Pozo (chairman) Marta Álvarez Guil (president) |\n| Products | Clothing footwear accessories bedding furniture jewelry beauty products housewares |\n| Revenue | ![Increase](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b0\/Increase2.svg\/20px-Increase2.svg.png) €15.783 billion (2018) |\n| [Net income](https:\/\/en.wikipedia.org\/wiki\/Net_income \"Net income\") | ![Increase](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b0\/Increase2.svg\/20px-Increase2.svg.png) €258 million (2018) |\n| Number of employees | ![Increase](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b0\/Increase2.svg\/20px-Increase2.svg.png) 90,004 (2018) |\n| [Subsidiaries](https:\/\/en.wikipedia.org\/wiki\/Subsidiary \"Subsidiary\") | Hipercor Bricor Supercor Opencor Viajes El Corte Inglés Informática El Corte Inglés |\n| Website | [elcorteingles.es](http:\/\/elcorteingles.es\/) |\n| **Footnotes \/ references** [\\[1\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-Corporate_Information-1) |   |\n\n**El Corte Inglés S.A.**[\\[a\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-2) is a Spanish [department store](https:\/\/en.wikipedia.org\/wiki\/Department_store \"Department store\") chain founded in 1940 by [Ramón Areces](https:\/\/en.wikipedia.org\/wiki\/Ram%C3%B3n_Areces \"Ramón Areces\") and César Rodríguez. It is the last such remaining in [Spain](https:\/\/en.wikipedia.org\/wiki\/Spain \"Spain\") and [Portugal](https:\/\/en.wikipedia.org\/wiki\/Portugal \"Portugal\"), and has been a member of the [International Association of Department Stores](https:\/\/en.wikipedia.org\/wiki\/International_Association_of_Department_Stores \"International Association of Department Stores\") since 1998.[\\[2\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-3)[\\[3\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-4) It is the largest department store group in Europe,[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-5) and the third-largest in the world.[\\[5\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-6)[\\[6\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-7)[\\[7\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-8)\n\nIn 1934, the founders Ramón Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor's shop (which began in 1890) located on one of [Madrid](https:\/\/en.wikipedia.org\/wiki\/Madrid \"Madrid\")'s central streets, *[calle Preciados](https:\/\/en.wikipedia.org\/wiki\/Calle_Preciados \"Calle Preciados\")*, at the corner of *calle Carmen* and *calle Rompelanzas.* They made it into a [limited company](https:\/\/en.wikipedia.org\/wiki\/Limited_company \"Limited company\"). The property where the shop was located had been owned by Julián Gordo Centenera since 1930.[\\[8\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-9) The prime location of the property soon attracted the attention of an [Asturian](https:\/\/en.wikipedia.org\/wiki\/Asturias \"Asturias\") businessman, Pepin Fernandez, who was looking to expand a business called *Sederias Carretas* which he had started in 1934 with a capital contribution from his cousin Cesar Rodriguez Gonzales. His plan was to purchase all of the properties on the block to construct a new building to house his business, a vision which was later realized in the form of [Galerias Preciados](https:\/\/en.wikipedia.org\/wiki\/Galer%C3%ADas_Preciados \"Galerías Preciados\").[\\[9\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-10)\n\nAround 1920, at 15, Areces had gone to [Havana](https:\/\/en.wikipedia.org\/wiki\/Havana \"Havana\"), [Cuba](https:\/\/en.wikipedia.org\/wiki\/Cuba \"Cuba\"), and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. Cesar Rodriguez had asked Pepin Fernandez to hire his nephew Ramon Areces in *Sederias Carretas* shortly after his return from Cuba. Pepin refused, so Cesar requested that he at least allow Ramon to operate El Corte Inglés while plans to acquire the block and construct the new building were finalized. Pepin, who had also learned the department store business at *Almacenes El Encanto*, accepted the request, and transferred ownership of El Corte Inglés to Cesar on 23 December 1935, and acquired the property where it was located on behalf of *Sederias Carretas* soon after. Once Cesar took ownership of El Corte Inglés, he designated Ramon Areces as manager, a position which he held until his death, including during the [Spanish civil war](https:\/\/en.wikipedia.org\/wiki\/Spanish_Civil_War \"Spanish Civil War\").\n\nWhen the war ended in 1939, El Corte Inglés moved to *calle Preciados*, on the corner of *calle Tetuan*, near the location of *Almacenes el Aguila*, to make way for the new Galerias Preciados building. In 1940, Areces turned the tailor's shop into a [*sociedad limitada*](https:\/\/en.wikipedia.org\/wiki\/Private_limited_company \"Private limited company\")*,* registering with 1 million pesetas of capital and shares divided equally between Cesar Rodriguez, who became the first president of El Corte Inglés S.L., and Ramon Areces, whose share of the capital contribution came from a loan facilitated by his uncle. As the business expanded, eventually Cesar Rodriguez became the majority shareholder, although Areces remained in charge of strategic decisions and the day-to-day operations of the business.\n\nIn 1945 and 1946, El Corte Inglés acquired its new building and expanded to encompass 2,000 square meters of retail space on 5 floors, and shifted to a department store organizational style similar to that of Galerias Preciados, which had been operational since 1943. The company saw continuous growth until 1952, when it converted its legal structure from a *sociedad limitada* to a [*sociedad anónima*](https:\/\/en.wikipedia.org\/wiki\/S.A._\\(corporation\\) \"S.A. (corporation)\") in which Cesar Rodriguez remained president and majority shareholder, a position which he held until his death in 1966. After this, Ramon Areces, who until then had been managing director, became the president and largest shareholder.\n\nThe competition between El Corte Inglés and Galerias Preciados in the 1950s and 60's caused a revolution in Spanish retail distribution. Seasonal discounts, organized [ad campaigns](https:\/\/en.wikipedia.org\/wiki\/Advertising_campaign \"Advertising campaign\"), air conditioned stores, massive use of publicity, large scale use of [display windows](https:\/\/en.wikipedia.org\/wiki\/Display_window \"Display window\"), customer [loyalty cards](https:\/\/en.wikipedia.org\/wiki\/Loyalty_program \"Loyalty program\"), [point of sale](https:\/\/en.wikipedia.org\/wiki\/Point_of_sale \"Point of sale\") data collection, and more. The expansion of El Corte Inglés began in 1962 with the opening of its second department store in [Barcelona](https:\/\/en.wikipedia.org\/wiki\/Barcelona \"Barcelona\"), and expansion continues until the present. Expansion also diversified into other formats including [Hipercor](https:\/\/en.wikipedia.org\/wiki\/Hipercor \"Hipercor\"), first introduced in [Seville](https:\/\/en.wikipedia.org\/wiki\/Seville \"Seville\") in 1980. In 1969, the company started to branch out of the retail sector, first opening a [travel agency](https:\/\/en.wikipedia.org\/wiki\/Travel_agency \"Travel agency\"), Viajes El Corte Inglés, in 1969, followed by a telecom and computing equipment wholesaler, Investronica, in 1980, and an [IT services](https:\/\/en.wikipedia.org\/wiki\/IT_service_management \"IT service management\") and [software development](https:\/\/en.wikipedia.org\/wiki\/Software_development \"Software development\") company, Informática El Corte Inglés (IECISA), in 1986.\n\nAfter Areces died in 1989, his nephew [Isidoro Álvarez](https:\/\/en.wikipedia.org\/wiki\/Isidoro_%C3%81lvarez \"Isidoro Álvarez\") became his successor and continued to expand the business while emphasizing self-reliant financing methods, opaque management techniques, and careful investment. In 1995, El Corte Inglés bought out Galerías Preciados, which was its only serious competitor. Galerias Preciados had entered bankruptcy.[\\[10\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-11) In addition to acquiring its arch-rival, El Corte Inglés purchased all of the [Marks & Spencer](https:\/\/en.wikipedia.org\/wiki\/Marks_%26_Spencer \"Marks & Spencer\") stores in the [Iberian peninsula](https:\/\/en.wikipedia.org\/wiki\/Iberian_Peninsula \"Iberian Peninsula\") in 2001.\n\nEl Corte Inglés entered into a partnership with [Repsol](https:\/\/en.wikipedia.org\/wiki\/Repsol \"Repsol\") in 1998, through which El Corte Inglés would operate convenience stores at Repsol [fuel stations](https:\/\/en.wikipedia.org\/wiki\/Filling_station \"Filling station\"). These stores were initially known as Repsol-Supercor, or Repsol-Opencor after 2008, while those not attached to fuel stations were called Opencor. In 2001, El Corte Inglés opened a retail fashion outlet called Sfera. Its first [big-box store](https:\/\/en.wikipedia.org\/wiki\/Big-box_store \"Big-box store\"), Bricor, specializing in [home decor](https:\/\/en.wikipedia.org\/wiki\/Interior_design \"Interior design\") and [DIY](https:\/\/en.wikipedia.org\/wiki\/Do_it_yourself \"Do it yourself\") supplies, opened in 2006.\n\nIn October 2013, the firm sold a 51% stake in the financing department to the Spanish banking group [Grupo Santander](https:\/\/en.wikipedia.org\/wiki\/Grupo_Santander \"Grupo Santander\") for around €140 million.[\\[11\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-12) From 2014 to 2018 the CEO of the company was [Dimas Gimeno](https:\/\/en.wikipedia.org\/wiki\/Dimas_Gimeno \"Dimas Gimeno\"). In March 2018, El Corte Inglés closed its store on [La Rambla](https:\/\/en.wikipedia.org\/wiki\/La_Rambla,_Barcelona \"La Rambla, Barcelona\") of [Barcelona](https:\/\/en.wikipedia.org\/wiki\/Barcelona \"Barcelona\").[\\[12\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-13)\n\nIn 2019, El Corte Inglés sold IECISA to GFI for €300 million.[\\[13\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-14) In June 2020, El Corte Inglés bought the private security and services company MEGA 2 for 28 million euros.[\\[14\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-15)\n\n### International expansion\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=2 \"Edit section: International expansion\")\\]\n\nThe first attempts at international expansion happened in 1981 with the acquisition of the [Harris Company](https:\/\/en.wikipedia.org\/wiki\/Harris_Company \"Harris Company\"), a chain of mid-sized department stores in the [United States](https:\/\/en.wikipedia.org\/wiki\/United_States \"United States\"). The venture was unsuccessful, and in 1998 El Corte Inglés made a deal with [Gottschalks](https:\/\/en.wikipedia.org\/wiki\/Gottschalks \"Gottschalks\"), an American department store chain. Gottschalks took over management of the Harris Company's stores and gave El Corte Inglés 16% of Harris Company stock. It turned out to be a total loss later, when Gottschalks declared [bankruptcy](https:\/\/en.wikipedia.org\/wiki\/Bankruptcy \"Bankruptcy\") in the aftermath of the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\").[\\[15\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-16)\n\nThat experience led to the company taking a much more conservative approach with its 2001 expansion in Portugal, with a store in [Lisbon](https:\/\/en.wikipedia.org\/wiki\/Lisbon \"Lisbon\"), followed in 2006 with a store in [Vila Nova de Gaia](https:\/\/en.wikipedia.org\/wiki\/Vila_Nova_de_Gaia \"Vila Nova de Gaia\"), opposite the city of [Porto](https:\/\/en.wikipedia.org\/wiki\/Porto \"Porto\"). In 2006, just as it opened its second store outside of Spain (in *Vila Nova de Gaia*), the company announced expansion outside the Iberian Peninsula: Italy was to be the first country to host a store, but owing to the ongoing Eurozone crisis, the plan was suspended, as well as the opening of the third store in Portugal.[\\[16\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-17)\n\nVarious food products bearing the El Corte Inglés brand are marketed in Latin American stores.\n\nThe business group is divided into the following areas of activity, which are usually commercially configured as companies whose shareholding belongs in its entirety or overwhelmingly majority to El Corte Inglés S.A .:\n\n- El Corte Inglés S.A. The parent company, dedicated to distribution through department stores. This was the main activity of the company since its inception. In 2010 it still accounted for 59% of total revenues and about 63.7% of net profit. As of 28 February 2013, El Corte Inglés has 86 centres, 84 in Spain and 2 in Portugal.\n- [Hipercor](https:\/\/en.wikipedia.org\/wiki\/Hipercor \"Hipercor\"). Chain of [hypermarkets](https:\/\/en.wikipedia.org\/wiki\/Hypermarket \"Hypermarket\") dedicated to the distribution of food and household appliances. Hipercor was a response to the entry of French capital into the Spanish market in the 1980s, including [Alcampo](https:\/\/en.wikipedia.org\/wiki\/Alcampo \"Alcampo\"), Pryca and Continente, with the latter two merging and now operating under the [Carrefour](https:\/\/en.wikipedia.org\/wiki\/Carrefour \"Carrefour\") brand. As of 28 February 2013, Hipercor has 42 centres in Spain.\n- Bricor. [Home improvement](https:\/\/en.wikipedia.org\/wiki\/Home_improvement \"Home improvement\") and home decor retailer. Bricor was a response to the consolidation of the sector by the Adeo group, which was formed from the Auchan group, which owned Alcampo, among other interests. The [Auchan](https:\/\/en.wikipedia.org\/wiki\/Auchan \"Auchan\") group also owns the [Leroy Merlin](https:\/\/en.wikipedia.org\/wiki\/Leroy_Merlin \"Leroy Merlin\"), Aki and Bricomart brands in Spain. As of 28 February 2013, Bricor had 16 stores: 14 in Spain and 2 in Portugal.\n- Supercor \/ Supercor Exprés. [Supermarket](https:\/\/en.wikipedia.org\/wiki\/Supermarket \"Supermarket\") and [convenience store](https:\/\/en.wikipedia.org\/wiki\/Convenience_store \"Convenience store\") chain. Supercor emerged to compete with mid-sized local grocery stores at the end of the 1990s, such as [Caprabo](https:\/\/en.wikipedia.org\/wiki\/Caprabo \"Caprabo\"), [Eroski](https:\/\/en.wikipedia.org\/wiki\/Eroski \"Eroski\"), and [Mercadona](https:\/\/en.wikipedia.org\/wiki\/Mercadona \"Mercadona\"). Supercor Express is a smaller sized convenience store format which was adopted by the company in 2011. The sum total of convenience stores, including Supercor, Supercor Express, and Opencor was 238 as of 28 February 2013.\n- [Sfera](https:\/\/en.wikipedia.org\/wiki\/Sfera_\\(retailer\\) \"Sfera (retailer)\"). [Fashion retailer](https:\/\/en.wikipedia.org\/wiki\/Fashion_retailer \"Fashion retailer\") stores group. over as of the end of 2022, 490 points of sale - mostly freestanding stores - owned and franchised, including 75 stores-in-store within El Corte Inglés department stores in Spain and Portugal. Sales in fiscal 2020 were 461 million euro.[\\[17\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-18) There are stores (as of December 2022) in:[\\[18\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-ar2022-19) It was conceived as a response to chains like [H\\&M](https:\/\/en.wikipedia.org\/wiki\/H%26M \"H&M\"), and the Spanish brands [Mango](https:\/\/en.wikipedia.org\/wiki\/Mango_\\(retailer\\) \"Mango (retailer)\"), [Zara](https:\/\/en.wikipedia.org\/wiki\/Zara_\\(retailer\\) \"Zara (retailer)\"), and Springfield, the latter two of which belong to Inditex and [Cortefiel](https:\/\/en.wikipedia.org\/wiki\/Tendam \"Tendam\") respectively.\n\n### IT and communications\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=5 \"Edit section: IT and communications\")\\]\n\nIn the [IT](https:\/\/en.wikipedia.org\/wiki\/IT \"IT\") and communications fields, El Corte Inglés has three subsidiaries, which are listed in order of establishment:\n\n- Informática El Corte Inglés (IECISA). Dedicated to [IT consulting](https:\/\/en.wikipedia.org\/wiki\/IT_consulting \"IT consulting\"), [software development](https:\/\/en.wikipedia.org\/wiki\/Software_development \"Software development\") and computing services.\n- Investrónica. Consumer computing and telephony wholesaler, and former computer manufacturer under the Inves brand. Integrated in IECISA from 2015.\n- Telecor. Telecommunications services for consumers and businesses.\n\nIn the service sector, the El Corte Inglés group owns:\n\n- [Viajes El Corte Inglés](https:\/\/en.wikipedia.org\/wiki\/Viajes_El_Corte_Ingl%C3%A9s \"Viajes El Corte Inglés\"). [Travel agency](https:\/\/en.wikipedia.org\/wiki\/Travel_agency \"Travel agency\") group from a wholesale and retail point of view. As [travel agency](https:\/\/en.wikipedia.org\/wiki\/Travel_agency \"Travel agency\") it has 599 branches worldwide, 506 of which are in Spain and 93 abroad.\n- Seguros El Corte Inglés (CESS). Insurance company dedicated to [insurance brokerage](https:\/\/en.wikipedia.org\/wiki\/Insurance_brokerage \"Insurance brokerage\") and financial and real estate mediation. It has 105 branches, most of which are located in the El Corte Inglés department stores, although some are dedicated Seguros El Corte Inglés storefronts.\n- Financiera El Corte Inglés. A consumer credit company that finances purchases for customers and distributes the El Corte Inglés shopping card. Present in Spain and Portugal. 51% of the capital of Financiera El Corte Inglés belongs to [Banco Santander](https:\/\/en.wikipedia.org\/wiki\/Banco_Santander \"Banco Santander\") as of 2014.[\\[19\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-20)\n- MEGA 2. A security and terciary service company present in Spain and Portugal.\n- Grupo Sicor. Provision of services related to physical and digital security, integral services, cleaning and maintenance, logistics, and employment.\n- Sweno. A telecomm company.\n- Sweno Energia. A residential and commercial electrical utility.\n- Bitcor. A cryptocurrency company.\n\n### Auxiliary businesses\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=7 \"Edit section: Auxiliary businesses\")\\]\n\nEl Corte Inglés owns 100% of a number of businesses auxiliary to their main business functions, unless otherwise noted.\n\n- *Industrias y Confecciones S.A.* (INDUYCO). Integrated into the group in 2010.\n- *Ason Inmobiliaria de Arriendos S.L.* A real estate and rental management company.\n- *Construcciones, Promociones e Instalaciones S.A.* A construction and renovation company.\n- *Editorial Universitaria Ramón Areces S.A.* A publisher of text books for Spanish universities.\n- *Tourmodial Operadores S.A.* A travel services company.\n- Parinver S.A. (75.83%). A holding company which owns some hotel groups and other businesses.[\\[20\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-21)\n\nThe company has partial ownership in other businesses:\n\n- 50% of *Gestion de Puntos de Venta S.A.* (GESPEVESA) which manages Opencor stores at Repsol fuel stations.\n- 50% of *[Sephora](https:\/\/en.wikipedia.org\/wiki\/Sephora \"Sephora\") Cosmeticos España S. L.*\n- 6\\.15% of *Euroforum Escorial S.A.,* a training and corporate events company.\n- 4,36 % of *Parque Temático de Madrid S.A.* which operates [Parque Warner Madrid](https:\/\/en.wikipedia.org\/wiki\/Parque_Warner_Madrid \"Parque Warner Madrid\").\n- 1\\.7% of [IAG](https:\/\/en.wikipedia.org\/wiki\/International_Airlines_Group \"International Airlines Group\").\n\nEl Corte Inglés' website was the largest in terms of the number of its customers in Spain, with 3.7 million customers in 2011. In 2013, 3.5 million customers and 137 million visits were registered. In December 2016 they reached their monthly peak, with more than 14 million unique users and more than 30 million visits to www.elcorteingles.es, increasing to 32 million in January 2017, becoming the most visited Spanish commercial website in Spain. It was the second most visited ecommerce website in Spain in 2017, behind [Amazon.com](https:\/\/en.wikipedia.org\/wiki\/Amazon_\\(company\\) \"Amazon (company)\").[\\[21\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-22)\n\nSince 1999 its General Director of Electronic Commerce and Distance Sales Division is Ricardo Goizueta Sagues and the Digital Director or Chief Digital Officer (CDO) is, since 2012, José María Fernández Ortega.[\\[22\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-23)\n\nAccording to [Deloitte](https:\/\/en.wikipedia.org\/wiki\/Deloitte \"Deloitte\")'s report on \"Global Powers of Retailing,\" El Corte Inglés ranked 97th in 2020, down 27 places from 2019, when it ranked 69th. This made it the 3rd largest retailer by volume in Spain, behind [Inditex](https:\/\/en.wikipedia.org\/wiki\/Inditex \"Inditex\") and [Mercadona](https:\/\/en.wikipedia.org\/wiki\/Mercadona \"Mercadona\"). Total retail revenue in 2020 amount to €12,077 million.[\\[23\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-24) As of 2008, it was the second largest family business in Spain, and the 66th largest in the world.[\\[24\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-25)\n\nThe company's retail revenue and net profit both increased continuously until 2007, when they began to drop. The company has not since returned to its 2007 peak of revenue, which was close to €18,000 million, with €747.6 million net profits.[\\[25\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-26) Since then, both revenue and profits declined until 2015, and then increased until 2019.[\\[26\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-27)[\\[27\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-prensa.elcorteinglescorporativo_1-28)\n\nAlthough the company is known for jealously guarding its privacy,[\\[28\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-29) numerous statements have indicated that the Ramón Areces Foundation is the biggest shareholder, with 37% of the company's shares willed to the foundation by its founder.[\\[29\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-30) Isidoro Alvarez controls these shares as president of the foundation, together with his own shares, which are believed to be somewhere between 15 and 27% of total shares, making him the largest shareholder.\n\nCartera de Valores IASA is the second biggest shareholder, with 22% of shares.[\\[30\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-31) Approximately 9% of shares are owned by the children of Luis Areces, Ramon Areces' brother, via the *Corporacion Ceslar*. Equal parts of approximately 3% of the shares, were divided between the four brothers of the Areces Fuentes brothers, sons of Ramon Areces' other brother Celestino. The brothers acquired these shares through inheritance after the liquidation of the holding company. After a lengthy legal conflict, however, they sold their shares to El Corte Inglés.[\\[31\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-32)\n\nIngondel S.L. which held 6% of El Corte Inglés' capital, was property of descendants of César Rodríguez. It was acquired in 2009. A 7% share is in the hands of Cartera Mancor, S.L., which is also made up of the descendants of César Rodríguez, by way of Paloma García Peña.\n\nApproximately 3% is held by other members of the administrative council, and the remainder is divided between the treasure and some 3000 directors and executives of the company. It is presumed that these shareholders are always employees while they hold shares, since there are restrictions on the transfer of shares.\n\nThe administrative council of El Corte Inglés is composed of the following individuals:[\\[32\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-33)\n\n- Marta Álvarez Guil. elected president 11 July 2019.[\\[33\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-34)\n- Cristina Álvarez Guil.\n- Jesús Nuño de la Rosa y Coloma.\n- Fernando Becker Zuazua.\n- [Manuel Pizarro Moreno](https:\/\/en.wikipedia.org\/wiki\/Manuel_Pizarro_Moreno \"Manuel Pizarro Moreno\").\n- Víctor del Pozo Gil.\n- [Hamad bin Jassem bin Jabr Al Thani](https:\/\/en.wikipedia.org\/wiki\/Hamad_bin_Jassim_bin_Jaber_Al_Thani \"Hamad bin Jassim bin Jaber Al Thani\"), represented by Shahzad Shahbaz.\n- Cartera Mancor, S.L, represented by Paloma García Peña.\n- Corporación Ceslar, represented by Ana Carlota Areces Galán.\n- [Antonio Hernández-Gil](https:\/\/en.wikipedia.org\/wiki\/Antonio_Hern%C3%A1ndez-Gil_%C3%81lvarez-Cienfuegos \"Antonio Hernández-Gil Álvarez-Cienfuegos\") (secretary).\n- Juan Moral-de la Rosa (vice-secretary)\n\nLike Galerias Preciados in its time, El Corte Inglés' business model was based on introducing American style department stores to Spain during a period where Spain was emerging from economic isolation and [autarky](https:\/\/en.wikipedia.org\/wiki\/Autarky \"Autarky\"). As such, its business model revolved around the idea of a store where customer could buy everything, hence its slogan \"The store for all your shopping\" (*La tienda de todas tus compras).* Stores aimed not only to offer a wide variety of articles, but also goods of different levels of quality, with goods divided into departments with additional services such as home deliveries, wedding lists, repairs included in sale price, etc., as well as satisfaction and quality assurances through [money-back guarantees](https:\/\/en.wikipedia.org\/wiki\/Money-back_guarantee \"Money-back guarantee\").\n\nThis model depends on the performance of the following actors:\n\nThe company's main business model has remained constant until the present. Its social and [corporate responsibility](https:\/\/en.wikipedia.org\/wiki\/Corporate_responsibility \"Corporate responsibility\") documents emphasize five pillars of commitment to the customers: quality, service, assortment, specialization, and guarantees.[\\[34\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-35) This approach has been used to build [customer loyalty](https:\/\/en.wikipedia.org\/wiki\/Loyalty_business_model \"Loyalty business model\").\n\nIn the food department, the company has launched a [generic brand](https:\/\/en.wikipedia.org\/wiki\/Generic_brand \"Generic brand\") called Aliada. The El Corte Inglés shopping card is a [credit card](https:\/\/en.wikipedia.org\/wiki\/Credit_card \"Credit card\") which was introduced in 1968, and is one of the most popular in Spain, with 11.58 million active cards in Spain in 2017. Card holders have a one-month [grace period](https:\/\/en.wikipedia.org\/wiki\/Grace_period \"Grace period\") to pay off the balance of their card, with an option to defer payment for up to three months without interest, although administrative fees apply. Payment can also be deferred with low [interest](https:\/\/en.wikipedia.org\/wiki\/Interest \"Interest\") payments for up to 36 months. The card also grants holders the right to at least 2 hours free parking in store [parking garages](https:\/\/en.wikipedia.org\/wiki\/Multistorey_car_park \"Multistorey car park\"), and allows the purchase of any product sold in El Corte Inglés centers. Since 2006, the card can also be used to pay for fuel at Repsol fuel stations.\n\nIn 2011, the company's workforce was made up of 99,323 employees, down from 102,699 the previous year.[\\[35\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-36) 93% of those had long-term contracts, and 71% were full-time. The median age of employees was 39 years, with 13 years of experience. 37% of total employees were male compared to 63% female, although in management males outnumbered females.\n\nAnnual reports indicated that in 2012, the total number of employees further declined to 96,678, 94% of whom were full time, and 64% of whom were female. The relationship between El Corte Inglés and its employees has traditionally been formal, familiar, and paternalistic, with the company trying to establish feedback between the company and its employees. The company provides training and educational assistance, financial services, and discounts or financing for purchasing goods and services.\n\nThe company has received criticism for discriminating against women,[\\[36\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-37) harassment of [labor unions](https:\/\/en.wikipedia.org\/wiki\/Trade_union \"Trade union\"),[\\[37\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-38) is directly implicated in exploitative labor practices.[\\[38\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-39) In the majority of the company's locations, union elections are won by Fetico or FASGA, a national retail union accused of being a [yellow union](https:\/\/en.wikipedia.org\/wiki\/Company_union \"Company union\") by the UGT and [CCOO](https:\/\/en.wikipedia.org\/wiki\/Workers%27_Commissions \"Workers' Commissions\"). Some companies in the El Corte Inglés group, such as Induyco, have been criticized by groups like [Oxfam](https:\/\/en.wikipedia.org\/wiki\/Oxfam \"Oxfam\") for issues of [precarious work](https:\/\/en.wikipedia.org\/wiki\/Precarious_work \"Precarious work\") and exploitation of textile workers in [third world](https:\/\/en.wikipedia.org\/wiki\/Third_World \"Third World\") countries.[\\[39\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-40)[\\[40\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-41)[\\[41\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-42)\n\nThe company has pursued [vertical integration](https:\/\/en.wikipedia.org\/wiki\/Vertical_integration \"Vertical integration\") since early on, especially with textiles, when Ramon Areces and other shareholders founded Induyco in 1949, and which became a *sociedad anonimo* in 1955. Induyco, in spite of having a non-proprietary relationship with El Corte Inglés, initially had El Corte Inglés as its exclusive wholesale client, and its employees were offered benefits as if they belonged to the same group. Later, Induyco still had El Corte Inglés as its majority client, although the relationship was no longer exclusive, though its share structure remained the same, and Isidoro Alvarez was the president. In 2010 El Corte Inglés integrated Induyco into its corporate structure, and in 2012 it ceased activities.[\\[42\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-43)\n\nIn the field of texties, in addition to Induyco, the company created *Confecciones Teruel* in 1975 and *Industrias del Vestido* in 1976. Both companies got the majority of their capital from the Induyco group which itself was part of *Investronica* and *Invesgen*. Its creation was motivated by labor conflicts which occurred at Induyco during those years.[\\[43\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-44) In the field of supplying special materials for sale, the company created *Mostoles Industrial* in the same way as Induyco. *Mostoles Industrial*, unlike Induyco, retained El Corte Inglés as its exclusive customer while having a non-proprietary relationship with it. *Mostoles* is most well known for its production of kitchen furniture for the \"Forlady\" brand.\n\nOn the side of real estate development, the company created *Construcción, Promociones e Instalaciones S.A.* in 1976, whose capital is derived in its entirety from the El Corte Inglés group, and which is responsible for the construction of new stores and renovation of existing ones.\n\n### Publicity and advertising\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=15 \"Edit section: Publicity and advertising\")\\]\n\nEl Corte Inglés has one of the biggest advertising budgets in Spain. In 2011, the group was the biggest advertiser in Spain, with an investment of 171.3 million euros, and as an individual El Corte Inglés itself was the third biggest, with a budget of 99.8 million euros.[\\[44\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-45) The company periodically conducts large publicity campaigns like *Semana Fanstisca* (Fantasic Week) and the *Ocho Dias de Oro* (the Eight Golden Days) by announcing discounts on its products. On the [Christmas](https:\/\/en.wikipedia.org\/wiki\/Christmas \"Christmas\") holiday, it organizes an animation spectacle called \"Cortylandia\" in its main stores.\n\nFurthermore, part of El Corte Inglés' [company culture](https:\/\/en.wikipedia.org\/wiki\/Organizational_culture \"Organizational culture\") includes sponsoring a number of activities that also serve as a form of advertising. For example, the El Corte Inglés Rally is a [rally race](https:\/\/en.wikipedia.org\/wiki\/Rallying \"Rallying\") that ran on the [Canary Islands](https:\/\/en.wikipedia.org\/wiki\/Canary_Islands \"Canary Islands\") from 1977 to 2001.\n\n### Madrid-Castellana flagship\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=17 \"Edit section: Madrid-Castellana flagship\")\\]\n\nThe chain's [Spanish](https:\/\/en.wikipedia.org\/wiki\/Spanish_language \"Spanish language\"): *buque insignia* ([flagship](https:\/\/en.wikipedia.org\/wiki\/Flagship_store \"Flagship store\")) department store is **El Corte Inglés Castellana** in Madrid's Tetuán district, in the Cuatro Caminos neighbourhood, just west of [Paseo de la Castellana](https:\/\/en.wikipedia.org\/wiki\/Paseo_de_la_Castellana \"Paseo de la Castellana\") boulevard and [Nuevos Ministerios](https:\/\/en.wikipedia.org\/wiki\/Nuevos_Ministerios \"Nuevos Ministerios\") station. It opened in 1969 and its biggest extension opened on 7 October 2011 on the site of the [Windsor Building](https:\/\/en.wikipedia.org\/wiki\/Windsor_Tower_\\(Madrid\\) \"Windsor Tower (Madrid)\") which caught fire in 2005 and was demolished. In its place, the [Torre Titania](https:\/\/en.wikipedia.org\/wiki\/Torre_Titania \"Torre Titania\") tower, which connects to the original store, was built. It was designed by architects Pablo Muñoz López and Pedro Vilata Capón\/Capont.[\\[45\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-46)\n\nThe complex encompasses several buildings. The largest has 27 floors, including five below ground dedicated providing parking for 1,600 cars. There are two block of two technical floors each which house engine rooms, air treatment units, elevator machinery, etc. There is a total floor area of 170,000 m2 (1,800,000 sq ft) of which 70,000 m2 (750,000 sq ft) is dedicated to retail sales, thus ranking among the [20 largest department store locations](https:\/\/en.wikipedia.org\/wiki\/Department_store#Largest_flagship_stores \"Department store\") currently in operation worldwide. The company spent around 300 million euro[\\[46\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-47) from 2008 through 2011 with the construction of a new building at Castellana 85, dedicated to decoration, that was then integrated with the existing one. After the remodeling and reorganization, merchandise was presented in a differentiated and themed way, in addition to new brands, services, and spaces, such as the *Gourmet Experience* a [food hall](https:\/\/en.wikipedia.org\/wiki\/Food_hall \"Food hall\") with sales of gourmet products, and dining options such as seafood, Asian, Italian, Iberian specialties, hamburgers, grilled meats and fish, cheeses, skewers, fresh pastries, and fresh juices.[\\[47\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-corte-castellana-sqm-48)\n\nThe Castellana flagship location carries the most comprehensive collection of designers of any large store in Spain. Designer boutiques in the store include [Hermès](https:\/\/en.wikipedia.org\/wiki\/Herm%C3%A8s \"Hermès\"), [Louis Vuitton](https:\/\/en.wikipedia.org\/wiki\/Louis_Vuitton \"Louis Vuitton\"), [Cartier](https:\/\/en.wikipedia.org\/wiki\/Cartier_SA \"Cartier SA\"), [Armani](https:\/\/en.wikipedia.org\/wiki\/Armani \"Armani\"), [Armani Jeans](https:\/\/en.wikipedia.org\/wiki\/Armani_Jeans_\\(brand\\) \"Armani Jeans (brand)\"), [Armani Collezioni](https:\/\/en.wikipedia.org\/wiki\/Armani_Collezioni \"Armani Collezioni\"), [Gucci](https:\/\/en.wikipedia.org\/wiki\/Gucci \"Gucci\"), [Loewe](https:\/\/en.wikipedia.org\/wiki\/Loewe,_S.A. \"Loewe, S.A.\"), [Dockers](https:\/\/en.wikipedia.org\/wiki\/Dockers_\\(brand\\) \"Dockers (brand)\"), [Ralph Lauren](https:\/\/en.wikipedia.org\/wiki\/Ralph_Lauren \"Ralph Lauren\"), [Bulgari](https:\/\/en.wikipedia.org\/wiki\/Bulgari \"Bulgari\"), [Dior](https:\/\/en.wikipedia.org\/wiki\/Dior \"Dior\"), [Dior Homme](https:\/\/en.wikipedia.org\/wiki\/Dior_Homme \"Dior Homme\"), Georges Rech, [Versace](https:\/\/en.wikipedia.org\/wiki\/Versace \"Versace\"), [Hugo Boss](https:\/\/en.wikipedia.org\/wiki\/Hugo_Boss \"Hugo Boss\"), Boss Woman, [Ermenegildo Zegna](https:\/\/en.wikipedia.org\/wiki\/Ermenegildo_Zegna_Group \"Ermenegildo Zegna Group\"), [Tommy Hilfiger](https:\/\/en.wikipedia.org\/wiki\/Tommy_Hilfiger \"Tommy Hilfiger\"), [Dolce\\&Gabbana](https:\/\/en.wikipedia.org\/wiki\/Dolce%26Gabbana \"Dolce&Gabbana\"), [Burberry (men\/women)](https:\/\/en.wikipedia.org\/wiki\/Burberry \"Burberry\"), [Façonnable](https:\/\/en.wikipedia.org\/wiki\/Fa%C3%A7onnable \"Façonnable\"), [Pal Zileri](https:\/\/en.wikipedia.org\/wiki\/Pal_Zileri \"Pal Zileri\"), [Paul & Shark](https:\/\/en.wikipedia.org\/wiki\/Paul_%26_Shark \"Paul & Shark\"), [Lacoste](https:\/\/en.wikipedia.org\/wiki\/Lacoste \"Lacoste\"), Pavillon Christofle, [CH by Carolina Herrera](https:\/\/en.wikipedia.org\/wiki\/Carolina_Herrera_\\(fashion_designer\\) \"Carolina Herrera (fashion designer)\"), [Escada Sport](https:\/\/en.wikipedia.org\/wiki\/Escada \"Escada\"), [James Purdey and Sons](https:\/\/en.wikipedia.org\/wiki\/James_Purdey_and_Sons \"James Purdey and Sons\"), [Lloyd's](https:\/\/en.wikipedia.org\/wiki\/Lloyd%27s \"Lloyd's\"), Purificación García, [Calvin Klein](https:\/\/en.wikipedia.org\/wiki\/Calvin_Klein \"Calvin Klein\"), Caroll Paris, Amitie, and Episode. The store has its own brands (Emidio Tucci, Dustin).\\[*[citation needed](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Citation_needed \"Wikipedia:Citation needed\")*\\]\n\nAlso in the complex is a branch of the Madrid-based Aldeo jewelers, carrying such jewellery designers as [Boucheron](https:\/\/en.wikipedia.org\/wiki\/Boucheron \"Boucheron\"), [Blancpain](https:\/\/en.wikipedia.org\/wiki\/Blancpain \"Blancpain\") and [Hamilton](https:\/\/en.wikipedia.org\/wiki\/Hamilton_Watch_Company \"Hamilton Watch Company\").\\[*[citation needed](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Citation_needed \"Wikipedia:Citation needed\")*\\]\n\n### Preciados–Callao store\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=18 \"Edit section: Preciados–Callao store\")\\]\n\nThe Preciados–Callao store complex in the heart of Madrid consists of 4 buildings, including the original flagship Madrid stores of El Corte Inglés and Galerías Preciados:[\\[48\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-49)\n\n- [Calle de Preciados](https:\/\/en.wikipedia.org\/wiki\/Calle_de_Preciados \"Calle de Preciados\") \\#3–5, 7 stories, original flagship of the chain, opened 1945 at \\#3, expanded 1955 to \\#5[\\[49\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-50) - men's, women's and children's clothing and accessories including some sports apparel, cosmetics and fragrances, plus a café and restaurant\n- [Plaza de Callao](https:\/\/en.wikipedia.org\/wiki\/Callao_Square \"Callao Square\") \\#2. Built 1964-8, architects Antonio Perpiñá Sebriá([es](https:\/\/es.wikipedia.org\/wiki\/Antonio_Perpi%C3%B1%C3%A1_Sebri%C3%A1 \"es:Antonio Perpiñá Sebriá\")) and Luis Iglesias[\\[50\\]](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_note-51) on site of [Hotel Florida](https:\/\/en.wikipedia.org\/wiki\/Hotel_Florida_\\(Madrid\\) \"Hotel Florida (Madrid)\") as the flagship of [Galerías Preciados](https:\/\/en.wikipedia.org\/wiki\/Galer%C3%ADas_Preciados \"Galerías Preciados\") which moved from adjacent [Preciados](https:\/\/en.wikipedia.org\/wiki\/Calle_de_Preciados \"Calle de Preciados\") \\#28, now [Fnac](https:\/\/en.wikipedia.org\/wiki\/Fnac \"Fnac\"). 9 stories - home and other non-apparel departments including the *Gourmet Experience* [food hall](https:\/\/en.wikipedia.org\/wiki\/Food_hall \"Food hall\") on floor 9\n- Plaza de la [Puerta del Sol](https:\/\/en.wikipedia.org\/wiki\/Puerta_del_Sol \"Puerta del Sol\") \\#10, 4 stories - sports clothing and accessories, sporting goods\n- Calle Maestro Victoria \\#6, 1 story (pet supplies)\n\n- *El Corte Inglés* department stores, *Hipercor* hypermarkets, *Supercor* urban supermarkets\n\n|   |   |   |   |\n|---|---|---|---|\n| Clothing *Alía* *Dustin* *Easy Wear* *Emidio Tucci* (men's formalwear) *Énfasis* *Formul@ Joven* *Gloria Ortiz* (clothing, accessories) *Lloyd's* *[Sfera](https:\/\/en.wikipedia.org\/wiki\/Sfera_\\(retailer\\) \"Sfera (retailer)\")* *Yera* *Unit* | Sports apparel *Boomerang* *Runfit* (Hipercor only) Cosmetics *Línea Pura* *Oleada* *Plantea* (skin care) *Veckia* Home furnishings (only at El Corte Inglés stores) *Privium* *Urban-Chic* *Urban-Class* *Casa Actual* | Home appliances and electronics *Saivod* *Ansonic:* (only in Hipercor) *Digrato* (coffee machines\/capsules) *Inves* (software) Culture *Ámbito Cultural*: cultural events, expositions, literary prizes, cinematography, musical and painting awards, scholarships. *Cineclub*: collection of classic cinema. *Pitiflú*: children's entertainment, including storytelling, magic shows, workshops, puppet shows, children's theater and circus events. *Rubiños 1860*: bookstore. | Food *Aliada*: generic brand *Special Line*: [diet foods](https:\/\/en.wikipedia.org\/wiki\/Diet_food \"Diet food\") Telecom *Sweno* *Telecor* Cryptocurrency *Bitcor* Private security *Sicor* Other *La Tienda en Casa*: telesales via television and internet *Oralli*: travel accessories *Doblecero*: loyalty card *Primeriti*: private online sales club |\n\n- [![Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/88\/Torre_Titania_%28Madrid%29_08.jpg\/120px-Torre_Titania_%28Madrid%29_08.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Torre_Titania_\\(Madrid\\)_08.jpg \"Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)\")\n  Exterior of the flagship store at the [Torre Titania](https:\/\/en.wikipedia.org\/wiki\/Torre_Titania \"Torre Titania\") in [Castellana](https:\/\/en.wikipedia.org\/wiki\/Castellana_\\(Madrid\\) \"Castellana (Madrid)\"), [Madrid](https:\/\/en.wikipedia.org\/wiki\/Madrid \"Madrid\") (2014)\n- [![Aranda de Duero store](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b7\/El_Corte_Ingl%C3%A9s_%286033309835%29.jpg\/120px-El_Corte_Ingl%C3%A9s_%286033309835%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s_\\(6033309835\\).jpg \"Aranda de Duero store\")\n- [![Plaça Catalunya store, Barcelona](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/d3\/El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg\/120px-El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg \"Plaça Catalunya store, Barcelona\")\n- [![Córdoba store](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/d8\/El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg\/120px-El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s,_en_C%C3%B3rdoba_\\(Espa%C3%B1a\\).jpg \"Córdoba store\")\n- [![Elche (Elx) store, 2009](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/a\/a2\/Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg\/120px-Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Elche_-_Centro_Comercial_Ciudad_de_Elche_\\(El_Corte_Ingl%C3%A9s,_Hipercor\\)_09.jpg \"Elche (Elx) store, 2009\")\n  [Elche](https:\/\/en.wikipedia.org\/wiki\/Elche \"Elche\") (Elx) store, 2009\n- [![Murcia store at Christmastime 2023](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/1\/1b\/El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg\/120px-El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg \"Murcia store at Christmastime 2023\")\n  [Murcia](https:\/\/en.wikipedia.org\/wiki\/Murcia \"Murcia\") store at Christmastime 2023\n- [![Porto, Portugal store](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/b\/b1\/Oporto_%28Portugal%29_%2825643990184%29.jpg\/120px-Oporto_%28Portugal%29_%2825643990184%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Oporto_\\(Portugal\\)_\\(25643990184\\).jpg \"Porto, Portugal store\")\n- [![The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/a\/a8\/Hipercor_Xanadu.jpg\/120px-Hipercor_Xanadu.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Hipercor_Xanadu.jpg \"The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area\")\n  The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area\n\n1. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-2)** Spanish pronunciation: [\\[el ˈkoɾte jŋˈɡles\\]](https:\/\/en.wikipedia.org\/wiki\/Help:IPA\/Spanish \"Help:IPA\/Spanish\"); Spanish for \"the English Cut\" (as in \"the English style of dressmaking\")\n\n1. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-Corporate_Information_1-0)**\n   [\"Corporate Information\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/en\/). Retrieved 31 January 2019.\n2. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-3)**\n   [\"El Corte Inglés\"](https:\/\/www.iads.org\/web\/home-public\/2310-el-corte-ingles.php). *www.iads.org*. Retrieved 22 April 2021.\n3. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-4)**\n   [\"News releases - www.stockmanngroup.com\"](http:\/\/www.stockmanngroup.com\/en\/news-releases\/-\/stock\/showDisclosure\/93093\/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA). *www.stockmanngroup.com*. Retrieved 20 June 2021.\n4. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-5)** \"[Home](http:\/\/www.elcorteinglescorporativo.es\/elcorteinglescorporativo\/elcorteinglescorporativo\/cambiarIdioma.do?LANG=en).\" El Corte Inglés Corporate. Retrieved on 17 December 2010. \"El Corte Inglés, S.A. Hermosilla, 112. 28009 Madrid.\"\n5. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-6)**\n   [\"El Corte Inglés rises to the world podium of department stores\"](https:\/\/www.abc.es\/economia\/abci-corte-ingles-sube-podio-mundial-grandes-almacenes-201808290103_noticia.html). 29 August 2018. Retrieved 31 January 2019.\n6. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-7)**\n   [\"DGAP-Media: JAXX subsidiary Serviapuestas signs exclusive deal with Europe's largest retail group El Corte Inglés\"](http:\/\/www.finanznachrichten.de\/nachrichten-2010-11\/18550065-dgap-media-jaxx-subsidiary-serviapuestas-signs-exclusive-deal-with-europe-s-largest-retail-group-el-corte-ingles-015.htm). Retrieved 3 June 2017.\n7. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-8)**\n   González, Aníbal (9 March 2007). [\"La rebelión de la familia Areces contra Isidoro Alvarez aboca a El Corte Inglés a salir a Bolsa\"](https:\/\/www.elconfidencial.com\/mercados\/2007-03-09\/la-rebelion-de-la-familia-areces-contra-isidoro-alvarez-aboca-a-el-corte-ingles-a-salir-a-bolsa_843099\/). *elconfidencial.com* (in Spanish). Retrieved 30 June 2022.\n8. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-9)**\n   [\"La idea de un nuevo negocio\"](https:\/\/web.archive.org\/web\/20130521164949\/http:\/\/www.ceccadiz.org\/portalcomun\/pymes\/creacion_empresa\/pdfs\/Manual%20CG\/MODULO%201.PDF) (PDF) (in Spanish). ceccadiz.org. Archived from [the original](http:\/\/www.ceccadiz.org\/portalcomun\/pymes\/creacion_empresa\/pdfs\/Manual%20CG\/MODULO%201.PDF) (PDF) on 21 May 2013. Retrieved 10 December 2024.\n9. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-10)**\n   [\"Los grandes almacenes pierden en España su carácter de negocio familiar\"](https:\/\/elpais.com\/diario\/1981\/07\/12\/economia\/363736813_850215.html). *El País* (in Spanish). 11 July 1981. [ISSN](https:\/\/en.wikipedia.org\/wiki\/ISSN_\\(identifier\\) \"ISSN (identifier)\") [1134-6582](https:\/\/search.worldcat.org\/issn\/1134-6582). Retrieved 30 June 2022.\n10. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-11)**\n    [\"Isidoro Álvarez asume la presidencia de El Corte Inglés y de la Fundación Ramón Areces\"](http:\/\/elpais.com\/diario\/1989\/08\/02\/economia\/618012006_850215.html). *El País*. 2 August 1989. Retrieved 3 June 2017.\n11. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-12)**\n    Ruano, Carlos (8 October 2013). [\"Spain's Santander to buy 51 percent of El Corte Inglés finance arm\"](https:\/\/www.reuters.com\/article\/us-santander-elcorteingles-idUSBRE9960EX20131007). Reuters.\n12. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-13)**\n    [\"El Corte Inglés cierra en el centro de Barcelona: baja la persiana en Plaza Cataluña\"](https:\/\/www.modaes.com\/empresa\/el-corte-ingles-cierra-en-plaza-cataluna). *www.modaes.com* (in Spanish). Retrieved 30 June 2022.\n13. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-14)**\n    Group, IT Digital Media (27 November 2019). [\"El Corte Inglés vende IECISA a GFI por más de 300 millones de euros \\| Actualidad\"](https:\/\/www.ituser.es\/actualidad\/2019\/11\/el-corte-ingles-vende-iecisa-a-gfi-por-mas-de-300-millones-de-euros). *IT User* (in Spanish). Retrieved 30 June 2022.\n14. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-15)**\n    DÍAS, CINCO (14 July 2020). [\"El Corte Inglés compra la empresa de seguridad Mega 2 para diversificar negocios\"](https:\/\/cincodias.elpais.com\/cincodias\/2020\/07\/14\/companias\/1594726305_154624.html). *Cinco Días* (in Spanish). Retrieved 11 May 2022.\n15. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-16)**\n    [\"El fin del sueño californiano golpea a El Corte Inglés \\| soitu.es\"](http:\/\/www.soitu.es\/soitu\/2009\/07\/13\/actualidad\/1247439719_844752.html). *www.soitu.es*. Retrieved 30 June 2022.\n16. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-17)**\n    [\"El Corte Inglés - información corporativa\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/elcorteinglescorporativo\/portal.do?IDM=160&NM=3). *www.elcorteingles.es*. Retrieved 3 June 2017.\n17. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-18)**\n    Press, Europa (30 September 2020). [\"El Corte Inglés materializa este jueves la absorción de Sfera\"](https:\/\/www.europapress.es\/economia\/noticia-corte-ingles-materializa-jueves-absorcion-sfera-20200930102832.html) \\[El Corte Inglés materializes this Thursday the absorption of Sfera\\]. *www.europapress.es*. Retrieved 10 December 2023.\n18. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-ar2022_19-0)**\n    [Non-financial statement 2022](https:\/\/www.elcorteingles.es\/recursos\/informacioncorporativa\/doc\/portal\/2023\/07\/24\/informe-no-financiero-en72883.pdf) (PDF) (Report). El Corte Inglés S.A. 2022. pp. 24–26. Retrieved 10 December 2023.\n19. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-20)**\n    [\"Quiénes somos - Financiera El Corte Inglés\"](https:\/\/www.financieraelcorteingles.es\/es\/corporativas\/quienes-somos\/). *www.financieraelcorteingles.es*. Retrieved 2 July 2022.\n20. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-21)**\n    Ropero, Javier García (12 August 2020). [\"El Corte Inglés culmina la adquisición de Mega-2 integrándola en Parinver\"](https:\/\/cincodias.elpais.com\/cincodias\/2020\/08\/11\/companias\/1597173179_596365.html). *Cinco Días* (in Spanish). Retrieved 2 July 2022.\n21. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-22)**\n    [\"Amazon lidera el ecommerce en España, con una facturación de 871 MM€ en 2016; El Corte Inglés segundo con 651 MM€ - Ecommerce News\"](https:\/\/web.archive.org\/web\/20200224175536\/https:\/\/ecommerce-news.es\/amazon-ecommerce-el-corte-ingles-facturacion-57957). 24 February 2020. Archived from [the original](https:\/\/ecommerce-news.es\/amazon-ecommerce-el-corte-ingles-facturacion-57957) on 24 February 2020. Retrieved 2 July 2022.\n22. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-23)**\n    [\"Así aborda El Corte Inglés el reto del \"e-commerce\"\"](https:\/\/www.expansion.com\/economia-digital\/protagonistas\/2016\/11\/10\/582338c3ca474166618b4575.html). *Expansión.com* (in Spanish). 10 November 2016. Retrieved 2 July 2022.\n23. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-24)**\n    [\"Global Powers of Retailing 2022\"](https:\/\/www2.deloitte.com\/global\/en\/pages\/consumer-business\/articles\/global-powers-of-retailing.html). *Deloitte*. Retrieved 1 July 2022.\n24. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-25)**\n    Semana (19 September 2008). [\"El poder de las Empresas Familiares en el Mundo\"](https:\/\/www.semana.com\/opinion\/opinion-on-line\/articulo\/el-poder-empresas-familiares-mundo\/68415\/). *Semana.com Últimas Noticias de Colombia y el Mundo* (in Spanish). Retrieved 1 July 2022.\n25. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-26)**\n    perpe (27 August 2012). [\"Ventas y beneficios de El Corte Inglés\"](https:\/\/www.perpe.es\/2012\/08\/27\/wc3512\/). *Perpe*. Retrieved 1 July 2022.\n26. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-27)**\n    [\"Información Corporativa Grupo El Corte Inglés, 19\/06\/2020\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/). Retrieved 19 June 2020.\n27. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-prensa.elcorteinglescorporativo_1_28-0)**\n    El Corte Inglés (Spain) (ed.). [\"El Corte Inglés (corporate information)\"](https:\/\/web.archive.org\/web\/20141016052111\/http:\/\/prensa.elcorteinglescorporativo.es\/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10). Archived from [the original](http:\/\/prensa.elcorteinglescorporativo.es\/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10) on 16 October 2014. Retrieved 6 June 2020.\n28. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-29)**\n    [\"El Corte Inglés will resist any IPO moves -sources\"](https:\/\/web.archive.org\/web\/20140808062019\/http:\/\/www.reuters.com\/article\/2007\/07\/05\/idUSL057819020070705). *[Reuters](https:\/\/en.wikipedia.org\/wiki\/Reuters \"Reuters\")*. 8 August 2014. Archived from [the original](http:\/\/www.reuters.com\/article\/2007\/07\/05\/idUSL057819020070705) on 8 August 2014. Retrieved 1 July 2022.\n29. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-30)**\n    Ugalde, Ruth (16 September 2014). [\"Isidoro Álvarez deja una herencia de 1.500 millones en acciones de El Corte Inglés\"](https:\/\/www.elconfidencial.com\/empresas\/2014-09-16\/isidoro-alvarez-deja-una-herencia-de-1-500-millones-en-acciones-de-el-corte-ingles_196740\/). *elconfidencial.com* (in Spanish). Retrieved 1 July 2022.\n30. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-31)**\n    [\"El Corte Inglés tendrá dos consejeros delegados, Del Pozo y Nuño de la Rosa\"](https:\/\/www.lavanguardia.com\/vida\/20171023\/432303349051\/el-corte-ingles-tendra-dos-consejeros-delegados-del-pozo-y-nuno-de-la-rosa.html). *La Vanguardia* (in Spanish). 23 October 2017. Retrieved 1 July 2022.\n31. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-32)**\n    [\"La juez condena a El Corte Inglés a pagar a César Areces 98,5 millones por sus acciones\"](https:\/\/elpais.com\/economia\/2007\/04\/17\/actualidad\/1176795182_850215.html). *El País* (in Spanish). 17 April 2007. [ISSN](https:\/\/en.wikipedia.org\/wiki\/ISSN_\\(identifier\\) \"ISSN (identifier)\") [1134-6582](https:\/\/search.worldcat.org\/issn\/1134-6582). Retrieved 1 July 2022.\n32. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-33)**\n    [\"Consejo de Administración\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/gobierno-corporativo\/consejo-de-administracion\/). *El Corte Inglés*. Retrieved 2 July 2022.\n33. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-34)**\n    [\"Marta Álvarez, elegida nueva presidenta de El Corte Inglés por unanimidad\"](https:\/\/www.abc.es\/economia\/abci-marta-alvarez-nueva-presidenta-corte-ingles-unanimidad-201907101506_noticia.html). *abc* (in Spanish). 10 July 2019. Retrieved 2 July 2022.\n34. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-35)**\n    [\"Compromisos con el cliente\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/quienes-somos\/el-corte-ingles-de-un-vistazo\/compromisos-con-el-cliente\/). *El Corte Inglés*. Retrieved 2 July 2022.\n35. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-36)**\n    elEconomista.es. [\"El corte inglés empleaba a 99.323 personas en 2011, frente a las 102.699 de 2010 - elEconomista.es\"](https:\/\/www.eleconomista.es\/economia\/noticias\/4205552\/08\/12\/El-corte-ingles-empleaba-a-99323-personas-en-2011-frente-a-las-102699-de-2010.html). *www.eleconomista.es* (in Spanish). Retrieved 3 July 2022.\n36. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-37)**\n    Requena, A. (3 June 2013). [\"El Corte Inglés, condenado por discriminación salarial a sus trabajadoras\"](https:\/\/www.eldiario.es\/economia\/corte-ingles-condenado-discriminacion-salarial_1_5699027.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022.\n37. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-38)**\n    elDiariocv (13 September 2014). [\"CCOO denuncia persecución sindical en El Corte Inglés\"](https:\/\/www.eldiario.es\/comunitat-valenciana\/ccoo-denuncia-persecucion-corte-ingles_1_4652944.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022.\n38. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-39)**\n    [\"Explotación en El Corte Inglés: Atreverse a luchar, atreverse a vencer – Rebelion\"](https:\/\/rebelion.org\/explotacion-en-el-corte-ingles-atreverse-a-luchar-atreverse-a-vencer\/) (in Spanish). Retrieved 3 July 2022.\n39. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-40)**\n    [\"SNet: INDITEX (Zara), MANGO, CORTEFIEL e INDUYCO-EL CORTE INGLÉS, DENUNCIADAS por EXPLOTACIÓN LABORAL en el TERCER MUNDO\"](https:\/\/web.archive.org\/web\/20220703163625\/https:\/\/antigua.solidaridad.net\/noticia\/1166\/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t). *antigua.solidaridad.net*. Archived from [the original](https:\/\/antigua.solidaridad.net\/noticia\/1166\/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t) on 3 July 2022. Retrieved 3 July 2022.\n40. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-41)**\n    [\"SNet: El Corte Inglés controla más del 90% de los grandes almacenes y subcontrata en Tanger con salarios de miseria\"](https:\/\/web.archive.org\/web\/20221003164412\/https:\/\/antigua.solidaridad.net\/noticia\/3634\/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de). *antigua.solidaridad.net*. Archived from [the original](https:\/\/antigua.solidaridad.net\/noticia\/3634\/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de) on 3 October 2022. Retrieved 3 July 2022.\n41. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-42)**\n    [\"SNet: INDITEX (Zara), El Corte Inglés Y MAYORAL ACUSADAS de COMPLICIDAD en la VIOLACIÓN de DERECHOS HUMANOS y LABORALES en MARRUECOS\"](https:\/\/web.archive.org\/web\/20220703163621\/https:\/\/antigua.solidaridad.net\/noticia\/953\/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos). *antigua.solidaridad.net*. Archived from [the original](https:\/\/antigua.solidaridad.net\/noticia\/953\/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos) on 3 July 2022. Retrieved 3 July 2022.\n42. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-43)**\n    [\"El Corte Inglés integra a Induyco \\| CondeNast - Profesional\"](https:\/\/web.archive.org\/web\/20101018025450\/http:\/\/www.condenast-profesional.es\/articulos\/el-corte-ingles-integra-a-induyco\/9570). 18 October 2010. Archived from [the original](http:\/\/www.condenast-profesional.es\/articulos\/el-corte-ingles-integra-a-induyco\/9570) on 18 October 2010. Retrieved 4 July 2022.\n43. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-44)**\n    *Luchas Autonomos en la Transicion Democratica* (in Spanish). Madrid, Spain: Promocion del Pueblo. 1977.\n44. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-45)**\n    Redacción (28 February 2012). [\"InfoAdex: El Corte Inglés y P\\&G, los principales anunciantes en España en 2011\"](https:\/\/www.marketingdirecto.com\/marketing-general\/publicidad\/infoadex-el-corte-ingles-y-pg-los-principales-anunciantes-en-espana-en-2011). *Marketing Directo* (in Spanish). Retrieved 4 July 2022.\n45. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-46)**\n    [\"Los compradores estrenan la antigua torre Windsor\"](https:\/\/elpais.com\/diario\/2011\/01\/17\/madrid\/1295267055_850215.html) \\[The buyers unveil the old Windsor Tower\\]. *El País* (in Spanish). 17 January 2011. Retrieved 10 December 2023.\n46. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-47)**\n    [\"El Corte Inglés abre su \"buque insignia\" de Castellana, con una inversión de más de 300 millones\"](https:\/\/www.telemadrid.es\/noticias\/madrid\/Corte-Ingles-insignia-Castellana-inversion-0-1294970492--20111027082920.html) \\[El Corte Inglés opens its \"flagship\" of Castellana, with an investment of more than 300 million\\]. *Telemadrid* (in Spanish). 27 October 2011. Retrieved 10 December 2023.\n47. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-corte-castellana-sqm_48-0)**\n    [\"El Corte Inglés de Castellana se sitúa a la cabeza de la innovación con nuevos espacios y conceptos\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/comunicacion\/notas-de-prensa\/el-corte-ingles-de-castellana-se-situa-a-la-cabeza-de-la-innovacion-con-nuevos-espacios-y-conceptos.html) \\[El Corte Inglés Castellana Store at Head of Innovation with its New Spaces and Concepts\\]. *El Corte Inglés* (in European Spanish). 26 October 2011. Retrieved 10 December 2023.\n48. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-49)**\n    [\"Departamentos en El Corte Inglés Preciados–Callao\"](https:\/\/www.elcorteingles.es\/centroscomerciales\/es\/eci\/centros\/centro-comercial-preciados-callao\/departamentos\/por_plantas). *El Corte Inglés*. Retrieved 7 January 2024.\n49. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-50)**\n    [\"Historia del Grupo\"](https:\/\/www.elcorteingles.es\/informacioncorporativa\/es\/quienes-somos\/historia-del-grupo\/) \\[History of the Group\\]. *El Corte Inglés*. Retrieved 7 January 2024.\n50. **[^](https:\/\/en.wikipedia.org\/wiki\/El_Corte_Ingl%C3%A9s#cite_ref-51)**\n    Capitel, Antón (18 August 2019). [\"La Gran Vía de Madrid. Breve biografía crítica de una gran calle (IV)\"](https:\/\/veredes.es\/blog\/la-gran-via-madrid-breve-biografia-critica-una-gran-calle-iv-anton-capitel\/) \\[The Gran Vía of Madrid. Brief critical biography of a great street (IV)\\]. *Veredes, arquitectura y divulgación* (in Spanish). Retrieved 7 January 2024.\n\n- [Official website](https:\/\/www.elcorteingles.com\/en\/)","meta_canonical":null,"ml_categories_json":"{\"\/Shopping\":939,\"\/Shopping\/Mass_Merchants_and_Department_Stores\":918,\"\/Business_and_Industrial\":251,\"\/Business_and_Industrial\/Retail_Trade\":251,\"\/Business_and_Industrial\/Retail_Trade\/Retail_Equipment_and_Technology\":173}","ml_types_json":"{\"\/Article\":993,\"\/Article\/Wiki\":868}","ml_intent_types_json":"{\"Informational\":996}","meta_language":"en","attrs_author":null,"attrs_publish_time":0,"attrs_original_publish_time":1410746136,"attrs_is_republished":0,"attrs_nr_words":"6394","attrs_boilerpipe_nr_words":"5754","body_ext_links_number":100,"body_int_links_number":324,"meta_nofollow":0,"meta_noarchive":0,"props_was_rendered":0,"src_redirect":"","download_time_msec":44,"download_ttfb_msec":29,"download_size":47631}

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El Corte Inglés, S.A. Exterior of the store in Marbella (2019) Company type Sociedad Anónima Industry Retail Genre Department stores Founded 28 June 1940 ; 85 years ago in Madrid , Spain Founders Ramón Areces César Rodríguez Headquarters Madrid, Spain Number of locations 83 (2023) Areas served Spain Portugal Key people Victor del Pozo (chairman) Marta Álvarez Guil (president) Products Clothing footwear accessories bedding furniture jewelry beauty products housewares Revenue €15.783 billion (2018) Net income €258 million (2018) Number of employees 90,004 (2018) Subsidiaries Hipercor Bricor Supercor Opencor Viajes El Corte Inglés Informática El Corte Inglés Website elcorteingles .es Footnotes / references [ 1 ] El Corte Inglés S.A. [ a ] is a Spanish department store chain founded in 1940 by Ramón Areces and César Rodríguez. It is the last such remaining in Spain and Portugal , and has been a member of the International Association of Department Stores since 1998. [ 2 ] [ 3 ] It is the largest department store group in Europe, [ 4 ] and the third-largest in the world. [ 5 ] [ 6 ] [ 7 ] In 1934, the founders Ramón Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor's shop (which began in 1890) located on one of Madrid 's central streets, calle Preciados , at the corner of calle Carmen and calle Rompelanzas. They made it into a limited company . The property where the shop was located had been owned by Julián Gordo Centenera since 1930. [ 8 ] The prime location of the property soon attracted the attention of an Asturian businessman, Pepin Fernandez, who was looking to expand a business called Sederias Carretas which he had started in 1934 with a capital contribution from his cousin Cesar Rodriguez Gonzales. His plan was to purchase all of the properties on the block to construct a new building to house his business, a vision which was later realized in the form of Galerias Preciados . [ 9 ] Around 1920, at 15, Areces had gone to Havana , Cuba , and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. Cesar Rodriguez had asked Pepin Fernandez to hire his nephew Ramon Areces in Sederias Carretas shortly after his return from Cuba. Pepin refused, so Cesar requested that he at least allow Ramon to operate El Corte Inglés while plans to acquire the block and construct the new building were finalized. Pepin, who had also learned the department store business at Almacenes El Encanto , accepted the request, and transferred ownership of El Corte Inglés to Cesar on 23 December 1935, and acquired the property where it was located on behalf of Sederias Carretas soon after. Once Cesar took ownership of El Corte Inglés, he designated Ramon Areces as manager, a position which he held until his death, including during the Spanish civil war . When the war ended in 1939, El Corte Inglés moved to calle Preciados , on the corner of calle Tetuan , near the location of Almacenes el Aguila , to make way for the new Galerias Preciados building. In 1940, Areces turned the tailor's shop into a sociedad limitada , registering with 1 million pesetas of capital and shares divided equally between Cesar Rodriguez, who became the first president of El Corte Inglés S.L., and Ramon Areces, whose share of the capital contribution came from a loan facilitated by his uncle. As the business expanded, eventually Cesar Rodriguez became the majority shareholder, although Areces remained in charge of strategic decisions and the day-to-day operations of the business. In 1945 and 1946, El Corte Inglés acquired its new building and expanded to encompass 2,000 square meters of retail space on 5 floors, and shifted to a department store organizational style similar to that of Galerias Preciados, which had been operational since 1943. The company saw continuous growth until 1952, when it converted its legal structure from a sociedad limitada to a sociedad anónima in which Cesar Rodriguez remained president and majority shareholder, a position which he held until his death in 1966. After this, Ramon Areces, who until then had been managing director, became the president and largest shareholder. The competition between El Corte Inglés and Galerias Preciados in the 1950s and 60's caused a revolution in Spanish retail distribution. Seasonal discounts, organized ad campaigns , air conditioned stores, massive use of publicity, large scale use of display windows , customer loyalty cards , point of sale data collection, and more. The expansion of El Corte Inglés began in 1962 with the opening of its second department store in Barcelona , and expansion continues until the present. Expansion also diversified into other formats including Hipercor , first introduced in Seville in 1980. In 1969, the company started to branch out of the retail sector, first opening a travel agency , Viajes El Corte Inglés, in 1969, followed by a telecom and computing equipment wholesaler, Investronica, in 1980, and an IT services and software development company, Informática El Corte Inglés (IECISA), in 1986. After Areces died in 1989, his nephew Isidoro Álvarez became his successor and continued to expand the business while emphasizing self-reliant financing methods, opaque management techniques, and careful investment. In 1995, El Corte Inglés bought out Galerías Preciados, which was its only serious competitor. Galerias Preciados had entered bankruptcy. [ 10 ] In addition to acquiring its arch-rival, El Corte Inglés purchased all of the Marks & Spencer stores in the Iberian peninsula in 2001. El Corte Inglés entered into a partnership with Repsol in 1998, through which El Corte Inglés would operate convenience stores at Repsol fuel stations . These stores were initially known as Repsol-Supercor, or Repsol-Opencor after 2008, while those not attached to fuel stations were called Opencor. In 2001, El Corte Inglés opened a retail fashion outlet called Sfera. Its first big-box store , Bricor, specializing in home decor and DIY supplies, opened in 2006. In October 2013, the firm sold a 51% stake in the financing department to the Spanish banking group Grupo Santander for around €140 million. [ 11 ] From 2014 to 2018 the CEO of the company was Dimas Gimeno . In March 2018, El Corte Inglés closed its store on La Rambla of Barcelona . [ 12 ] In 2019, El Corte Inglés sold IECISA to GFI for €300 million. [ 13 ] In June 2020, El Corte Inglés bought the private security and services company MEGA 2 for 28 million euros. [ 14 ] International expansion [ edit ] The first attempts at international expansion happened in 1981 with the acquisition of the Harris Company , a chain of mid-sized department stores in the United States . The venture was unsuccessful, and in 1998 El Corte Inglés made a deal with Gottschalks , an American department store chain. Gottschalks took over management of the Harris Company's stores and gave El Corte Inglés 16% of Harris Company stock. It turned out to be a total loss later, when Gottschalks declared bankruptcy in the aftermath of the 2008 financial crisis . [ 15 ] That experience led to the company taking a much more conservative approach with its 2001 expansion in Portugal, with a store in Lisbon , followed in 2006 with a store in Vila Nova de Gaia , opposite the city of Porto . In 2006, just as it opened its second store outside of Spain (in Vila Nova de Gaia ), the company announced expansion outside the Iberian Peninsula: Italy was to be the first country to host a store, but owing to the ongoing Eurozone crisis, the plan was suspended, as well as the opening of the third store in Portugal. [ 16 ] Various food products bearing the El Corte Inglés brand are marketed in Latin American stores. The business group is divided into the following areas of activity, which are usually commercially configured as companies whose shareholding belongs in its entirety or overwhelmingly majority to El Corte Inglés S.A .: El Corte Inglés S.A. The parent company, dedicated to distribution through department stores. This was the main activity of the company since its inception. In 2010 it still accounted for 59% of total revenues and about 63.7% of net profit. As of 28 February 2013, El Corte Inglés has 86 centres, 84 in Spain and 2 in Portugal. Hipercor . Chain of hypermarkets dedicated to the distribution of food and household appliances. Hipercor was a response to the entry of French capital into the Spanish market in the 1980s, including Alcampo , Pryca and Continente, with the latter two merging and now operating under the Carrefour brand. As of 28 February 2013, Hipercor has 42 centres in Spain. Bricor. Home improvement and home decor retailer. Bricor was a response to the consolidation of the sector by the Adeo group, which was formed from the Auchan group, which owned Alcampo, among other interests. The Auchan group also owns the Leroy Merlin , Aki and Bricomart brands in Spain. As of 28 February 2013, Bricor had 16 stores: 14 in Spain and 2 in Portugal. Supercor / Supercor Exprés. Supermarket and convenience store chain. Supercor emerged to compete with mid-sized local grocery stores at the end of the 1990s, such as Caprabo , Eroski , and Mercadona . Supercor Express is a smaller sized convenience store format which was adopted by the company in 2011. The sum total of convenience stores, including Supercor, Supercor Express, and Opencor was 238 as of 28 February 2013. Sfera . Fashion retailer stores group. over as of the end of 2022, 490 points of sale - mostly freestanding stores - owned and franchised, including 75 stores-in-store within El Corte Inglés department stores in Spain and Portugal. Sales in fiscal 2020 were 461 million euro. [ 17 ] There are stores (as of December 2022) in: [ 18 ] It was conceived as a response to chains like H&M , and the Spanish brands Mango , Zara , and Springfield, the latter two of which belong to Inditex and Cortefiel respectively. IT and communications [ edit ] In the IT and communications fields, El Corte Inglés has three subsidiaries, which are listed in order of establishment: Informática El Corte Inglés (IECISA). Dedicated to IT consulting , software development and computing services. Investrónica. Consumer computing and telephony wholesaler, and former computer manufacturer under the Inves brand. Integrated in IECISA from 2015. Telecor. Telecommunications services for consumers and businesses. In the service sector, the El Corte Inglés group owns: Viajes El Corte Inglés . Travel agency group from a wholesale and retail point of view. As travel agency it has 599 branches worldwide, 506 of which are in Spain and 93 abroad. Seguros El Corte Inglés (CESS). Insurance company dedicated to insurance brokerage and financial and real estate mediation. It has 105 branches, most of which are located in the El Corte Inglés department stores, although some are dedicated Seguros El Corte Inglés storefronts. Financiera El Corte Inglés. A consumer credit company that finances purchases for customers and distributes the El Corte Inglés shopping card. Present in Spain and Portugal. 51% of the capital of Financiera El Corte Inglés belongs to Banco Santander as of 2014. [ 19 ] MEGA 2. A security and terciary service company present in Spain and Portugal. Grupo Sicor. Provision of services related to physical and digital security, integral services, cleaning and maintenance, logistics, and employment. Sweno. A telecomm company. Sweno Energia. A residential and commercial electrical utility. Bitcor. A cryptocurrency company. Auxiliary businesses [ edit ] El Corte Inglés owns 100% of a number of businesses auxiliary to their main business functions, unless otherwise noted. Industrias y Confecciones S.A. (INDUYCO). Integrated into the group in 2010. Ason Inmobiliaria de Arriendos S.L. A real estate and rental management company. Construcciones, Promociones e Instalaciones S.A. A construction and renovation company. Editorial Universitaria Ramón Areces S.A. A publisher of text books for Spanish universities. Tourmodial Operadores S.A. A travel services company. Parinver S.A. (75.83%). A holding company which owns some hotel groups and other businesses. [ 20 ] The company has partial ownership in other businesses: 50% of Gestion de Puntos de Venta S.A. (GESPEVESA) which manages Opencor stores at Repsol fuel stations. 50% of Sephora Cosmeticos España S. L. 6.15% of Euroforum Escorial S.A., a training and corporate events company. 4,36 % of Parque Temático de Madrid S.A. which operates Parque Warner Madrid . 1.7% of IAG . El Corte Inglés' website was the largest in terms of the number of its customers in Spain, with 3.7 million customers in 2011. In 2013, 3.5 million customers and 137 million visits were registered. In December 2016 they reached their monthly peak, with more than 14 million unique users and more than 30 million visits to www.elcorteingles.es, increasing to 32 million in January 2017, becoming the most visited Spanish commercial website in Spain. It was the second most visited ecommerce website in Spain in 2017, behind Amazon.com . [ 21 ] Since 1999 its General Director of Electronic Commerce and Distance Sales Division is Ricardo Goizueta Sagues and the Digital Director or Chief Digital Officer (CDO) is, since 2012, José María Fernández Ortega. [ 22 ] According to Deloitte 's report on "Global Powers of Retailing," El Corte Inglés ranked 97th in 2020, down 27 places from 2019, when it ranked 69th. This made it the 3rd largest retailer by volume in Spain, behind Inditex and Mercadona . Total retail revenue in 2020 amount to €12,077 million. [ 23 ] As of 2008, it was the second largest family business in Spain, and the 66th largest in the world. [ 24 ] The company's retail revenue and net profit both increased continuously until 2007, when they began to drop. The company has not since returned to its 2007 peak of revenue, which was close to €18,000 million, with €747.6 million net profits. [ 25 ] Since then, both revenue and profits declined until 2015, and then increased until 2019. [ 26 ] [ 27 ] Although the company is known for jealously guarding its privacy, [ 28 ] numerous statements have indicated that the Ramón Areces Foundation is the biggest shareholder, with 37% of the company's shares willed to the foundation by its founder. [ 29 ] Isidoro Alvarez controls these shares as president of the foundation, together with his own shares, which are believed to be somewhere between 15 and 27% of total shares, making him the largest shareholder. Cartera de Valores IASA is the second biggest shareholder, with 22% of shares. [ 30 ] Approximately 9% of shares are owned by the children of Luis Areces, Ramon Areces' brother, via the Corporacion Ceslar . Equal parts of approximately 3% of the shares, were divided between the four brothers of the Areces Fuentes brothers, sons of Ramon Areces' other brother Celestino. The brothers acquired these shares through inheritance after the liquidation of the holding company. After a lengthy legal conflict, however, they sold their shares to El Corte Inglés. [ 31 ] Ingondel S.L. which held 6% of El Corte Inglés' capital, was property of descendants of César Rodríguez. It was acquired in 2009. A 7% share is in the hands of Cartera Mancor, S.L., which is also made up of the descendants of César Rodríguez, by way of Paloma García Peña. Approximately 3% is held by other members of the administrative council, and the remainder is divided between the treasure and some 3000 directors and executives of the company. It is presumed that these shareholders are always employees while they hold shares, since there are restrictions on the transfer of shares. The administrative council of El Corte Inglés is composed of the following individuals: [ 32 ] Marta Álvarez Guil. elected president 11 July 2019. [ 33 ] Cristina Álvarez Guil. Jesús Nuño de la Rosa y Coloma. Fernando Becker Zuazua. Manuel Pizarro Moreno . Víctor del Pozo Gil. Hamad bin Jassem bin Jabr Al Thani , represented by Shahzad Shahbaz. Cartera Mancor, S.L, represented by Paloma García Peña. Corporación Ceslar, represented by Ana Carlota Areces Galán. Antonio Hernández-Gil (secretary). Juan Moral-de la Rosa (vice-secretary) Like Galerias Preciados in its time, El Corte Inglés' business model was based on introducing American style department stores to Spain during a period where Spain was emerging from economic isolation and autarky . As such, its business model revolved around the idea of a store where customer could buy everything, hence its slogan "The store for all your shopping" ( La tienda de todas tus compras). Stores aimed not only to offer a wide variety of articles, but also goods of different levels of quality, with goods divided into departments with additional services such as home deliveries, wedding lists, repairs included in sale price, etc., as well as satisfaction and quality assurances through money-back guarantees . This model depends on the performance of the following actors: The company's main business model has remained constant until the present. Its social and corporate responsibility documents emphasize five pillars of commitment to the customers: quality, service, assortment, specialization, and guarantees. [ 34 ] This approach has been used to build customer loyalty . In the food department, the company has launched a generic brand called Aliada. The El Corte Inglés shopping card is a credit card which was introduced in 1968, and is one of the most popular in Spain, with 11.58 million active cards in Spain in 2017. Card holders have a one-month grace period to pay off the balance of their card, with an option to defer payment for up to three months without interest, although administrative fees apply. Payment can also be deferred with low interest payments for up to 36 months. The card also grants holders the right to at least 2 hours free parking in store parking garages , and allows the purchase of any product sold in El Corte Inglés centers. Since 2006, the card can also be used to pay for fuel at Repsol fuel stations. In 2011, the company's workforce was made up of 99,323 employees, down from 102,699 the previous year. [ 35 ] 93% of those had long-term contracts, and 71% were full-time. The median age of employees was 39 years, with 13 years of experience. 37% of total employees were male compared to 63% female, although in management males outnumbered females. Annual reports indicated that in 2012, the total number of employees further declined to 96,678, 94% of whom were full time, and 64% of whom were female. The relationship between El Corte Inglés and its employees has traditionally been formal, familiar, and paternalistic, with the company trying to establish feedback between the company and its employees. The company provides training and educational assistance, financial services, and discounts or financing for purchasing goods and services. The company has received criticism for discriminating against women, [ 36 ] harassment of labor unions , [ 37 ] is directly implicated in exploitative labor practices. [ 38 ] In the majority of the company's locations, union elections are won by Fetico or FASGA, a national retail union accused of being a yellow union by the UGT and CCOO . Some companies in the El Corte Inglés group, such as Induyco, have been criticized by groups like Oxfam for issues of precarious work and exploitation of textile workers in third world countries. [ 39 ] [ 40 ] [ 41 ] The company has pursued vertical integration since early on, especially with textiles, when Ramon Areces and other shareholders founded Induyco in 1949, and which became a sociedad anonimo in 1955. Induyco, in spite of having a non-proprietary relationship with El Corte Inglés, initially had El Corte Inglés as its exclusive wholesale client, and its employees were offered benefits as if they belonged to the same group. Later, Induyco still had El Corte Inglés as its majority client, although the relationship was no longer exclusive, though its share structure remained the same, and Isidoro Alvarez was the president. In 2010 El Corte Inglés integrated Induyco into its corporate structure, and in 2012 it ceased activities. [ 42 ] In the field of texties, in addition to Induyco, the company created Confecciones Teruel in 1975 and Industrias del Vestido in 1976. Both companies got the majority of their capital from the Induyco group which itself was part of Investronica and Invesgen . Its creation was motivated by labor conflicts which occurred at Induyco during those years. [ 43 ] In the field of supplying special materials for sale, the company created Mostoles Industrial in the same way as Induyco. Mostoles Industrial , unlike Induyco, retained El Corte Inglés as its exclusive customer while having a non-proprietary relationship with it. Mostoles is most well known for its production of kitchen furniture for the "Forlady" brand. On the side of real estate development, the company created Construcción, Promociones e Instalaciones S.A. in 1976, whose capital is derived in its entirety from the El Corte Inglés group, and which is responsible for the construction of new stores and renovation of existing ones. Publicity and advertising [ edit ] El Corte Inglés has one of the biggest advertising budgets in Spain. In 2011, the group was the biggest advertiser in Spain, with an investment of 171.3 million euros, and as an individual El Corte Inglés itself was the third biggest, with a budget of 99.8 million euros. [ 44 ] The company periodically conducts large publicity campaigns like Semana Fanstisca (Fantasic Week) and the Ocho Dias de Oro (the Eight Golden Days) by announcing discounts on its products. On the Christmas holiday, it organizes an animation spectacle called "Cortylandia" in its main stores. Furthermore, part of El Corte Inglés' company culture includes sponsoring a number of activities that also serve as a form of advertising. For example, the El Corte Inglés Rally is a rally race that ran on the Canary Islands from 1977 to 2001. Madrid-Castellana flagship [ edit ] The chain's Spanish : buque insignia ( flagship ) department store is El Corte Inglés Castellana in Madrid's Tetuán district, in the Cuatro Caminos neighbourhood, just west of Paseo de la Castellana boulevard and Nuevos Ministerios station. It opened in 1969 and its biggest extension opened on 7 October 2011 on the site of the Windsor Building which caught fire in 2005 and was demolished. In its place, the Torre Titania tower, which connects to the original store, was built. It was designed by architects Pablo Muñoz López and Pedro Vilata Capón/Capont. [ 45 ] The complex encompasses several buildings. The largest has 27 floors, including five below ground dedicated providing parking for 1,600 cars. There are two block of two technical floors each which house engine rooms, air treatment units, elevator machinery, etc. There is a total floor area of 170,000 m 2 (1,800,000 sq ft) of which 70,000 m 2 (750,000 sq ft) is dedicated to retail sales, thus ranking among the 20 largest department store locations currently in operation worldwide. The company spent around 300 million euro [ 46 ] from 2008 through 2011 with the construction of a new building at Castellana 85, dedicated to decoration, that was then integrated with the existing one. After the remodeling and reorganization, merchandise was presented in a differentiated and themed way, in addition to new brands, services, and spaces, such as the Gourmet Experience a food hall with sales of gourmet products, and dining options such as seafood, Asian, Italian, Iberian specialties, hamburgers, grilled meats and fish, cheeses, skewers, fresh pastries, and fresh juices. [ 47 ] The Castellana flagship location carries the most comprehensive collection of designers of any large store in Spain. Designer boutiques in the store include Hermès , Louis Vuitton , Cartier , Armani , Armani Jeans , Armani Collezioni , Gucci , Loewe , Dockers , Ralph Lauren , Bulgari , Dior , Dior Homme , Georges Rech, Versace , Hugo Boss , Boss Woman, Ermenegildo Zegna , Tommy Hilfiger , Dolce&Gabbana , Burberry (men/women) , Façonnable , Pal Zileri , Paul & Shark , Lacoste , Pavillon Christofle, CH by Carolina Herrera , Escada Sport , James Purdey and Sons , Lloyd's , Purificación García, Calvin Klein , Caroll Paris, Amitie, and Episode. The store has its own brands (Emidio Tucci, Dustin). [ citation needed ] Also in the complex is a branch of the Madrid-based Aldeo jewelers, carrying such jewellery designers as Boucheron , Blancpain and Hamilton . [ citation needed ] Preciados–Callao store [ edit ] The Preciados–Callao store complex in the heart of Madrid consists of 4 buildings, including the original flagship Madrid stores of El Corte Inglés and Galerías Preciados: [ 48 ] Calle de Preciados #3–5, 7 stories, original flagship of the chain, opened 1945 at #3, expanded 1955 to #5 [ 49 ] - men's, women's and children's clothing and accessories including some sports apparel, cosmetics and fragrances, plus a café and restaurant Plaza de Callao #2. Built 1964-8, architects Antonio Perpiñá Sebriá ( es ) and Luis Iglesias [ 50 ] on site of Hotel Florida as the flagship of Galerías Preciados which moved from adjacent Preciados #28, now Fnac . 9 stories - home and other non-apparel departments including the Gourmet Experience food hall on floor 9 Plaza de la Puerta del Sol #10, 4 stories - sports clothing and accessories, sporting goods Calle Maestro Victoria #6, 1 story (pet supplies) El Corte Inglés department stores, Hipercor hypermarkets, Supercor urban supermarkets Clothing Alía Dustin Easy Wear Emidio Tucci (men's formalwear) Énfasis Formul@ Joven Gloria Ortiz (clothing, accessories) Lloyd's Sfera Yera Unit Sports apparel Boomerang Runfit (Hipercor only) Cosmetics Línea Pura Oleada Plantea (skin care) Veckia Home furnishings (only at El Corte Inglés stores) Privium Urban-Chic Urban-Class Casa Actual Home appliances and electronics Saivod Ansonic: (only in Hipercor) Digrato (coffee machines/capsules) Inves (software) Culture Ámbito Cultural : cultural events, expositions, literary prizes, cinematography, musical and painting awards, scholarships. Cineclub : collection of classic cinema. Pitiflú : children's entertainment, including storytelling, magic shows, workshops, puppet shows, children's theater and circus events. Rubiños 1860 : bookstore. Food Aliada : generic brand Special Line : diet foods Telecom Sweno Telecor Cryptocurrency Bitcor Private security Sicor Other La Tienda en Casa : telesales via television and internet Oralli : travel accessories Doblecero : loyalty card Primeriti : private online sales club Exterior of the flagship store at the Torre Titania in Castellana , Madrid (2014) Elche (Elx) store, 2009 Murcia store at Christmastime 2023 The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area ^ Spanish pronunciation: [el ˈkoɾte jŋˈɡles] ; Spanish for "the English Cut" (as in "the English style of dressmaking") ^ "Corporate Information" . Retrieved 31 January 2019 . ^ "El Corte Inglés" . www.iads.org . Retrieved 22 April 2021 . ^ "News releases - www.stockmanngroup.com" . www.stockmanngroup.com . Retrieved 20 June 2021 . ^ " Home ." El Corte Inglés Corporate. Retrieved on 17 December 2010. "El Corte Inglés, S.A. Hermosilla, 112. 28009 Madrid." ^ "El Corte Inglés rises to the world podium of department stores" . 29 August 2018 . Retrieved 31 January 2019 . ^ "DGAP-Media: JAXX subsidiary Serviapuestas signs exclusive deal with Europe's largest retail group El Corte Inglés" . Retrieved 3 June 2017 . ^ González, Aníbal (9 March 2007). "La rebelión de la familia Areces contra Isidoro Alvarez aboca a El Corte Inglés a salir a Bolsa" . elconfidencial.com (in Spanish) . Retrieved 30 June 2022 . ^ "La idea de un nuevo negocio" (PDF) (in Spanish). ceccadiz.org. Archived from the original (PDF) on 21 May 2013 . Retrieved 10 December 2024 . ^ "Los grandes almacenes pierden en España su carácter de negocio familiar" . El País (in Spanish). 11 July 1981. ISSN 1134-6582 . Retrieved 30 June 2022 . ^ "Isidoro Álvarez asume la presidencia de El Corte Inglés y de la Fundación Ramón Areces" . El País . 2 August 1989 . Retrieved 3 June 2017 . ^ Ruano, Carlos (8 October 2013). "Spain's Santander to buy 51 percent of El Corte Inglés finance arm" . Reuters. ^ "El Corte Inglés cierra en el centro de Barcelona: baja la persiana en Plaza Cataluña" . www.modaes.com (in Spanish) . Retrieved 30 June 2022 . ^ Group, IT Digital Media (27 November 2019). "El Corte Inglés vende IECISA a GFI por más de 300 millones de euros | Actualidad" . IT User (in Spanish) . Retrieved 30 June 2022 . ^ DÍAS, CINCO (14 July 2020). "El Corte Inglés compra la empresa de seguridad Mega 2 para diversificar negocios" . Cinco Días (in Spanish) . Retrieved 11 May 2022 . ^ "El fin del sueño californiano golpea a El Corte Inglés | soitu.es" . www.soitu.es . Retrieved 30 June 2022 . ^ "El Corte Inglés - información corporativa" . www.elcorteingles.es . Retrieved 3 June 2017 . ^ Press, Europa (30 September 2020). "El Corte Inglés materializa este jueves la absorción de Sfera" [El Corte Inglés materializes this Thursday the absorption of Sfera]. www.europapress.es . Retrieved 10 December 2023 . ^ Non-financial statement 2022 (PDF) (Report). El Corte Inglés S.A. 2022. pp. 24– 26 . Retrieved 10 December 2023 . ^ "Quiénes somos - Financiera El Corte Inglés" . www.financieraelcorteingles.es . Retrieved 2 July 2022 . ^ Ropero, Javier García (12 August 2020). "El Corte Inglés culmina la adquisición de Mega-2 integrándola en Parinver" . Cinco Días (in Spanish) . Retrieved 2 July 2022 . ^ "Amazon lidera el ecommerce en España, con una facturación de 871 MM€ en 2016; El Corte Inglés segundo con 651 MM€ - Ecommerce News" . 24 February 2020. Archived from the original on 24 February 2020 . Retrieved 2 July 2022 . ^ "Así aborda El Corte Inglés el reto del "e-commerce" " . Expansión.com (in Spanish). 10 November 2016 . Retrieved 2 July 2022 . ^ "Global Powers of Retailing 2022" . Deloitte . Retrieved 1 July 2022 . ^ Semana (19 September 2008). "El poder de las Empresas Familiares en el Mundo" . Semana.com Últimas Noticias de Colombia y el Mundo (in Spanish) . Retrieved 1 July 2022 . ^ perpe (27 August 2012). "Ventas y beneficios de El Corte Inglés" . Perpe . Retrieved 1 July 2022 . ^ "Información Corporativa Grupo El Corte Inglés, 19/06/2020" . Retrieved 19 June 2020 . ^ El Corte Inglés (Spain) (ed.). "El Corte Inglés (corporate information)" . Archived from the original on 16 October 2014 . Retrieved 6 June 2020 . ^ "El Corte Inglés will resist any IPO moves -sources" . Reuters . 8 August 2014. Archived from the original on 8 August 2014 . Retrieved 1 July 2022 . ^ Ugalde, Ruth (16 September 2014). "Isidoro Álvarez deja una herencia de 1.500 millones en acciones de El Corte Inglés" . elconfidencial.com (in Spanish) . Retrieved 1 July 2022 . ^ "El Corte Inglés tendrá dos consejeros delegados, Del Pozo y Nuño de la Rosa" . La Vanguardia (in Spanish). 23 October 2017 . Retrieved 1 July 2022 . ^ "La juez condena a El Corte Inglés a pagar a César Areces 98,5 millones por sus acciones" . El País (in Spanish). 17 April 2007. ISSN 1134-6582 . Retrieved 1 July 2022 . ^ "Consejo de Administración" . El Corte Inglés . Retrieved 2 July 2022 . ^ "Marta Álvarez, elegida nueva presidenta de El Corte Inglés por unanimidad" . abc (in Spanish). 10 July 2019 . Retrieved 2 July 2022 . ^ "Compromisos con el cliente" . El Corte Inglés . Retrieved 2 July 2022 . ^ elEconomista.es. "El corte inglés empleaba a 99.323 personas en 2011, frente a las 102.699 de 2010 - elEconomista.es" . www.eleconomista.es (in Spanish) . Retrieved 3 July 2022 . ^ Requena, A. (3 June 2013). "El Corte Inglés, condenado por discriminación salarial a sus trabajadoras" . ElDiario.es (in Spanish) . Retrieved 3 July 2022 . ^ elDiariocv (13 September 2014). "CCOO denuncia persecución sindical en El Corte Inglés" . ElDiario.es (in Spanish) . Retrieved 3 July 2022 . ^ "Explotación en El Corte Inglés: Atreverse a luchar, atreverse a vencer – Rebelion" (in Spanish) . Retrieved 3 July 2022 . ^ "SNet: INDITEX (Zara), MANGO, CORTEFIEL e INDUYCO-EL CORTE INGLÉS, DENUNCIADAS por EXPLOTACIÓN LABORAL en el TERCER MUNDO" . antigua.solidaridad.net . Archived from the original on 3 July 2022 . Retrieved 3 July 2022 . ^ "SNet: El Corte Inglés controla más del 90% de los grandes almacenes y subcontrata en Tanger con salarios de miseria" . antigua.solidaridad.net . Archived from the original on 3 October 2022 . Retrieved 3 July 2022 . ^ "SNet: INDITEX (Zara), El Corte Inglés Y MAYORAL ACUSADAS de COMPLICIDAD en la VIOLACIÓN de DERECHOS HUMANOS y LABORALES en MARRUECOS" . antigua.solidaridad.net . Archived from the original on 3 July 2022 . Retrieved 3 July 2022 . ^ "El Corte Inglés integra a Induyco | CondeNast - Profesional" . 18 October 2010. Archived from the original on 18 October 2010 . Retrieved 4 July 2022 . ^ Luchas Autonomos en la Transicion Democratica (in Spanish). Madrid, Spain: Promocion del Pueblo. 1977. ^ Redacción (28 February 2012). "InfoAdex: El Corte Inglés y P&G, los principales anunciantes en España en 2011" . Marketing Directo (in Spanish) . Retrieved 4 July 2022 . ^ "Los compradores estrenan la antigua torre Windsor" [The buyers unveil the old Windsor Tower]. El País (in Spanish). 17 January 2011 . Retrieved 10 December 2023 . ^ "El Corte Inglés abre su "buque insignia" de Castellana, con una inversión de más de 300 millones" [El Corte Inglés opens its "flagship" of Castellana, with an investment of more than 300 million]. Telemadrid (in Spanish). 27 October 2011 . Retrieved 10 December 2023 . ^ "El Corte Inglés de Castellana se sitúa a la cabeza de la innovación con nuevos espacios y conceptos" [El Corte Inglés Castellana Store at Head of Innovation with its New Spaces and Concepts]. El Corte Inglés (in European Spanish). 26 October 2011 . Retrieved 10 December 2023 . ^ "Departamentos en El Corte Inglés Preciados–Callao" . El Corte Inglés . Retrieved 7 January 2024 . ^ "Historia del Grupo" [History of the Group]. El Corte Inglés . Retrieved 7 January 2024 . ^ Capitel, Antón (18 August 2019). "La Gran Vía de Madrid. Breve biografía crítica de una gran calle (IV)" [The Gran Vía of Madrid. Brief critical biography of a great street (IV)]. Veredes, arquitectura y divulgación (in Spanish) . Retrieved 7 January 2024 . Official website

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[Jump to content](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#bodyContent) Main menu Main menu move to sidebar hide Navigation - [Main page](https://en.wikipedia.org/wiki/Main_Page "Visit the main page [z]") - [Contents](https://en.wikipedia.org/wiki/Wikipedia:Contents "Guides to browsing Wikipedia") - [Current events](https://en.wikipedia.org/wiki/Portal:Current_events "Articles related to current events") - [Random article](https://en.wikipedia.org/wiki/Special:Random "Visit a randomly selected article [x]") - [About Wikipedia](https://en.wikipedia.org/wiki/Wikipedia:About "Learn about Wikipedia and how it works") - [Contact us](https://en.wikipedia.org/wiki/Wikipedia:Contact_us "How to contact Wikipedia") Contribute - [Help](https://en.wikipedia.org/wiki/Help:Contents "Guidance on how to use and edit Wikipedia") - [Learn to edit](https://en.wikipedia.org/wiki/Help:Introduction "Learn how to edit Wikipedia") - [Community portal](https://en.wikipedia.org/wiki/Wikipedia:Community_portal "The hub for editors") - [Recent changes](https://en.wikipedia.org/wiki/Special:RecentChanges "A list of recent changes to Wikipedia [r]") - [Upload file](https://en.wikipedia.org/wiki/Wikipedia:File_upload_wizard "Add images or other media for use on Wikipedia") - [Special pages](https://en.wikipedia.org/wiki/Special:SpecialPages "A list of all special pages [q]") [![](https://en.wikipedia.org/static/images/icons/enwiki-25.svg) ![Wikipedia](https://en.wikipedia.org/static/images/mobile/copyright/wikipedia-wordmark-en-25.svg) ![The Free Encyclopedia](https://en.wikipedia.org/static/images/mobile/copyright/wikipedia-tagline-en-25.svg)](https://en.wikipedia.org/wiki/Main_Page) [Search](https://en.wikipedia.org/wiki/Special:Search "Search Wikipedia [f]") Appearance - [Donate](https://donate.wikimedia.org/?wmf_source=donate&wmf_medium=sidebar&wmf_campaign=en.wikipedia.org&uselang=en) - [Create account](https://en.wikipedia.org/w/index.php?title=Special:CreateAccount&returnto=El+Corte+Ingl%C3%A9s "You are encouraged to create an account and log in; however, it is not mandatory") - [Log in](https://en.wikipedia.org/w/index.php?title=Special:UserLogin&returnto=El+Corte+Ingl%C3%A9s "You're encouraged to log in; however, it's not mandatory. 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[o]") ## Contents move to sidebar hide - [(Top)](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s) - [1 History](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#History) Toggle History subsection - [1\.1 International expansion](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#International_expansion) - [2 Business units](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Business_units) Toggle Business units subsection - [2\.1 Retail](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Retail) - [2\.2 IT and communications](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#IT_and_communications) - [2\.3 Service sector](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Service_sector) - [2\.4 Auxiliary businesses](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Auxiliary_businesses) - [2\.5 E-commerce](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#E-commerce) - [3 Corporate affairs](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Corporate_affairs) Toggle Corporate affairs subsection - [3\.1 Shareholders](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Shareholders) - [4 Business model](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Business_model) Toggle Business model subsection - [4\.1 Customers](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Customers) - [4\.2 Human resources](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Human_resources) - [4\.3 Suppliers](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Suppliers) - [4\.4 Publicity and advertising](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Publicity_and_advertising) - [5 Flagship stores](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Flagship_stores) Toggle Flagship stores subsection - [5\.1 Madrid-Castellana flagship](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Madrid-Castellana_flagship) - [5\.2 Preciados–Callao store](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Preciados%E2%80%93Callao_store) - [6 Brands](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Brands) - [7 Gallery](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Gallery) - [8 Notes](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#Notes) - [9 References](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#References) - [10 External links](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#External_links) Toggle the table of contents # El Corte Inglés 27 languages - [Afrikaans](https://af.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Afrikaans") - [العربية](https://ar.wikipedia.org/wiki/%D8%A5%D9%84_%D9%83%D9%88%D8%B1%D8%AA%D9%8A_%D8%A5%D9%86%D8%BA%D9%84%D9%8A%D8%B2 "إل كورتي إنغليز – Arabic") - [تۆرکجه](https://azb.wikipedia.org/wiki/%D8%A7%D9%84_%DA%A9%D9%88%D8%B1%D8%AA%D9%87_%D8%A7%DB%8C%D9%86%D9%82%D9%84%D8%B3 "ال کورته اینقلس – South Azerbaijani") - [Български](https://bg.wikipedia.org/wiki/%D0%9A%D0%BE%D1%80%D1%82%D0%B5_%D0%98%D0%BD%D0%B3%D0%BB%D0%B5%D1%81 "Корте Инглес – Bulgarian") - [Català](https://ca.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Catalan") - 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[한국어](https://ko.wikipedia.org/wiki/%EC%97%98_%EC%BD%94%EB%A5%B4%ED%85%8C_%EC%9E%89%EA%B8%80%EB%A0%88%EC%8A%A4 "엘 코르테 잉글레스 – Korean") - [Nederlands](https://nl.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Dutch") - [Norsk bokmål](https://no.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Norwegian Bokmål") - [Polski](https://pl.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Polish") - [Português](https://pt.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Portuguese") - [Română](https://ro.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Romanian") - [Русский](https://ru.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Russian") - [Svenska](https://sv.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Swedish") - [Türkçe](https://tr.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Turkish") - [Українська](https://uk.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s "El Corte Inglés – Ukrainian") - [中文](https://zh.wikipedia.org/wiki/%E8%8B%B1%E6%A0%BC%E5%88%97%E6%96%AF%E7%99%BE%E8%B2%A8 "英格列斯百貨 – Chinese") [Edit links](https://www.wikidata.org/wiki/Special:EntityPage/Q623133#sitelinks-wikipedia "Edit interlanguage links") - 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[Wikimedia Commons](https://commons.wikimedia.org/wiki/Category:El_Corte_Ingl%C3%A9s) - [Wikidata item](https://www.wikidata.org/wiki/Special:EntityPage/Q623133 "Structured data on this page hosted by Wikidata [g]") Appearance move to sidebar hide From Wikipedia, the free encyclopedia Spanish department store group | | | |---|---| | [![](https://upload.wikimedia.org/wikipedia/commons/thumb/0/02/Logo_Corte_Ingl%C3%A9s.svg/250px-Logo_Corte_Ingl%C3%A9s.svg.png)](https://en.wikipedia.org/wiki/File:Logo_Corte_Ingl%C3%A9s.svg) | | | [![](https://upload.wikimedia.org/wikipedia/commons/thumb/6/6a/Marbella_-_El_Corte_Ingl%C3%A9s%2C_Centro_Comercial_Costa_Marbella_5.jpg/250px-Marbella_-_El_Corte_Ingl%C3%A9s%2C_Centro_Comercial_Costa_Marbella_5.jpg)](https://en.wikipedia.org/wiki/File:Marbella_-_El_Corte_Ingl%C3%A9s,_Centro_Comercial_Costa_Marbella_5.jpg)Exterior of the store in [Marbella](https://en.wikipedia.org/wiki/Marbella "Marbella") (2019) | | | Company type | [Sociedad Anónima](https://en.wikipedia.org/wiki/S.A._\(corporation\) "S.A. (corporation)") | | Industry | [Retail](https://en.wikipedia.org/wiki/Retail "Retail") | | Genre | [Department stores](https://en.wikipedia.org/wiki/Department_store "Department store") | | Founded | 28 June 1940; 85 years ago (1940-06-28) in [Madrid](https://en.wikipedia.org/wiki/Madrid "Madrid"), [Spain](https://en.wikipedia.org/wiki/Spain "Spain") | | Founders | [Ramón Areces](https://en.wikipedia.org/wiki/Ram%C3%B3n_Areces "Ramón Areces") César Rodríguez | | Headquarters | Madrid, Spain | | Number of locations | 83 (2023) | | Areas served | [Spain](https://en.wikipedia.org/wiki/Spain "Spain") [Portugal](https://en.wikipedia.org/wiki/Portugal "Portugal") | | Key people | Victor del Pozo (chairman) Marta Álvarez Guil (president) | | Products | Clothing footwear accessories bedding furniture jewelry beauty products housewares | | Revenue | ![Increase](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png) €15.783 billion (2018) | | [Net income](https://en.wikipedia.org/wiki/Net_income "Net income") | ![Increase](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png) €258 million (2018) | | Number of employees | ![Increase](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png) 90,004 (2018) | | [Subsidiaries](https://en.wikipedia.org/wiki/Subsidiary "Subsidiary") | Hipercor Bricor Supercor Opencor Viajes El Corte Inglés Informática El Corte Inglés | | Website | [elcorteingles.es](http://elcorteingles.es/) | | **Footnotes / references** [\[1\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-Corporate_Information-1) | | **El Corte Inglés S.A.**[\[a\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-2) is a Spanish [department store](https://en.wikipedia.org/wiki/Department_store "Department store") chain founded in 1940 by [Ramón Areces](https://en.wikipedia.org/wiki/Ram%C3%B3n_Areces "Ramón Areces") and César Rodríguez. It is the last such remaining in [Spain](https://en.wikipedia.org/wiki/Spain "Spain") and [Portugal](https://en.wikipedia.org/wiki/Portugal "Portugal"), and has been a member of the [International Association of Department Stores](https://en.wikipedia.org/wiki/International_Association_of_Department_Stores "International Association of Department Stores") since 1998.[\[2\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-3)[\[3\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-4) It is the largest department store group in Europe,[\[4\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-5) and the third-largest in the world.[\[5\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-6)[\[6\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-7)[\[7\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-8) ## History \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=1 "Edit section: History")\] In 1934, the founders Ramón Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor's shop (which began in 1890) located on one of [Madrid](https://en.wikipedia.org/wiki/Madrid "Madrid")'s central streets, *[calle Preciados](https://en.wikipedia.org/wiki/Calle_Preciados "Calle Preciados")*, at the corner of *calle Carmen* and *calle Rompelanzas.* They made it into a [limited company](https://en.wikipedia.org/wiki/Limited_company "Limited company"). The property where the shop was located had been owned by Julián Gordo Centenera since 1930.[\[8\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-9) The prime location of the property soon attracted the attention of an [Asturian](https://en.wikipedia.org/wiki/Asturias "Asturias") businessman, Pepin Fernandez, who was looking to expand a business called *Sederias Carretas* which he had started in 1934 with a capital contribution from his cousin Cesar Rodriguez Gonzales. His plan was to purchase all of the properties on the block to construct a new building to house his business, a vision which was later realized in the form of [Galerias Preciados](https://en.wikipedia.org/wiki/Galer%C3%ADas_Preciados "Galerías Preciados").[\[9\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-10) Around 1920, at 15, Areces had gone to [Havana](https://en.wikipedia.org/wiki/Havana "Havana"), [Cuba](https://en.wikipedia.org/wiki/Cuba "Cuba"), and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. Cesar Rodriguez had asked Pepin Fernandez to hire his nephew Ramon Areces in *Sederias Carretas* shortly after his return from Cuba. Pepin refused, so Cesar requested that he at least allow Ramon to operate El Corte Inglés while plans to acquire the block and construct the new building were finalized. Pepin, who had also learned the department store business at *Almacenes El Encanto*, accepted the request, and transferred ownership of El Corte Inglés to Cesar on 23 December 1935, and acquired the property where it was located on behalf of *Sederias Carretas* soon after. Once Cesar took ownership of El Corte Inglés, he designated Ramon Areces as manager, a position which he held until his death, including during the [Spanish civil war](https://en.wikipedia.org/wiki/Spanish_Civil_War "Spanish Civil War"). When the war ended in 1939, El Corte Inglés moved to *calle Preciados*, on the corner of *calle Tetuan*, near the location of *Almacenes el Aguila*, to make way for the new Galerias Preciados building. In 1940, Areces turned the tailor's shop into a [*sociedad limitada*](https://en.wikipedia.org/wiki/Private_limited_company "Private limited company")*,* registering with 1 million pesetas of capital and shares divided equally between Cesar Rodriguez, who became the first president of El Corte Inglés S.L., and Ramon Areces, whose share of the capital contribution came from a loan facilitated by his uncle. As the business expanded, eventually Cesar Rodriguez became the majority shareholder, although Areces remained in charge of strategic decisions and the day-to-day operations of the business. In 1945 and 1946, El Corte Inglés acquired its new building and expanded to encompass 2,000 square meters of retail space on 5 floors, and shifted to a department store organizational style similar to that of Galerias Preciados, which had been operational since 1943. The company saw continuous growth until 1952, when it converted its legal structure from a *sociedad limitada* to a [*sociedad anónima*](https://en.wikipedia.org/wiki/S.A._\(corporation\) "S.A. (corporation)") in which Cesar Rodriguez remained president and majority shareholder, a position which he held until his death in 1966. After this, Ramon Areces, who until then had been managing director, became the president and largest shareholder. The competition between El Corte Inglés and Galerias Preciados in the 1950s and 60's caused a revolution in Spanish retail distribution. Seasonal discounts, organized [ad campaigns](https://en.wikipedia.org/wiki/Advertising_campaign "Advertising campaign"), air conditioned stores, massive use of publicity, large scale use of [display windows](https://en.wikipedia.org/wiki/Display_window "Display window"), customer [loyalty cards](https://en.wikipedia.org/wiki/Loyalty_program "Loyalty program"), [point of sale](https://en.wikipedia.org/wiki/Point_of_sale "Point of sale") data collection, and more. The expansion of El Corte Inglés began in 1962 with the opening of its second department store in [Barcelona](https://en.wikipedia.org/wiki/Barcelona "Barcelona"), and expansion continues until the present. Expansion also diversified into other formats including [Hipercor](https://en.wikipedia.org/wiki/Hipercor "Hipercor"), first introduced in [Seville](https://en.wikipedia.org/wiki/Seville "Seville") in 1980. In 1969, the company started to branch out of the retail sector, first opening a [travel agency](https://en.wikipedia.org/wiki/Travel_agency "Travel agency"), Viajes El Corte Inglés, in 1969, followed by a telecom and computing equipment wholesaler, Investronica, in 1980, and an [IT services](https://en.wikipedia.org/wiki/IT_service_management "IT service management") and [software development](https://en.wikipedia.org/wiki/Software_development "Software development") company, Informática El Corte Inglés (IECISA), in 1986. After Areces died in 1989, his nephew [Isidoro Álvarez](https://en.wikipedia.org/wiki/Isidoro_%C3%81lvarez "Isidoro Álvarez") became his successor and continued to expand the business while emphasizing self-reliant financing methods, opaque management techniques, and careful investment. In 1995, El Corte Inglés bought out Galerías Preciados, which was its only serious competitor. Galerias Preciados had entered bankruptcy.[\[10\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-11) In addition to acquiring its arch-rival, El Corte Inglés purchased all of the [Marks & Spencer](https://en.wikipedia.org/wiki/Marks_%26_Spencer "Marks & Spencer") stores in the [Iberian peninsula](https://en.wikipedia.org/wiki/Iberian_Peninsula "Iberian Peninsula") in 2001. El Corte Inglés entered into a partnership with [Repsol](https://en.wikipedia.org/wiki/Repsol "Repsol") in 1998, through which El Corte Inglés would operate convenience stores at Repsol [fuel stations](https://en.wikipedia.org/wiki/Filling_station "Filling station"). These stores were initially known as Repsol-Supercor, or Repsol-Opencor after 2008, while those not attached to fuel stations were called Opencor. In 2001, El Corte Inglés opened a retail fashion outlet called Sfera. Its first [big-box store](https://en.wikipedia.org/wiki/Big-box_store "Big-box store"), Bricor, specializing in [home decor](https://en.wikipedia.org/wiki/Interior_design "Interior design") and [DIY](https://en.wikipedia.org/wiki/Do_it_yourself "Do it yourself") supplies, opened in 2006. In October 2013, the firm sold a 51% stake in the financing department to the Spanish banking group [Grupo Santander](https://en.wikipedia.org/wiki/Grupo_Santander "Grupo Santander") for around €140 million.[\[11\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-12) From 2014 to 2018 the CEO of the company was [Dimas Gimeno](https://en.wikipedia.org/wiki/Dimas_Gimeno "Dimas Gimeno"). In March 2018, El Corte Inglés closed its store on [La Rambla](https://en.wikipedia.org/wiki/La_Rambla,_Barcelona "La Rambla, Barcelona") of [Barcelona](https://en.wikipedia.org/wiki/Barcelona "Barcelona").[\[12\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-13) In 2019, El Corte Inglés sold IECISA to GFI for €300 million.[\[13\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-14) In June 2020, El Corte Inglés bought the private security and services company MEGA 2 for 28 million euros.[\[14\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-15) ### International expansion \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=2 "Edit section: International expansion")\] The first attempts at international expansion happened in 1981 with the acquisition of the [Harris Company](https://en.wikipedia.org/wiki/Harris_Company "Harris Company"), a chain of mid-sized department stores in the [United States](https://en.wikipedia.org/wiki/United_States "United States"). The venture was unsuccessful, and in 1998 El Corte Inglés made a deal with [Gottschalks](https://en.wikipedia.org/wiki/Gottschalks "Gottschalks"), an American department store chain. Gottschalks took over management of the Harris Company's stores and gave El Corte Inglés 16% of Harris Company stock. It turned out to be a total loss later, when Gottschalks declared [bankruptcy](https://en.wikipedia.org/wiki/Bankruptcy "Bankruptcy") in the aftermath of the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis").[\[15\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-16) That experience led to the company taking a much more conservative approach with its 2001 expansion in Portugal, with a store in [Lisbon](https://en.wikipedia.org/wiki/Lisbon "Lisbon"), followed in 2006 with a store in [Vila Nova de Gaia](https://en.wikipedia.org/wiki/Vila_Nova_de_Gaia "Vila Nova de Gaia"), opposite the city of [Porto](https://en.wikipedia.org/wiki/Porto "Porto"). In 2006, just as it opened its second store outside of Spain (in *Vila Nova de Gaia*), the company announced expansion outside the Iberian Peninsula: Italy was to be the first country to host a store, but owing to the ongoing Eurozone crisis, the plan was suspended, as well as the opening of the third store in Portugal.[\[16\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-17) Various food products bearing the El Corte Inglés brand are marketed in Latin American stores. ## Business units \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=3 "Edit section: Business units")\] The business group is divided into the following areas of activity, which are usually commercially configured as companies whose shareholding belongs in its entirety or overwhelmingly majority to El Corte Inglés S.A .: ### Retail \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=4 "Edit section: Retail")\] - El Corte Inglés S.A. The parent company, dedicated to distribution through department stores. This was the main activity of the company since its inception. In 2010 it still accounted for 59% of total revenues and about 63.7% of net profit. As of 28 February 2013, El Corte Inglés has 86 centres, 84 in Spain and 2 in Portugal. - [Hipercor](https://en.wikipedia.org/wiki/Hipercor "Hipercor"). Chain of [hypermarkets](https://en.wikipedia.org/wiki/Hypermarket "Hypermarket") dedicated to the distribution of food and household appliances. Hipercor was a response to the entry of French capital into the Spanish market in the 1980s, including [Alcampo](https://en.wikipedia.org/wiki/Alcampo "Alcampo"), Pryca and Continente, with the latter two merging and now operating under the [Carrefour](https://en.wikipedia.org/wiki/Carrefour "Carrefour") brand. As of 28 February 2013, Hipercor has 42 centres in Spain. - Bricor. [Home improvement](https://en.wikipedia.org/wiki/Home_improvement "Home improvement") and home decor retailer. Bricor was a response to the consolidation of the sector by the Adeo group, which was formed from the Auchan group, which owned Alcampo, among other interests. The [Auchan](https://en.wikipedia.org/wiki/Auchan "Auchan") group also owns the [Leroy Merlin](https://en.wikipedia.org/wiki/Leroy_Merlin "Leroy Merlin"), Aki and Bricomart brands in Spain. As of 28 February 2013, Bricor had 16 stores: 14 in Spain and 2 in Portugal. - Supercor / Supercor Exprés. [Supermarket](https://en.wikipedia.org/wiki/Supermarket "Supermarket") and [convenience store](https://en.wikipedia.org/wiki/Convenience_store "Convenience store") chain. Supercor emerged to compete with mid-sized local grocery stores at the end of the 1990s, such as [Caprabo](https://en.wikipedia.org/wiki/Caprabo "Caprabo"), [Eroski](https://en.wikipedia.org/wiki/Eroski "Eroski"), and [Mercadona](https://en.wikipedia.org/wiki/Mercadona "Mercadona"). Supercor Express is a smaller sized convenience store format which was adopted by the company in 2011. The sum total of convenience stores, including Supercor, Supercor Express, and Opencor was 238 as of 28 February 2013. - [Sfera](https://en.wikipedia.org/wiki/Sfera_\(retailer\) "Sfera (retailer)"). [Fashion retailer](https://en.wikipedia.org/wiki/Fashion_retailer "Fashion retailer") stores group. over as of the end of 2022, 490 points of sale - mostly freestanding stores - owned and franchised, including 75 stores-in-store within El Corte Inglés department stores in Spain and Portugal. Sales in fiscal 2020 were 461 million euro.[\[17\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-18) There are stores (as of December 2022) in:[\[18\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-ar2022-19) It was conceived as a response to chains like [H\&M](https://en.wikipedia.org/wiki/H%26M "H&M"), and the Spanish brands [Mango](https://en.wikipedia.org/wiki/Mango_\(retailer\) "Mango (retailer)"), [Zara](https://en.wikipedia.org/wiki/Zara_\(retailer\) "Zara (retailer)"), and Springfield, the latter two of which belong to Inditex and [Cortefiel](https://en.wikipedia.org/wiki/Tendam "Tendam") respectively. ### IT and communications \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=5 "Edit section: IT and communications")\] In the [IT](https://en.wikipedia.org/wiki/IT "IT") and communications fields, El Corte Inglés has three subsidiaries, which are listed in order of establishment: - Informática El Corte Inglés (IECISA). Dedicated to [IT consulting](https://en.wikipedia.org/wiki/IT_consulting "IT consulting"), [software development](https://en.wikipedia.org/wiki/Software_development "Software development") and computing services. - Investrónica. Consumer computing and telephony wholesaler, and former computer manufacturer under the Inves brand. Integrated in IECISA from 2015. - Telecor. Telecommunications services for consumers and businesses. ### Service sector \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=6 "Edit section: Service sector")\] In the service sector, the El Corte Inglés group owns: - [Viajes El Corte Inglés](https://en.wikipedia.org/wiki/Viajes_El_Corte_Ingl%C3%A9s "Viajes El Corte Inglés"). [Travel agency](https://en.wikipedia.org/wiki/Travel_agency "Travel agency") group from a wholesale and retail point of view. As [travel agency](https://en.wikipedia.org/wiki/Travel_agency "Travel agency") it has 599 branches worldwide, 506 of which are in Spain and 93 abroad. - Seguros El Corte Inglés (CESS). Insurance company dedicated to [insurance brokerage](https://en.wikipedia.org/wiki/Insurance_brokerage "Insurance brokerage") and financial and real estate mediation. It has 105 branches, most of which are located in the El Corte Inglés department stores, although some are dedicated Seguros El Corte Inglés storefronts. - Financiera El Corte Inglés. A consumer credit company that finances purchases for customers and distributes the El Corte Inglés shopping card. Present in Spain and Portugal. 51% of the capital of Financiera El Corte Inglés belongs to [Banco Santander](https://en.wikipedia.org/wiki/Banco_Santander "Banco Santander") as of 2014.[\[19\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-20) - MEGA 2. A security and terciary service company present in Spain and Portugal. - Grupo Sicor. Provision of services related to physical and digital security, integral services, cleaning and maintenance, logistics, and employment. - Sweno. A telecomm company. - Sweno Energia. A residential and commercial electrical utility. - Bitcor. A cryptocurrency company. ### Auxiliary businesses \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=7 "Edit section: Auxiliary businesses")\] El Corte Inglés owns 100% of a number of businesses auxiliary to their main business functions, unless otherwise noted. - *Industrias y Confecciones S.A.* (INDUYCO). Integrated into the group in 2010. - *Ason Inmobiliaria de Arriendos S.L.* A real estate and rental management company. - *Construcciones, Promociones e Instalaciones S.A.* A construction and renovation company. - *Editorial Universitaria Ramón Areces S.A.* A publisher of text books for Spanish universities. - *Tourmodial Operadores S.A.* A travel services company. - Parinver S.A. (75.83%). A holding company which owns some hotel groups and other businesses.[\[20\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-21) The company has partial ownership in other businesses: - 50% of *Gestion de Puntos de Venta S.A.* (GESPEVESA) which manages Opencor stores at Repsol fuel stations. - 50% of *[Sephora](https://en.wikipedia.org/wiki/Sephora "Sephora") Cosmeticos España S. L.* - 6\.15% of *Euroforum Escorial S.A.,* a training and corporate events company. - 4,36 % of *Parque Temático de Madrid S.A.* which operates [Parque Warner Madrid](https://en.wikipedia.org/wiki/Parque_Warner_Madrid "Parque Warner Madrid"). - 1\.7% of [IAG](https://en.wikipedia.org/wiki/International_Airlines_Group "International Airlines Group"). ### E-commerce \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=8 "Edit section: E-commerce")\] El Corte Inglés' website was the largest in terms of the number of its customers in Spain, with 3.7 million customers in 2011. In 2013, 3.5 million customers and 137 million visits were registered. In December 2016 they reached their monthly peak, with more than 14 million unique users and more than 30 million visits to www.elcorteingles.es, increasing to 32 million in January 2017, becoming the most visited Spanish commercial website in Spain. It was the second most visited ecommerce website in Spain in 2017, behind [Amazon.com](https://en.wikipedia.org/wiki/Amazon_\(company\) "Amazon (company)").[\[21\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-22) Since 1999 its General Director of Electronic Commerce and Distance Sales Division is Ricardo Goizueta Sagues and the Digital Director or Chief Digital Officer (CDO) is, since 2012, José María Fernández Ortega.[\[22\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-23) ## Corporate affairs \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=9 "Edit section: Corporate affairs")\] According to [Deloitte](https://en.wikipedia.org/wiki/Deloitte "Deloitte")'s report on "Global Powers of Retailing," El Corte Inglés ranked 97th in 2020, down 27 places from 2019, when it ranked 69th. This made it the 3rd largest retailer by volume in Spain, behind [Inditex](https://en.wikipedia.org/wiki/Inditex "Inditex") and [Mercadona](https://en.wikipedia.org/wiki/Mercadona "Mercadona"). Total retail revenue in 2020 amount to €12,077 million.[\[23\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-24) As of 2008, it was the second largest family business in Spain, and the 66th largest in the world.[\[24\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-25) The company's retail revenue and net profit both increased continuously until 2007, when they began to drop. The company has not since returned to its 2007 peak of revenue, which was close to €18,000 million, with €747.6 million net profits.[\[25\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-26) Since then, both revenue and profits declined until 2015, and then increased until 2019.[\[26\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-27)[\[27\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-prensa.elcorteinglescorporativo_1-28) ### Shareholders \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=10 "Edit section: Shareholders")\] Although the company is known for jealously guarding its privacy,[\[28\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-29) numerous statements have indicated that the Ramón Areces Foundation is the biggest shareholder, with 37% of the company's shares willed to the foundation by its founder.[\[29\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-30) Isidoro Alvarez controls these shares as president of the foundation, together with his own shares, which are believed to be somewhere between 15 and 27% of total shares, making him the largest shareholder. Cartera de Valores IASA is the second biggest shareholder, with 22% of shares.[\[30\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-31) Approximately 9% of shares are owned by the children of Luis Areces, Ramon Areces' brother, via the *Corporacion Ceslar*. Equal parts of approximately 3% of the shares, were divided between the four brothers of the Areces Fuentes brothers, sons of Ramon Areces' other brother Celestino. The brothers acquired these shares through inheritance after the liquidation of the holding company. After a lengthy legal conflict, however, they sold their shares to El Corte Inglés.[\[31\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-32) Ingondel S.L. which held 6% of El Corte Inglés' capital, was property of descendants of César Rodríguez. It was acquired in 2009. A 7% share is in the hands of Cartera Mancor, S.L., which is also made up of the descendants of César Rodríguez, by way of Paloma García Peña. Approximately 3% is held by other members of the administrative council, and the remainder is divided between the treasure and some 3000 directors and executives of the company. It is presumed that these shareholders are always employees while they hold shares, since there are restrictions on the transfer of shares. The administrative council of El Corte Inglés is composed of the following individuals:[\[32\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-33) - Marta Álvarez Guil. elected president 11 July 2019.[\[33\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-34) - Cristina Álvarez Guil. - Jesús Nuño de la Rosa y Coloma. - Fernando Becker Zuazua. - [Manuel Pizarro Moreno](https://en.wikipedia.org/wiki/Manuel_Pizarro_Moreno "Manuel Pizarro Moreno"). - Víctor del Pozo Gil. - [Hamad bin Jassem bin Jabr Al Thani](https://en.wikipedia.org/wiki/Hamad_bin_Jassim_bin_Jaber_Al_Thani "Hamad bin Jassim bin Jaber Al Thani"), represented by Shahzad Shahbaz. - Cartera Mancor, S.L, represented by Paloma García Peña. - Corporación Ceslar, represented by Ana Carlota Areces Galán. - [Antonio Hernández-Gil](https://en.wikipedia.org/wiki/Antonio_Hern%C3%A1ndez-Gil_%C3%81lvarez-Cienfuegos "Antonio Hernández-Gil Álvarez-Cienfuegos") (secretary). - Juan Moral-de la Rosa (vice-secretary) ## Business model \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=11 "Edit section: Business model")\] Like Galerias Preciados in its time, El Corte Inglés' business model was based on introducing American style department stores to Spain during a period where Spain was emerging from economic isolation and [autarky](https://en.wikipedia.org/wiki/Autarky "Autarky"). As such, its business model revolved around the idea of a store where customer could buy everything, hence its slogan "The store for all your shopping" (*La tienda de todas tus compras).* Stores aimed not only to offer a wide variety of articles, but also goods of different levels of quality, with goods divided into departments with additional services such as home deliveries, wedding lists, repairs included in sale price, etc., as well as satisfaction and quality assurances through [money-back guarantees](https://en.wikipedia.org/wiki/Money-back_guarantee "Money-back guarantee"). This model depends on the performance of the following actors: ### Customers \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=12 "Edit section: Customers")\] The company's main business model has remained constant until the present. Its social and [corporate responsibility](https://en.wikipedia.org/wiki/Corporate_responsibility "Corporate responsibility") documents emphasize five pillars of commitment to the customers: quality, service, assortment, specialization, and guarantees.[\[34\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-35) This approach has been used to build [customer loyalty](https://en.wikipedia.org/wiki/Loyalty_business_model "Loyalty business model"). In the food department, the company has launched a [generic brand](https://en.wikipedia.org/wiki/Generic_brand "Generic brand") called Aliada. The El Corte Inglés shopping card is a [credit card](https://en.wikipedia.org/wiki/Credit_card "Credit card") which was introduced in 1968, and is one of the most popular in Spain, with 11.58 million active cards in Spain in 2017. Card holders have a one-month [grace period](https://en.wikipedia.org/wiki/Grace_period "Grace period") to pay off the balance of their card, with an option to defer payment for up to three months without interest, although administrative fees apply. Payment can also be deferred with low [interest](https://en.wikipedia.org/wiki/Interest "Interest") payments for up to 36 months. The card also grants holders the right to at least 2 hours free parking in store [parking garages](https://en.wikipedia.org/wiki/Multistorey_car_park "Multistorey car park"), and allows the purchase of any product sold in El Corte Inglés centers. Since 2006, the card can also be used to pay for fuel at Repsol fuel stations. ### Human resources \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=13 "Edit section: Human resources")\] In 2011, the company's workforce was made up of 99,323 employees, down from 102,699 the previous year.[\[35\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-36) 93% of those had long-term contracts, and 71% were full-time. The median age of employees was 39 years, with 13 years of experience. 37% of total employees were male compared to 63% female, although in management males outnumbered females. Annual reports indicated that in 2012, the total number of employees further declined to 96,678, 94% of whom were full time, and 64% of whom were female. The relationship between El Corte Inglés and its employees has traditionally been formal, familiar, and paternalistic, with the company trying to establish feedback between the company and its employees. The company provides training and educational assistance, financial services, and discounts or financing for purchasing goods and services. The company has received criticism for discriminating against women,[\[36\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-37) harassment of [labor unions](https://en.wikipedia.org/wiki/Trade_union "Trade union"),[\[37\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-38) is directly implicated in exploitative labor practices.[\[38\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-39) In the majority of the company's locations, union elections are won by Fetico or FASGA, a national retail union accused of being a [yellow union](https://en.wikipedia.org/wiki/Company_union "Company union") by the UGT and [CCOO](https://en.wikipedia.org/wiki/Workers%27_Commissions "Workers' Commissions"). Some companies in the El Corte Inglés group, such as Induyco, have been criticized by groups like [Oxfam](https://en.wikipedia.org/wiki/Oxfam "Oxfam") for issues of [precarious work](https://en.wikipedia.org/wiki/Precarious_work "Precarious work") and exploitation of textile workers in [third world](https://en.wikipedia.org/wiki/Third_World "Third World") countries.[\[39\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-40)[\[40\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-41)[\[41\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-42) ### Suppliers \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=14 "Edit section: Suppliers")\] The company has pursued [vertical integration](https://en.wikipedia.org/wiki/Vertical_integration "Vertical integration") since early on, especially with textiles, when Ramon Areces and other shareholders founded Induyco in 1949, and which became a *sociedad anonimo* in 1955. Induyco, in spite of having a non-proprietary relationship with El Corte Inglés, initially had El Corte Inglés as its exclusive wholesale client, and its employees were offered benefits as if they belonged to the same group. Later, Induyco still had El Corte Inglés as its majority client, although the relationship was no longer exclusive, though its share structure remained the same, and Isidoro Alvarez was the president. In 2010 El Corte Inglés integrated Induyco into its corporate structure, and in 2012 it ceased activities.[\[42\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-43) In the field of texties, in addition to Induyco, the company created *Confecciones Teruel* in 1975 and *Industrias del Vestido* in 1976. Both companies got the majority of their capital from the Induyco group which itself was part of *Investronica* and *Invesgen*. Its creation was motivated by labor conflicts which occurred at Induyco during those years.[\[43\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-44) In the field of supplying special materials for sale, the company created *Mostoles Industrial* in the same way as Induyco. *Mostoles Industrial*, unlike Induyco, retained El Corte Inglés as its exclusive customer while having a non-proprietary relationship with it. *Mostoles* is most well known for its production of kitchen furniture for the "Forlady" brand. On the side of real estate development, the company created *Construcción, Promociones e Instalaciones S.A.* in 1976, whose capital is derived in its entirety from the El Corte Inglés group, and which is responsible for the construction of new stores and renovation of existing ones. ### Publicity and advertising \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=15 "Edit section: Publicity and advertising")\] El Corte Inglés has one of the biggest advertising budgets in Spain. In 2011, the group was the biggest advertiser in Spain, with an investment of 171.3 million euros, and as an individual El Corte Inglés itself was the third biggest, with a budget of 99.8 million euros.[\[44\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-45) The company periodically conducts large publicity campaigns like *Semana Fanstisca* (Fantasic Week) and the *Ocho Dias de Oro* (the Eight Golden Days) by announcing discounts on its products. On the [Christmas](https://en.wikipedia.org/wiki/Christmas "Christmas") holiday, it organizes an animation spectacle called "Cortylandia" in its main stores. Furthermore, part of El Corte Inglés' [company culture](https://en.wikipedia.org/wiki/Organizational_culture "Organizational culture") includes sponsoring a number of activities that also serve as a form of advertising. For example, the El Corte Inglés Rally is a [rally race](https://en.wikipedia.org/wiki/Rallying "Rallying") that ran on the [Canary Islands](https://en.wikipedia.org/wiki/Canary_Islands "Canary Islands") from 1977 to 2001. ## Flagship stores \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=16 "Edit section: Flagship stores")\] ### Madrid-Castellana flagship \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=17 "Edit section: Madrid-Castellana flagship")\] The chain's [Spanish](https://en.wikipedia.org/wiki/Spanish_language "Spanish language"): *buque insignia* ([flagship](https://en.wikipedia.org/wiki/Flagship_store "Flagship store")) department store is **El Corte Inglés Castellana** in Madrid's Tetuán district, in the Cuatro Caminos neighbourhood, just west of [Paseo de la Castellana](https://en.wikipedia.org/wiki/Paseo_de_la_Castellana "Paseo de la Castellana") boulevard and [Nuevos Ministerios](https://en.wikipedia.org/wiki/Nuevos_Ministerios "Nuevos Ministerios") station. It opened in 1969 and its biggest extension opened on 7 October 2011 on the site of the [Windsor Building](https://en.wikipedia.org/wiki/Windsor_Tower_\(Madrid\) "Windsor Tower (Madrid)") which caught fire in 2005 and was demolished. In its place, the [Torre Titania](https://en.wikipedia.org/wiki/Torre_Titania "Torre Titania") tower, which connects to the original store, was built. It was designed by architects Pablo Muñoz López and Pedro Vilata Capón/Capont.[\[45\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-46) The complex encompasses several buildings. The largest has 27 floors, including five below ground dedicated providing parking for 1,600 cars. There are two block of two technical floors each which house engine rooms, air treatment units, elevator machinery, etc. There is a total floor area of 170,000 m2 (1,800,000 sq ft) of which 70,000 m2 (750,000 sq ft) is dedicated to retail sales, thus ranking among the [20 largest department store locations](https://en.wikipedia.org/wiki/Department_store#Largest_flagship_stores "Department store") currently in operation worldwide. The company spent around 300 million euro[\[46\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-47) from 2008 through 2011 with the construction of a new building at Castellana 85, dedicated to decoration, that was then integrated with the existing one. After the remodeling and reorganization, merchandise was presented in a differentiated and themed way, in addition to new brands, services, and spaces, such as the *Gourmet Experience* a [food hall](https://en.wikipedia.org/wiki/Food_hall "Food hall") with sales of gourmet products, and dining options such as seafood, Asian, Italian, Iberian specialties, hamburgers, grilled meats and fish, cheeses, skewers, fresh pastries, and fresh juices.[\[47\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-corte-castellana-sqm-48) The Castellana flagship location carries the most comprehensive collection of designers of any large store in Spain. Designer boutiques in the store include [Hermès](https://en.wikipedia.org/wiki/Herm%C3%A8s "Hermès"), [Louis Vuitton](https://en.wikipedia.org/wiki/Louis_Vuitton "Louis Vuitton"), [Cartier](https://en.wikipedia.org/wiki/Cartier_SA "Cartier SA"), [Armani](https://en.wikipedia.org/wiki/Armani "Armani"), [Armani Jeans](https://en.wikipedia.org/wiki/Armani_Jeans_\(brand\) "Armani Jeans (brand)"), [Armani Collezioni](https://en.wikipedia.org/wiki/Armani_Collezioni "Armani Collezioni"), [Gucci](https://en.wikipedia.org/wiki/Gucci "Gucci"), [Loewe](https://en.wikipedia.org/wiki/Loewe,_S.A. "Loewe, S.A."), [Dockers](https://en.wikipedia.org/wiki/Dockers_\(brand\) "Dockers (brand)"), [Ralph Lauren](https://en.wikipedia.org/wiki/Ralph_Lauren "Ralph Lauren"), [Bulgari](https://en.wikipedia.org/wiki/Bulgari "Bulgari"), [Dior](https://en.wikipedia.org/wiki/Dior "Dior"), [Dior Homme](https://en.wikipedia.org/wiki/Dior_Homme "Dior Homme"), Georges Rech, [Versace](https://en.wikipedia.org/wiki/Versace "Versace"), [Hugo Boss](https://en.wikipedia.org/wiki/Hugo_Boss "Hugo Boss"), Boss Woman, [Ermenegildo Zegna](https://en.wikipedia.org/wiki/Ermenegildo_Zegna_Group "Ermenegildo Zegna Group"), [Tommy Hilfiger](https://en.wikipedia.org/wiki/Tommy_Hilfiger "Tommy Hilfiger"), [Dolce\&Gabbana](https://en.wikipedia.org/wiki/Dolce%26Gabbana "Dolce&Gabbana"), [Burberry (men/women)](https://en.wikipedia.org/wiki/Burberry "Burberry"), [Façonnable](https://en.wikipedia.org/wiki/Fa%C3%A7onnable "Façonnable"), [Pal Zileri](https://en.wikipedia.org/wiki/Pal_Zileri "Pal Zileri"), [Paul & Shark](https://en.wikipedia.org/wiki/Paul_%26_Shark "Paul & Shark"), [Lacoste](https://en.wikipedia.org/wiki/Lacoste "Lacoste"), Pavillon Christofle, [CH by Carolina Herrera](https://en.wikipedia.org/wiki/Carolina_Herrera_\(fashion_designer\) "Carolina Herrera (fashion designer)"), [Escada Sport](https://en.wikipedia.org/wiki/Escada "Escada"), [James Purdey and Sons](https://en.wikipedia.org/wiki/James_Purdey_and_Sons "James Purdey and Sons"), [Lloyd's](https://en.wikipedia.org/wiki/Lloyd%27s "Lloyd's"), Purificación García, [Calvin Klein](https://en.wikipedia.org/wiki/Calvin_Klein "Calvin Klein"), Caroll Paris, Amitie, and Episode. The store has its own brands (Emidio Tucci, Dustin).\[*[citation needed](https://en.wikipedia.org/wiki/Wikipedia:Citation_needed "Wikipedia:Citation needed")*\] Also in the complex is a branch of the Madrid-based Aldeo jewelers, carrying such jewellery designers as [Boucheron](https://en.wikipedia.org/wiki/Boucheron "Boucheron"), [Blancpain](https://en.wikipedia.org/wiki/Blancpain "Blancpain") and [Hamilton](https://en.wikipedia.org/wiki/Hamilton_Watch_Company "Hamilton Watch Company").\[*[citation needed](https://en.wikipedia.org/wiki/Wikipedia:Citation_needed "Wikipedia:Citation needed")*\] ### Preciados–Callao store \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=18 "Edit section: Preciados–Callao store")\] The Preciados–Callao store complex in the heart of Madrid consists of 4 buildings, including the original flagship Madrid stores of El Corte Inglés and Galerías Preciados:[\[48\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-49) - [Calle de Preciados](https://en.wikipedia.org/wiki/Calle_de_Preciados "Calle de Preciados") \#3–5, 7 stories, original flagship of the chain, opened 1945 at \#3, expanded 1955 to \#5[\[49\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-50) - men's, women's and children's clothing and accessories including some sports apparel, cosmetics and fragrances, plus a café and restaurant - [Plaza de Callao](https://en.wikipedia.org/wiki/Callao_Square "Callao Square") \#2. Built 1964-8, architects Antonio Perpiñá Sebriá([es](https://es.wikipedia.org/wiki/Antonio_Perpi%C3%B1%C3%A1_Sebri%C3%A1 "es:Antonio Perpiñá Sebriá")) and Luis Iglesias[\[50\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-51) on site of [Hotel Florida](https://en.wikipedia.org/wiki/Hotel_Florida_\(Madrid\) "Hotel Florida (Madrid)") as the flagship of [Galerías Preciados](https://en.wikipedia.org/wiki/Galer%C3%ADas_Preciados "Galerías Preciados") which moved from adjacent [Preciados](https://en.wikipedia.org/wiki/Calle_de_Preciados "Calle de Preciados") \#28, now [Fnac](https://en.wikipedia.org/wiki/Fnac "Fnac"). 9 stories - home and other non-apparel departments including the *Gourmet Experience* [food hall](https://en.wikipedia.org/wiki/Food_hall "Food hall") on floor 9 - Plaza de la [Puerta del Sol](https://en.wikipedia.org/wiki/Puerta_del_Sol "Puerta del Sol") \#10, 4 stories - sports clothing and accessories, sporting goods - Calle Maestro Victoria \#6, 1 story (pet supplies) ## Brands \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=19 "Edit section: Brands")\] - *El Corte Inglés* department stores, *Hipercor* hypermarkets, *Supercor* urban supermarkets | | | | | |---|---|---|---| | Clothing *Alía* *Dustin* *Easy Wear* *Emidio Tucci* (men's formalwear) *Énfasis* *Formul@ Joven* *Gloria Ortiz* (clothing, accessories) *Lloyd's* *[Sfera](https://en.wikipedia.org/wiki/Sfera_\(retailer\) "Sfera (retailer)")* *Yera* *Unit* | Sports apparel *Boomerang* *Runfit* (Hipercor only) Cosmetics *Línea Pura* *Oleada* *Plantea* (skin care) *Veckia* Home furnishings (only at El Corte Inglés stores) *Privium* *Urban-Chic* *Urban-Class* *Casa Actual* | Home appliances and electronics *Saivod* *Ansonic:* (only in Hipercor) *Digrato* (coffee machines/capsules) *Inves* (software) Culture *Ámbito Cultural*: cultural events, expositions, literary prizes, cinematography, musical and painting awards, scholarships. *Cineclub*: collection of classic cinema. *Pitiflú*: children's entertainment, including storytelling, magic shows, workshops, puppet shows, children's theater and circus events. *Rubiños 1860*: bookstore. | Food *Aliada*: generic brand *Special Line*: [diet foods](https://en.wikipedia.org/wiki/Diet_food "Diet food") Telecom *Sweno* *Telecor* Cryptocurrency *Bitcor* Private security *Sicor* Other *La Tienda en Casa*: telesales via television and internet *Oralli*: travel accessories *Doblecero*: loyalty card *Primeriti*: private online sales club | ## Gallery \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=20 "Edit section: Gallery")\] - [![Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)](https://upload.wikimedia.org/wikipedia/commons/thumb/8/88/Torre_Titania_%28Madrid%29_08.jpg/120px-Torre_Titania_%28Madrid%29_08.jpg)](https://en.wikipedia.org/wiki/File:Torre_Titania_\(Madrid\)_08.jpg "Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)") Exterior of the flagship store at the [Torre Titania](https://en.wikipedia.org/wiki/Torre_Titania "Torre Titania") in [Castellana](https://en.wikipedia.org/wiki/Castellana_\(Madrid\) "Castellana (Madrid)"), [Madrid](https://en.wikipedia.org/wiki/Madrid "Madrid") (2014) - [![Aranda de Duero store](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b7/El_Corte_Ingl%C3%A9s_%286033309835%29.jpg/120px-El_Corte_Ingl%C3%A9s_%286033309835%29.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s_\(6033309835\).jpg "Aranda de Duero store") [Aranda de Duero](https://en.wikipedia.org/wiki/Aranda_de_Duero "Aranda de Duero") store - [![Plaça Catalunya store, Barcelona](https://upload.wikimedia.org/wikipedia/commons/thumb/d/d3/El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg/120px-El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg "Plaça Catalunya store, Barcelona") [Plaça Catalunya](https://en.wikipedia.org/wiki/Pla%C3%A7a_Catalunya "Plaça Catalunya") store, [Barcelona](https://en.wikipedia.org/wiki/Barcelona "Barcelona") - [![Córdoba store](https://upload.wikimedia.org/wikipedia/commons/thumb/d/d8/El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg/120px-El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s,_en_C%C3%B3rdoba_\(Espa%C3%B1a\).jpg "Córdoba store") [Córdoba](https://en.wikipedia.org/wiki/C%C3%B3rdoba,_Spain "Córdoba, Spain") store - [![Elche (Elx) store, 2009](https://upload.wikimedia.org/wikipedia/commons/thumb/a/a2/Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg/120px-Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg)](https://en.wikipedia.org/wiki/File:Elche_-_Centro_Comercial_Ciudad_de_Elche_\(El_Corte_Ingl%C3%A9s,_Hipercor\)_09.jpg "Elche (Elx) store, 2009") [Elche](https://en.wikipedia.org/wiki/Elche "Elche") (Elx) store, 2009 - [![Murcia store at Christmastime 2023](https://upload.wikimedia.org/wikipedia/commons/thumb/1/1b/El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg/120px-El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg "Murcia store at Christmastime 2023") [Murcia](https://en.wikipedia.org/wiki/Murcia "Murcia") store at Christmastime 2023 - [![Porto, Portugal store](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b1/Oporto_%28Portugal%29_%2825643990184%29.jpg/120px-Oporto_%28Portugal%29_%2825643990184%29.jpg)](https://en.wikipedia.org/wiki/File:Oporto_\(Portugal\)_\(25643990184\).jpg "Porto, Portugal store") [Porto](https://en.wikipedia.org/wiki/Porto "Porto"), [Portugal](https://en.wikipedia.org/wiki/Portugal "Portugal") store - [![The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area](https://upload.wikimedia.org/wikipedia/commons/thumb/a/a8/Hipercor_Xanadu.jpg/120px-Hipercor_Xanadu.jpg)](https://en.wikipedia.org/wiki/File:Hipercor_Xanadu.jpg "The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area") The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area ## Notes \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=21 "Edit section: Notes")\] 1. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-2)** Spanish pronunciation: [\[el ˈkoɾte jŋˈɡles\]](https://en.wikipedia.org/wiki/Help:IPA/Spanish "Help:IPA/Spanish"); Spanish for "the English Cut" (as in "the English style of dressmaking") ## References \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=22 "Edit section: References")\] 1. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-Corporate_Information_1-0)** ["Corporate Information"](https://www.elcorteingles.es/informacioncorporativa/en/). Retrieved 31 January 2019. 2. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-3)** ["El Corte Inglés"](https://www.iads.org/web/home-public/2310-el-corte-ingles.php). *www.iads.org*. Retrieved 22 April 2021. 3. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-4)** ["News releases - www.stockmanngroup.com"](http://www.stockmanngroup.com/en/news-releases/-/stock/showDisclosure/93093/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA). *www.stockmanngroup.com*. Retrieved 20 June 2021. 4. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-5)** "[Home](http://www.elcorteinglescorporativo.es/elcorteinglescorporativo/elcorteinglescorporativo/cambiarIdioma.do?LANG=en)." El Corte Inglés Corporate. Retrieved on 17 December 2010. "El Corte Inglés, S.A. Hermosilla, 112. 28009 Madrid." 5. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-6)** ["El Corte Inglés rises to the world podium of department stores"](https://www.abc.es/economia/abci-corte-ingles-sube-podio-mundial-grandes-almacenes-201808290103_noticia.html). 29 August 2018. Retrieved 31 January 2019. 6. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-7)** ["DGAP-Media: JAXX subsidiary Serviapuestas signs exclusive deal with Europe's largest retail group El Corte Inglés"](http://www.finanznachrichten.de/nachrichten-2010-11/18550065-dgap-media-jaxx-subsidiary-serviapuestas-signs-exclusive-deal-with-europe-s-largest-retail-group-el-corte-ingles-015.htm). Retrieved 3 June 2017. 7. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-8)** González, Aníbal (9 March 2007). ["La rebelión de la familia Areces contra Isidoro Alvarez aboca a El Corte Inglés a salir a Bolsa"](https://www.elconfidencial.com/mercados/2007-03-09/la-rebelion-de-la-familia-areces-contra-isidoro-alvarez-aboca-a-el-corte-ingles-a-salir-a-bolsa_843099/). *elconfidencial.com* (in Spanish). Retrieved 30 June 2022. 8. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-9)** ["La idea de un nuevo negocio"](https://web.archive.org/web/20130521164949/http://www.ceccadiz.org/portalcomun/pymes/creacion_empresa/pdfs/Manual%20CG/MODULO%201.PDF) (PDF) (in Spanish). ceccadiz.org. Archived from [the original](http://www.ceccadiz.org/portalcomun/pymes/creacion_empresa/pdfs/Manual%20CG/MODULO%201.PDF) (PDF) on 21 May 2013. Retrieved 10 December 2024. 9. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-10)** ["Los grandes almacenes pierden en España su carácter de negocio familiar"](https://elpais.com/diario/1981/07/12/economia/363736813_850215.html). *El País* (in Spanish). 11 July 1981. [ISSN](https://en.wikipedia.org/wiki/ISSN_\(identifier\) "ISSN (identifier)") [1134-6582](https://search.worldcat.org/issn/1134-6582). Retrieved 30 June 2022. 10. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-11)** ["Isidoro Álvarez asume la presidencia de El Corte Inglés y de la Fundación Ramón Areces"](http://elpais.com/diario/1989/08/02/economia/618012006_850215.html). *El País*. 2 August 1989. Retrieved 3 June 2017. 11. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-12)** Ruano, Carlos (8 October 2013). ["Spain's Santander to buy 51 percent of El Corte Inglés finance arm"](https://www.reuters.com/article/us-santander-elcorteingles-idUSBRE9960EX20131007). Reuters. 12. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-13)** ["El Corte Inglés cierra en el centro de Barcelona: baja la persiana en Plaza Cataluña"](https://www.modaes.com/empresa/el-corte-ingles-cierra-en-plaza-cataluna). *www.modaes.com* (in Spanish). Retrieved 30 June 2022. 13. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-14)** Group, IT Digital Media (27 November 2019). ["El Corte Inglés vende IECISA a GFI por más de 300 millones de euros \| Actualidad"](https://www.ituser.es/actualidad/2019/11/el-corte-ingles-vende-iecisa-a-gfi-por-mas-de-300-millones-de-euros). *IT User* (in Spanish). Retrieved 30 June 2022. `{{cite web}}`: `|last=` has generic name ([help](https://en.wikipedia.org/wiki/Help:CS1_errors#generic_name "Help:CS1 errors")) 14. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-15)** DÍAS, CINCO (14 July 2020). ["El Corte Inglés compra la empresa de seguridad Mega 2 para diversificar negocios"](https://cincodias.elpais.com/cincodias/2020/07/14/companias/1594726305_154624.html). *Cinco Días* (in Spanish). Retrieved 11 May 2022. 15. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-16)** ["El fin del sueño californiano golpea a El Corte Inglés \| soitu.es"](http://www.soitu.es/soitu/2009/07/13/actualidad/1247439719_844752.html). *www.soitu.es*. Retrieved 30 June 2022. 16. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-17)** ["El Corte Inglés - información corporativa"](https://www.elcorteingles.es/informacioncorporativa/elcorteinglescorporativo/portal.do?IDM=160&NM=3). *www.elcorteingles.es*. Retrieved 3 June 2017. 17. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-18)** Press, Europa (30 September 2020). ["El Corte Inglés materializa este jueves la absorción de Sfera"](https://www.europapress.es/economia/noticia-corte-ingles-materializa-jueves-absorcion-sfera-20200930102832.html) \[El Corte Inglés materializes this Thursday the absorption of Sfera\]. *www.europapress.es*. Retrieved 10 December 2023. 18. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-ar2022_19-0)** [Non-financial statement 2022](https://www.elcorteingles.es/recursos/informacioncorporativa/doc/portal/2023/07/24/informe-no-financiero-en72883.pdf) (PDF) (Report). El Corte Inglés S.A. 2022. pp. 24–26. Retrieved 10 December 2023. 19. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-20)** ["Quiénes somos - Financiera El Corte Inglés"](https://www.financieraelcorteingles.es/es/corporativas/quienes-somos/). *www.financieraelcorteingles.es*. Retrieved 2 July 2022. 20. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-21)** Ropero, Javier García (12 August 2020). ["El Corte Inglés culmina la adquisición de Mega-2 integrándola en Parinver"](https://cincodias.elpais.com/cincodias/2020/08/11/companias/1597173179_596365.html). *Cinco Días* (in Spanish). Retrieved 2 July 2022. 21. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-22)** ["Amazon lidera el ecommerce en España, con una facturación de 871 MM€ en 2016; El Corte Inglés segundo con 651 MM€ - Ecommerce News"](https://web.archive.org/web/20200224175536/https://ecommerce-news.es/amazon-ecommerce-el-corte-ingles-facturacion-57957). 24 February 2020. Archived from [the original](https://ecommerce-news.es/amazon-ecommerce-el-corte-ingles-facturacion-57957) on 24 February 2020. Retrieved 2 July 2022. 22. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-23)** ["Así aborda El Corte Inglés el reto del "e-commerce""](https://www.expansion.com/economia-digital/protagonistas/2016/11/10/582338c3ca474166618b4575.html). *Expansión.com* (in Spanish). 10 November 2016. Retrieved 2 July 2022. 23. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-24)** ["Global Powers of Retailing 2022"](https://www2.deloitte.com/global/en/pages/consumer-business/articles/global-powers-of-retailing.html). *Deloitte*. Retrieved 1 July 2022. 24. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-25)** Semana (19 September 2008). ["El poder de las Empresas Familiares en el Mundo"](https://www.semana.com/opinion/opinion-on-line/articulo/el-poder-empresas-familiares-mundo/68415/). *Semana.com Últimas Noticias de Colombia y el Mundo* (in Spanish). Retrieved 1 July 2022. 25. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-26)** perpe (27 August 2012). ["Ventas y beneficios de El Corte Inglés"](https://www.perpe.es/2012/08/27/wc3512/). *Perpe*. Retrieved 1 July 2022. 26. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-27)** ["Información Corporativa Grupo El Corte Inglés, 19/06/2020"](https://www.elcorteingles.es/informacioncorporativa/es/). Retrieved 19 June 2020. 27. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-prensa.elcorteinglescorporativo_1_28-0)** El Corte Inglés (Spain) (ed.). ["El Corte Inglés (corporate information)"](https://web.archive.org/web/20141016052111/http://prensa.elcorteinglescorporativo.es/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10). Archived from [the original](http://prensa.elcorteinglescorporativo.es/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10) on 16 October 2014. Retrieved 6 June 2020. 28. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-29)** ["El Corte Inglés will resist any IPO moves -sources"](https://web.archive.org/web/20140808062019/http://www.reuters.com/article/2007/07/05/idUSL057819020070705). *[Reuters](https://en.wikipedia.org/wiki/Reuters "Reuters")*. 8 August 2014. Archived from [the original](http://www.reuters.com/article/2007/07/05/idUSL057819020070705) on 8 August 2014. Retrieved 1 July 2022. 29. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-30)** Ugalde, Ruth (16 September 2014). ["Isidoro Álvarez deja una herencia de 1.500 millones en acciones de El Corte Inglés"](https://www.elconfidencial.com/empresas/2014-09-16/isidoro-alvarez-deja-una-herencia-de-1-500-millones-en-acciones-de-el-corte-ingles_196740/). *elconfidencial.com* (in Spanish). Retrieved 1 July 2022. 30. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-31)** ["El Corte Inglés tendrá dos consejeros delegados, Del Pozo y Nuño de la Rosa"](https://www.lavanguardia.com/vida/20171023/432303349051/el-corte-ingles-tendra-dos-consejeros-delegados-del-pozo-y-nuno-de-la-rosa.html). *La Vanguardia* (in Spanish). 23 October 2017. Retrieved 1 July 2022. 31. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-32)** ["La juez condena a El Corte Inglés a pagar a César Areces 98,5 millones por sus acciones"](https://elpais.com/economia/2007/04/17/actualidad/1176795182_850215.html). *El País* (in Spanish). 17 April 2007. [ISSN](https://en.wikipedia.org/wiki/ISSN_\(identifier\) "ISSN (identifier)") [1134-6582](https://search.worldcat.org/issn/1134-6582). Retrieved 1 July 2022. 32. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-33)** ["Consejo de Administración"](https://www.elcorteingles.es/informacioncorporativa/es/gobierno-corporativo/consejo-de-administracion/). *El Corte Inglés*. Retrieved 2 July 2022. 33. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-34)** ["Marta Álvarez, elegida nueva presidenta de El Corte Inglés por unanimidad"](https://www.abc.es/economia/abci-marta-alvarez-nueva-presidenta-corte-ingles-unanimidad-201907101506_noticia.html). *abc* (in Spanish). 10 July 2019. Retrieved 2 July 2022. 34. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-35)** ["Compromisos con el cliente"](https://www.elcorteingles.es/informacioncorporativa/es/quienes-somos/el-corte-ingles-de-un-vistazo/compromisos-con-el-cliente/). *El Corte Inglés*. Retrieved 2 July 2022. 35. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-36)** elEconomista.es. ["El corte inglés empleaba a 99.323 personas en 2011, frente a las 102.699 de 2010 - elEconomista.es"](https://www.eleconomista.es/economia/noticias/4205552/08/12/El-corte-ingles-empleaba-a-99323-personas-en-2011-frente-a-las-102699-de-2010.html). *www.eleconomista.es* (in Spanish). Retrieved 3 July 2022. 36. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-37)** Requena, A. (3 June 2013). ["El Corte Inglés, condenado por discriminación salarial a sus trabajadoras"](https://www.eldiario.es/economia/corte-ingles-condenado-discriminacion-salarial_1_5699027.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022. 37. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-38)** elDiariocv (13 September 2014). ["CCOO denuncia persecución sindical en El Corte Inglés"](https://www.eldiario.es/comunitat-valenciana/ccoo-denuncia-persecucion-corte-ingles_1_4652944.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022. 38. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-39)** ["Explotación en El Corte Inglés: Atreverse a luchar, atreverse a vencer – Rebelion"](https://rebelion.org/explotacion-en-el-corte-ingles-atreverse-a-luchar-atreverse-a-vencer/) (in Spanish). Retrieved 3 July 2022. 39. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-40)** ["SNet: INDITEX (Zara), MANGO, CORTEFIEL e INDUYCO-EL CORTE INGLÉS, DENUNCIADAS por EXPLOTACIÓN LABORAL en el TERCER MUNDO"](https://web.archive.org/web/20220703163625/https://antigua.solidaridad.net/noticia/1166/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t). *antigua.solidaridad.net*. Archived from [the original](https://antigua.solidaridad.net/noticia/1166/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t) on 3 July 2022. Retrieved 3 July 2022. 40. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-41)** ["SNet: El Corte Inglés controla más del 90% de los grandes almacenes y subcontrata en Tanger con salarios de miseria"](https://web.archive.org/web/20221003164412/https://antigua.solidaridad.net/noticia/3634/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de). *antigua.solidaridad.net*. Archived from [the original](https://antigua.solidaridad.net/noticia/3634/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de) on 3 October 2022. Retrieved 3 July 2022. 41. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-42)** ["SNet: INDITEX (Zara), El Corte Inglés Y MAYORAL ACUSADAS de COMPLICIDAD en la VIOLACIÓN de DERECHOS HUMANOS y LABORALES en MARRUECOS"](https://web.archive.org/web/20220703163621/https://antigua.solidaridad.net/noticia/953/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos). *antigua.solidaridad.net*. Archived from [the original](https://antigua.solidaridad.net/noticia/953/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos) on 3 July 2022. Retrieved 3 July 2022. 42. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-43)** ["El Corte Inglés integra a Induyco \| CondeNast - Profesional"](https://web.archive.org/web/20101018025450/http://www.condenast-profesional.es/articulos/el-corte-ingles-integra-a-induyco/9570). 18 October 2010. Archived from [the original](http://www.condenast-profesional.es/articulos/el-corte-ingles-integra-a-induyco/9570) on 18 October 2010. Retrieved 4 July 2022. 43. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-44)** *Luchas Autonomos en la Transicion Democratica* (in Spanish). Madrid, Spain: Promocion del Pueblo. 1977. 44. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-45)** Redacción (28 February 2012). ["InfoAdex: El Corte Inglés y P\&G, los principales anunciantes en España en 2011"](https://www.marketingdirecto.com/marketing-general/publicidad/infoadex-el-corte-ingles-y-pg-los-principales-anunciantes-en-espana-en-2011). *Marketing Directo* (in Spanish). Retrieved 4 July 2022. 45. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-46)** ["Los compradores estrenan la antigua torre Windsor"](https://elpais.com/diario/2011/01/17/madrid/1295267055_850215.html) \[The buyers unveil the old Windsor Tower\]. *El País* (in Spanish). 17 January 2011. Retrieved 10 December 2023. 46. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-47)** ["El Corte Inglés abre su "buque insignia" de Castellana, con una inversión de más de 300 millones"](https://www.telemadrid.es/noticias/madrid/Corte-Ingles-insignia-Castellana-inversion-0-1294970492--20111027082920.html) \[El Corte Inglés opens its "flagship" of Castellana, with an investment of more than 300 million\]. *Telemadrid* (in Spanish). 27 October 2011. Retrieved 10 December 2023. 47. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-corte-castellana-sqm_48-0)** ["El Corte Inglés de Castellana se sitúa a la cabeza de la innovación con nuevos espacios y conceptos"](https://www.elcorteingles.es/informacioncorporativa/es/comunicacion/notas-de-prensa/el-corte-ingles-de-castellana-se-situa-a-la-cabeza-de-la-innovacion-con-nuevos-espacios-y-conceptos.html) \[El Corte Inglés Castellana Store at Head of Innovation with its New Spaces and Concepts\]. *El Corte Inglés* (in European Spanish). 26 October 2011. Retrieved 10 December 2023. 48. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-49)** ["Departamentos en El Corte Inglés Preciados–Callao"](https://www.elcorteingles.es/centroscomerciales/es/eci/centros/centro-comercial-preciados-callao/departamentos/por_plantas). *El Corte Inglés*. Retrieved 7 January 2024. 49. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-50)** ["Historia del Grupo"](https://www.elcorteingles.es/informacioncorporativa/es/quienes-somos/historia-del-grupo/) \[History of the Group\]. *El Corte Inglés*. Retrieved 7 January 2024. 50. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-51)** Capitel, Antón (18 August 2019). ["La Gran Vía de Madrid. Breve biografía crítica de una gran calle (IV)"](https://veredes.es/blog/la-gran-via-madrid-breve-biografia-critica-una-gran-calle-iv-anton-capitel/) \[The Gran Vía of Madrid. Brief critical biography of a great street (IV)\]. *Veredes, arquitectura y divulgación* (in Spanish). 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| | | |---|---| | [![](https://upload.wikimedia.org/wikipedia/commons/thumb/0/02/Logo_Corte_Ingl%C3%A9s.svg/250px-Logo_Corte_Ingl%C3%A9s.svg.png)](https://en.wikipedia.org/wiki/File:Logo_Corte_Ingl%C3%A9s.svg) | | | [![](https://upload.wikimedia.org/wikipedia/commons/thumb/6/6a/Marbella_-_El_Corte_Ingl%C3%A9s%2C_Centro_Comercial_Costa_Marbella_5.jpg/250px-Marbella_-_El_Corte_Ingl%C3%A9s%2C_Centro_Comercial_Costa_Marbella_5.jpg)](https://en.wikipedia.org/wiki/File:Marbella_-_El_Corte_Ingl%C3%A9s,_Centro_Comercial_Costa_Marbella_5.jpg)Exterior of the store in [Marbella](https://en.wikipedia.org/wiki/Marbella "Marbella") (2019) | | | Company type | [Sociedad Anónima](https://en.wikipedia.org/wiki/S.A._\(corporation\) "S.A. (corporation)") | | Industry | [Retail](https://en.wikipedia.org/wiki/Retail "Retail") | | Genre | [Department stores](https://en.wikipedia.org/wiki/Department_store "Department store") | | Founded | 28 June 1940; 85 years ago in [Madrid](https://en.wikipedia.org/wiki/Madrid "Madrid"), [Spain](https://en.wikipedia.org/wiki/Spain "Spain") | | Founders | [Ramón Areces](https://en.wikipedia.org/wiki/Ram%C3%B3n_Areces "Ramón Areces") César Rodríguez | | Headquarters | Madrid, Spain | | Number of locations | 83 (2023) | | Areas served | [Spain](https://en.wikipedia.org/wiki/Spain "Spain") [Portugal](https://en.wikipedia.org/wiki/Portugal "Portugal") | | Key people | Victor del Pozo (chairman) Marta Álvarez Guil (president) | | Products | Clothing footwear accessories bedding furniture jewelry beauty products housewares | | Revenue | ![Increase](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png) €15.783 billion (2018) | | [Net income](https://en.wikipedia.org/wiki/Net_income "Net income") | ![Increase](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png) €258 million (2018) | | Number of employees | ![Increase](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png) 90,004 (2018) | | [Subsidiaries](https://en.wikipedia.org/wiki/Subsidiary "Subsidiary") | Hipercor Bricor Supercor Opencor Viajes El Corte Inglés Informática El Corte Inglés | | Website | [elcorteingles.es](http://elcorteingles.es/) | | **Footnotes / references** [\[1\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-Corporate_Information-1) | | **El Corte Inglés S.A.**[\[a\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-2) is a Spanish [department store](https://en.wikipedia.org/wiki/Department_store "Department store") chain founded in 1940 by [Ramón Areces](https://en.wikipedia.org/wiki/Ram%C3%B3n_Areces "Ramón Areces") and César Rodríguez. It is the last such remaining in [Spain](https://en.wikipedia.org/wiki/Spain "Spain") and [Portugal](https://en.wikipedia.org/wiki/Portugal "Portugal"), and has been a member of the [International Association of Department Stores](https://en.wikipedia.org/wiki/International_Association_of_Department_Stores "International Association of Department Stores") since 1998.[\[2\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-3)[\[3\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-4) It is the largest department store group in Europe,[\[4\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-5) and the third-largest in the world.[\[5\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-6)[\[6\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-7)[\[7\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-8) In 1934, the founders Ramón Areces Rodriguez and Cesar Rodriguez Gonzalez bought a tailor's shop (which began in 1890) located on one of [Madrid](https://en.wikipedia.org/wiki/Madrid "Madrid")'s central streets, *[calle Preciados](https://en.wikipedia.org/wiki/Calle_Preciados "Calle Preciados")*, at the corner of *calle Carmen* and *calle Rompelanzas.* They made it into a [limited company](https://en.wikipedia.org/wiki/Limited_company "Limited company"). The property where the shop was located had been owned by Julián Gordo Centenera since 1930.[\[8\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-9) The prime location of the property soon attracted the attention of an [Asturian](https://en.wikipedia.org/wiki/Asturias "Asturias") businessman, Pepin Fernandez, who was looking to expand a business called *Sederias Carretas* which he had started in 1934 with a capital contribution from his cousin Cesar Rodriguez Gonzales. His plan was to purchase all of the properties on the block to construct a new building to house his business, a vision which was later realized in the form of [Galerias Preciados](https://en.wikipedia.org/wiki/Galer%C3%ADas_Preciados "Galerías Preciados").[\[9\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-10) Around 1920, at 15, Areces had gone to [Havana](https://en.wikipedia.org/wiki/Havana "Havana"), [Cuba](https://en.wikipedia.org/wiki/Cuba "Cuba"), and worked at the famous retail chain Almacenes El Encanto, where he learned the basics of department store business. Cesar Rodriguez had asked Pepin Fernandez to hire his nephew Ramon Areces in *Sederias Carretas* shortly after his return from Cuba. Pepin refused, so Cesar requested that he at least allow Ramon to operate El Corte Inglés while plans to acquire the block and construct the new building were finalized. Pepin, who had also learned the department store business at *Almacenes El Encanto*, accepted the request, and transferred ownership of El Corte Inglés to Cesar on 23 December 1935, and acquired the property where it was located on behalf of *Sederias Carretas* soon after. Once Cesar took ownership of El Corte Inglés, he designated Ramon Areces as manager, a position which he held until his death, including during the [Spanish civil war](https://en.wikipedia.org/wiki/Spanish_Civil_War "Spanish Civil War"). When the war ended in 1939, El Corte Inglés moved to *calle Preciados*, on the corner of *calle Tetuan*, near the location of *Almacenes el Aguila*, to make way for the new Galerias Preciados building. In 1940, Areces turned the tailor's shop into a [*sociedad limitada*](https://en.wikipedia.org/wiki/Private_limited_company "Private limited company")*,* registering with 1 million pesetas of capital and shares divided equally between Cesar Rodriguez, who became the first president of El Corte Inglés S.L., and Ramon Areces, whose share of the capital contribution came from a loan facilitated by his uncle. As the business expanded, eventually Cesar Rodriguez became the majority shareholder, although Areces remained in charge of strategic decisions and the day-to-day operations of the business. In 1945 and 1946, El Corte Inglés acquired its new building and expanded to encompass 2,000 square meters of retail space on 5 floors, and shifted to a department store organizational style similar to that of Galerias Preciados, which had been operational since 1943. The company saw continuous growth until 1952, when it converted its legal structure from a *sociedad limitada* to a [*sociedad anónima*](https://en.wikipedia.org/wiki/S.A._\(corporation\) "S.A. (corporation)") in which Cesar Rodriguez remained president and majority shareholder, a position which he held until his death in 1966. After this, Ramon Areces, who until then had been managing director, became the president and largest shareholder. The competition between El Corte Inglés and Galerias Preciados in the 1950s and 60's caused a revolution in Spanish retail distribution. Seasonal discounts, organized [ad campaigns](https://en.wikipedia.org/wiki/Advertising_campaign "Advertising campaign"), air conditioned stores, massive use of publicity, large scale use of [display windows](https://en.wikipedia.org/wiki/Display_window "Display window"), customer [loyalty cards](https://en.wikipedia.org/wiki/Loyalty_program "Loyalty program"), [point of sale](https://en.wikipedia.org/wiki/Point_of_sale "Point of sale") data collection, and more. The expansion of El Corte Inglés began in 1962 with the opening of its second department store in [Barcelona](https://en.wikipedia.org/wiki/Barcelona "Barcelona"), and expansion continues until the present. Expansion also diversified into other formats including [Hipercor](https://en.wikipedia.org/wiki/Hipercor "Hipercor"), first introduced in [Seville](https://en.wikipedia.org/wiki/Seville "Seville") in 1980. In 1969, the company started to branch out of the retail sector, first opening a [travel agency](https://en.wikipedia.org/wiki/Travel_agency "Travel agency"), Viajes El Corte Inglés, in 1969, followed by a telecom and computing equipment wholesaler, Investronica, in 1980, and an [IT services](https://en.wikipedia.org/wiki/IT_service_management "IT service management") and [software development](https://en.wikipedia.org/wiki/Software_development "Software development") company, Informática El Corte Inglés (IECISA), in 1986. After Areces died in 1989, his nephew [Isidoro Álvarez](https://en.wikipedia.org/wiki/Isidoro_%C3%81lvarez "Isidoro Álvarez") became his successor and continued to expand the business while emphasizing self-reliant financing methods, opaque management techniques, and careful investment. In 1995, El Corte Inglés bought out Galerías Preciados, which was its only serious competitor. Galerias Preciados had entered bankruptcy.[\[10\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-11) In addition to acquiring its arch-rival, El Corte Inglés purchased all of the [Marks & Spencer](https://en.wikipedia.org/wiki/Marks_%26_Spencer "Marks & Spencer") stores in the [Iberian peninsula](https://en.wikipedia.org/wiki/Iberian_Peninsula "Iberian Peninsula") in 2001. El Corte Inglés entered into a partnership with [Repsol](https://en.wikipedia.org/wiki/Repsol "Repsol") in 1998, through which El Corte Inglés would operate convenience stores at Repsol [fuel stations](https://en.wikipedia.org/wiki/Filling_station "Filling station"). These stores were initially known as Repsol-Supercor, or Repsol-Opencor after 2008, while those not attached to fuel stations were called Opencor. In 2001, El Corte Inglés opened a retail fashion outlet called Sfera. Its first [big-box store](https://en.wikipedia.org/wiki/Big-box_store "Big-box store"), Bricor, specializing in [home decor](https://en.wikipedia.org/wiki/Interior_design "Interior design") and [DIY](https://en.wikipedia.org/wiki/Do_it_yourself "Do it yourself") supplies, opened in 2006. In October 2013, the firm sold a 51% stake in the financing department to the Spanish banking group [Grupo Santander](https://en.wikipedia.org/wiki/Grupo_Santander "Grupo Santander") for around €140 million.[\[11\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-12) From 2014 to 2018 the CEO of the company was [Dimas Gimeno](https://en.wikipedia.org/wiki/Dimas_Gimeno "Dimas Gimeno"). In March 2018, El Corte Inglés closed its store on [La Rambla](https://en.wikipedia.org/wiki/La_Rambla,_Barcelona "La Rambla, Barcelona") of [Barcelona](https://en.wikipedia.org/wiki/Barcelona "Barcelona").[\[12\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-13) In 2019, El Corte Inglés sold IECISA to GFI for €300 million.[\[13\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-14) In June 2020, El Corte Inglés bought the private security and services company MEGA 2 for 28 million euros.[\[14\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-15) ### International expansion \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=2 "Edit section: International expansion")\] The first attempts at international expansion happened in 1981 with the acquisition of the [Harris Company](https://en.wikipedia.org/wiki/Harris_Company "Harris Company"), a chain of mid-sized department stores in the [United States](https://en.wikipedia.org/wiki/United_States "United States"). The venture was unsuccessful, and in 1998 El Corte Inglés made a deal with [Gottschalks](https://en.wikipedia.org/wiki/Gottschalks "Gottschalks"), an American department store chain. Gottschalks took over management of the Harris Company's stores and gave El Corte Inglés 16% of Harris Company stock. It turned out to be a total loss later, when Gottschalks declared [bankruptcy](https://en.wikipedia.org/wiki/Bankruptcy "Bankruptcy") in the aftermath of the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis").[\[15\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-16) That experience led to the company taking a much more conservative approach with its 2001 expansion in Portugal, with a store in [Lisbon](https://en.wikipedia.org/wiki/Lisbon "Lisbon"), followed in 2006 with a store in [Vila Nova de Gaia](https://en.wikipedia.org/wiki/Vila_Nova_de_Gaia "Vila Nova de Gaia"), opposite the city of [Porto](https://en.wikipedia.org/wiki/Porto "Porto"). In 2006, just as it opened its second store outside of Spain (in *Vila Nova de Gaia*), the company announced expansion outside the Iberian Peninsula: Italy was to be the first country to host a store, but owing to the ongoing Eurozone crisis, the plan was suspended, as well as the opening of the third store in Portugal.[\[16\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-17) Various food products bearing the El Corte Inglés brand are marketed in Latin American stores. The business group is divided into the following areas of activity, which are usually commercially configured as companies whose shareholding belongs in its entirety or overwhelmingly majority to El Corte Inglés S.A .: - El Corte Inglés S.A. The parent company, dedicated to distribution through department stores. This was the main activity of the company since its inception. In 2010 it still accounted for 59% of total revenues and about 63.7% of net profit. As of 28 February 2013, El Corte Inglés has 86 centres, 84 in Spain and 2 in Portugal. - [Hipercor](https://en.wikipedia.org/wiki/Hipercor "Hipercor"). Chain of [hypermarkets](https://en.wikipedia.org/wiki/Hypermarket "Hypermarket") dedicated to the distribution of food and household appliances. Hipercor was a response to the entry of French capital into the Spanish market in the 1980s, including [Alcampo](https://en.wikipedia.org/wiki/Alcampo "Alcampo"), Pryca and Continente, with the latter two merging and now operating under the [Carrefour](https://en.wikipedia.org/wiki/Carrefour "Carrefour") brand. As of 28 February 2013, Hipercor has 42 centres in Spain. - Bricor. [Home improvement](https://en.wikipedia.org/wiki/Home_improvement "Home improvement") and home decor retailer. Bricor was a response to the consolidation of the sector by the Adeo group, which was formed from the Auchan group, which owned Alcampo, among other interests. The [Auchan](https://en.wikipedia.org/wiki/Auchan "Auchan") group also owns the [Leroy Merlin](https://en.wikipedia.org/wiki/Leroy_Merlin "Leroy Merlin"), Aki and Bricomart brands in Spain. As of 28 February 2013, Bricor had 16 stores: 14 in Spain and 2 in Portugal. - Supercor / Supercor Exprés. [Supermarket](https://en.wikipedia.org/wiki/Supermarket "Supermarket") and [convenience store](https://en.wikipedia.org/wiki/Convenience_store "Convenience store") chain. Supercor emerged to compete with mid-sized local grocery stores at the end of the 1990s, such as [Caprabo](https://en.wikipedia.org/wiki/Caprabo "Caprabo"), [Eroski](https://en.wikipedia.org/wiki/Eroski "Eroski"), and [Mercadona](https://en.wikipedia.org/wiki/Mercadona "Mercadona"). Supercor Express is a smaller sized convenience store format which was adopted by the company in 2011. The sum total of convenience stores, including Supercor, Supercor Express, and Opencor was 238 as of 28 February 2013. - [Sfera](https://en.wikipedia.org/wiki/Sfera_\(retailer\) "Sfera (retailer)"). [Fashion retailer](https://en.wikipedia.org/wiki/Fashion_retailer "Fashion retailer") stores group. over as of the end of 2022, 490 points of sale - mostly freestanding stores - owned and franchised, including 75 stores-in-store within El Corte Inglés department stores in Spain and Portugal. Sales in fiscal 2020 were 461 million euro.[\[17\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-18) There are stores (as of December 2022) in:[\[18\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-ar2022-19) It was conceived as a response to chains like [H\&M](https://en.wikipedia.org/wiki/H%26M "H&M"), and the Spanish brands [Mango](https://en.wikipedia.org/wiki/Mango_\(retailer\) "Mango (retailer)"), [Zara](https://en.wikipedia.org/wiki/Zara_\(retailer\) "Zara (retailer)"), and Springfield, the latter two of which belong to Inditex and [Cortefiel](https://en.wikipedia.org/wiki/Tendam "Tendam") respectively. ### IT and communications \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=5 "Edit section: IT and communications")\] In the [IT](https://en.wikipedia.org/wiki/IT "IT") and communications fields, El Corte Inglés has three subsidiaries, which are listed in order of establishment: - Informática El Corte Inglés (IECISA). Dedicated to [IT consulting](https://en.wikipedia.org/wiki/IT_consulting "IT consulting"), [software development](https://en.wikipedia.org/wiki/Software_development "Software development") and computing services. - Investrónica. Consumer computing and telephony wholesaler, and former computer manufacturer under the Inves brand. Integrated in IECISA from 2015. - Telecor. Telecommunications services for consumers and businesses. In the service sector, the El Corte Inglés group owns: - [Viajes El Corte Inglés](https://en.wikipedia.org/wiki/Viajes_El_Corte_Ingl%C3%A9s "Viajes El Corte Inglés"). [Travel agency](https://en.wikipedia.org/wiki/Travel_agency "Travel agency") group from a wholesale and retail point of view. As [travel agency](https://en.wikipedia.org/wiki/Travel_agency "Travel agency") it has 599 branches worldwide, 506 of which are in Spain and 93 abroad. - Seguros El Corte Inglés (CESS). Insurance company dedicated to [insurance brokerage](https://en.wikipedia.org/wiki/Insurance_brokerage "Insurance brokerage") and financial and real estate mediation. It has 105 branches, most of which are located in the El Corte Inglés department stores, although some are dedicated Seguros El Corte Inglés storefronts. - Financiera El Corte Inglés. A consumer credit company that finances purchases for customers and distributes the El Corte Inglés shopping card. Present in Spain and Portugal. 51% of the capital of Financiera El Corte Inglés belongs to [Banco Santander](https://en.wikipedia.org/wiki/Banco_Santander "Banco Santander") as of 2014.[\[19\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-20) - MEGA 2. A security and terciary service company present in Spain and Portugal. - Grupo Sicor. Provision of services related to physical and digital security, integral services, cleaning and maintenance, logistics, and employment. - Sweno. A telecomm company. - Sweno Energia. A residential and commercial electrical utility. - Bitcor. A cryptocurrency company. ### Auxiliary businesses \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=7 "Edit section: Auxiliary businesses")\] El Corte Inglés owns 100% of a number of businesses auxiliary to their main business functions, unless otherwise noted. - *Industrias y Confecciones S.A.* (INDUYCO). Integrated into the group in 2010. - *Ason Inmobiliaria de Arriendos S.L.* A real estate and rental management company. - *Construcciones, Promociones e Instalaciones S.A.* A construction and renovation company. - *Editorial Universitaria Ramón Areces S.A.* A publisher of text books for Spanish universities. - *Tourmodial Operadores S.A.* A travel services company. - Parinver S.A. (75.83%). A holding company which owns some hotel groups and other businesses.[\[20\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-21) The company has partial ownership in other businesses: - 50% of *Gestion de Puntos de Venta S.A.* (GESPEVESA) which manages Opencor stores at Repsol fuel stations. - 50% of *[Sephora](https://en.wikipedia.org/wiki/Sephora "Sephora") Cosmeticos España S. L.* - 6\.15% of *Euroforum Escorial S.A.,* a training and corporate events company. - 4,36 % of *Parque Temático de Madrid S.A.* which operates [Parque Warner Madrid](https://en.wikipedia.org/wiki/Parque_Warner_Madrid "Parque Warner Madrid"). - 1\.7% of [IAG](https://en.wikipedia.org/wiki/International_Airlines_Group "International Airlines Group"). El Corte Inglés' website was the largest in terms of the number of its customers in Spain, with 3.7 million customers in 2011. In 2013, 3.5 million customers and 137 million visits were registered. In December 2016 they reached their monthly peak, with more than 14 million unique users and more than 30 million visits to www.elcorteingles.es, increasing to 32 million in January 2017, becoming the most visited Spanish commercial website in Spain. It was the second most visited ecommerce website in Spain in 2017, behind [Amazon.com](https://en.wikipedia.org/wiki/Amazon_\(company\) "Amazon (company)").[\[21\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-22) Since 1999 its General Director of Electronic Commerce and Distance Sales Division is Ricardo Goizueta Sagues and the Digital Director or Chief Digital Officer (CDO) is, since 2012, José María Fernández Ortega.[\[22\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-23) According to [Deloitte](https://en.wikipedia.org/wiki/Deloitte "Deloitte")'s report on "Global Powers of Retailing," El Corte Inglés ranked 97th in 2020, down 27 places from 2019, when it ranked 69th. This made it the 3rd largest retailer by volume in Spain, behind [Inditex](https://en.wikipedia.org/wiki/Inditex "Inditex") and [Mercadona](https://en.wikipedia.org/wiki/Mercadona "Mercadona"). Total retail revenue in 2020 amount to €12,077 million.[\[23\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-24) As of 2008, it was the second largest family business in Spain, and the 66th largest in the world.[\[24\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-25) The company's retail revenue and net profit both increased continuously until 2007, when they began to drop. The company has not since returned to its 2007 peak of revenue, which was close to €18,000 million, with €747.6 million net profits.[\[25\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-26) Since then, both revenue and profits declined until 2015, and then increased until 2019.[\[26\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-27)[\[27\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-prensa.elcorteinglescorporativo_1-28) Although the company is known for jealously guarding its privacy,[\[28\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-29) numerous statements have indicated that the Ramón Areces Foundation is the biggest shareholder, with 37% of the company's shares willed to the foundation by its founder.[\[29\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-30) Isidoro Alvarez controls these shares as president of the foundation, together with his own shares, which are believed to be somewhere between 15 and 27% of total shares, making him the largest shareholder. Cartera de Valores IASA is the second biggest shareholder, with 22% of shares.[\[30\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-31) Approximately 9% of shares are owned by the children of Luis Areces, Ramon Areces' brother, via the *Corporacion Ceslar*. Equal parts of approximately 3% of the shares, were divided between the four brothers of the Areces Fuentes brothers, sons of Ramon Areces' other brother Celestino. The brothers acquired these shares through inheritance after the liquidation of the holding company. After a lengthy legal conflict, however, they sold their shares to El Corte Inglés.[\[31\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-32) Ingondel S.L. which held 6% of El Corte Inglés' capital, was property of descendants of César Rodríguez. It was acquired in 2009. A 7% share is in the hands of Cartera Mancor, S.L., which is also made up of the descendants of César Rodríguez, by way of Paloma García Peña. Approximately 3% is held by other members of the administrative council, and the remainder is divided between the treasure and some 3000 directors and executives of the company. It is presumed that these shareholders are always employees while they hold shares, since there are restrictions on the transfer of shares. The administrative council of El Corte Inglés is composed of the following individuals:[\[32\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-33) - Marta Álvarez Guil. elected president 11 July 2019.[\[33\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-34) - Cristina Álvarez Guil. - Jesús Nuño de la Rosa y Coloma. - Fernando Becker Zuazua. - [Manuel Pizarro Moreno](https://en.wikipedia.org/wiki/Manuel_Pizarro_Moreno "Manuel Pizarro Moreno"). - Víctor del Pozo Gil. - [Hamad bin Jassem bin Jabr Al Thani](https://en.wikipedia.org/wiki/Hamad_bin_Jassim_bin_Jaber_Al_Thani "Hamad bin Jassim bin Jaber Al Thani"), represented by Shahzad Shahbaz. - Cartera Mancor, S.L, represented by Paloma García Peña. - Corporación Ceslar, represented by Ana Carlota Areces Galán. - [Antonio Hernández-Gil](https://en.wikipedia.org/wiki/Antonio_Hern%C3%A1ndez-Gil_%C3%81lvarez-Cienfuegos "Antonio Hernández-Gil Álvarez-Cienfuegos") (secretary). - Juan Moral-de la Rosa (vice-secretary) Like Galerias Preciados in its time, El Corte Inglés' business model was based on introducing American style department stores to Spain during a period where Spain was emerging from economic isolation and [autarky](https://en.wikipedia.org/wiki/Autarky "Autarky"). As such, its business model revolved around the idea of a store where customer could buy everything, hence its slogan "The store for all your shopping" (*La tienda de todas tus compras).* Stores aimed not only to offer a wide variety of articles, but also goods of different levels of quality, with goods divided into departments with additional services such as home deliveries, wedding lists, repairs included in sale price, etc., as well as satisfaction and quality assurances through [money-back guarantees](https://en.wikipedia.org/wiki/Money-back_guarantee "Money-back guarantee"). This model depends on the performance of the following actors: The company's main business model has remained constant until the present. Its social and [corporate responsibility](https://en.wikipedia.org/wiki/Corporate_responsibility "Corporate responsibility") documents emphasize five pillars of commitment to the customers: quality, service, assortment, specialization, and guarantees.[\[34\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-35) This approach has been used to build [customer loyalty](https://en.wikipedia.org/wiki/Loyalty_business_model "Loyalty business model"). In the food department, the company has launched a [generic brand](https://en.wikipedia.org/wiki/Generic_brand "Generic brand") called Aliada. The El Corte Inglés shopping card is a [credit card](https://en.wikipedia.org/wiki/Credit_card "Credit card") which was introduced in 1968, and is one of the most popular in Spain, with 11.58 million active cards in Spain in 2017. Card holders have a one-month [grace period](https://en.wikipedia.org/wiki/Grace_period "Grace period") to pay off the balance of their card, with an option to defer payment for up to three months without interest, although administrative fees apply. Payment can also be deferred with low [interest](https://en.wikipedia.org/wiki/Interest "Interest") payments for up to 36 months. The card also grants holders the right to at least 2 hours free parking in store [parking garages](https://en.wikipedia.org/wiki/Multistorey_car_park "Multistorey car park"), and allows the purchase of any product sold in El Corte Inglés centers. Since 2006, the card can also be used to pay for fuel at Repsol fuel stations. In 2011, the company's workforce was made up of 99,323 employees, down from 102,699 the previous year.[\[35\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-36) 93% of those had long-term contracts, and 71% were full-time. The median age of employees was 39 years, with 13 years of experience. 37% of total employees were male compared to 63% female, although in management males outnumbered females. Annual reports indicated that in 2012, the total number of employees further declined to 96,678, 94% of whom were full time, and 64% of whom were female. The relationship between El Corte Inglés and its employees has traditionally been formal, familiar, and paternalistic, with the company trying to establish feedback between the company and its employees. The company provides training and educational assistance, financial services, and discounts or financing for purchasing goods and services. The company has received criticism for discriminating against women,[\[36\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-37) harassment of [labor unions](https://en.wikipedia.org/wiki/Trade_union "Trade union"),[\[37\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-38) is directly implicated in exploitative labor practices.[\[38\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-39) In the majority of the company's locations, union elections are won by Fetico or FASGA, a national retail union accused of being a [yellow union](https://en.wikipedia.org/wiki/Company_union "Company union") by the UGT and [CCOO](https://en.wikipedia.org/wiki/Workers%27_Commissions "Workers' Commissions"). Some companies in the El Corte Inglés group, such as Induyco, have been criticized by groups like [Oxfam](https://en.wikipedia.org/wiki/Oxfam "Oxfam") for issues of [precarious work](https://en.wikipedia.org/wiki/Precarious_work "Precarious work") and exploitation of textile workers in [third world](https://en.wikipedia.org/wiki/Third_World "Third World") countries.[\[39\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-40)[\[40\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-41)[\[41\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-42) The company has pursued [vertical integration](https://en.wikipedia.org/wiki/Vertical_integration "Vertical integration") since early on, especially with textiles, when Ramon Areces and other shareholders founded Induyco in 1949, and which became a *sociedad anonimo* in 1955. Induyco, in spite of having a non-proprietary relationship with El Corte Inglés, initially had El Corte Inglés as its exclusive wholesale client, and its employees were offered benefits as if they belonged to the same group. Later, Induyco still had El Corte Inglés as its majority client, although the relationship was no longer exclusive, though its share structure remained the same, and Isidoro Alvarez was the president. In 2010 El Corte Inglés integrated Induyco into its corporate structure, and in 2012 it ceased activities.[\[42\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-43) In the field of texties, in addition to Induyco, the company created *Confecciones Teruel* in 1975 and *Industrias del Vestido* in 1976. Both companies got the majority of their capital from the Induyco group which itself was part of *Investronica* and *Invesgen*. Its creation was motivated by labor conflicts which occurred at Induyco during those years.[\[43\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-44) In the field of supplying special materials for sale, the company created *Mostoles Industrial* in the same way as Induyco. *Mostoles Industrial*, unlike Induyco, retained El Corte Inglés as its exclusive customer while having a non-proprietary relationship with it. *Mostoles* is most well known for its production of kitchen furniture for the "Forlady" brand. On the side of real estate development, the company created *Construcción, Promociones e Instalaciones S.A.* in 1976, whose capital is derived in its entirety from the El Corte Inglés group, and which is responsible for the construction of new stores and renovation of existing ones. ### Publicity and advertising \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=15 "Edit section: Publicity and advertising")\] El Corte Inglés has one of the biggest advertising budgets in Spain. In 2011, the group was the biggest advertiser in Spain, with an investment of 171.3 million euros, and as an individual El Corte Inglés itself was the third biggest, with a budget of 99.8 million euros.[\[44\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-45) The company periodically conducts large publicity campaigns like *Semana Fanstisca* (Fantasic Week) and the *Ocho Dias de Oro* (the Eight Golden Days) by announcing discounts on its products. On the [Christmas](https://en.wikipedia.org/wiki/Christmas "Christmas") holiday, it organizes an animation spectacle called "Cortylandia" in its main stores. Furthermore, part of El Corte Inglés' [company culture](https://en.wikipedia.org/wiki/Organizational_culture "Organizational culture") includes sponsoring a number of activities that also serve as a form of advertising. For example, the El Corte Inglés Rally is a [rally race](https://en.wikipedia.org/wiki/Rallying "Rallying") that ran on the [Canary Islands](https://en.wikipedia.org/wiki/Canary_Islands "Canary Islands") from 1977 to 2001. ### Madrid-Castellana flagship \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=17 "Edit section: Madrid-Castellana flagship")\] The chain's [Spanish](https://en.wikipedia.org/wiki/Spanish_language "Spanish language"): *buque insignia* ([flagship](https://en.wikipedia.org/wiki/Flagship_store "Flagship store")) department store is **El Corte Inglés Castellana** in Madrid's Tetuán district, in the Cuatro Caminos neighbourhood, just west of [Paseo de la Castellana](https://en.wikipedia.org/wiki/Paseo_de_la_Castellana "Paseo de la Castellana") boulevard and [Nuevos Ministerios](https://en.wikipedia.org/wiki/Nuevos_Ministerios "Nuevos Ministerios") station. It opened in 1969 and its biggest extension opened on 7 October 2011 on the site of the [Windsor Building](https://en.wikipedia.org/wiki/Windsor_Tower_\(Madrid\) "Windsor Tower (Madrid)") which caught fire in 2005 and was demolished. In its place, the [Torre Titania](https://en.wikipedia.org/wiki/Torre_Titania "Torre Titania") tower, which connects to the original store, was built. It was designed by architects Pablo Muñoz López and Pedro Vilata Capón/Capont.[\[45\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-46) The complex encompasses several buildings. The largest has 27 floors, including five below ground dedicated providing parking for 1,600 cars. There are two block of two technical floors each which house engine rooms, air treatment units, elevator machinery, etc. There is a total floor area of 170,000 m2 (1,800,000 sq ft) of which 70,000 m2 (750,000 sq ft) is dedicated to retail sales, thus ranking among the [20 largest department store locations](https://en.wikipedia.org/wiki/Department_store#Largest_flagship_stores "Department store") currently in operation worldwide. The company spent around 300 million euro[\[46\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-47) from 2008 through 2011 with the construction of a new building at Castellana 85, dedicated to decoration, that was then integrated with the existing one. After the remodeling and reorganization, merchandise was presented in a differentiated and themed way, in addition to new brands, services, and spaces, such as the *Gourmet Experience* a [food hall](https://en.wikipedia.org/wiki/Food_hall "Food hall") with sales of gourmet products, and dining options such as seafood, Asian, Italian, Iberian specialties, hamburgers, grilled meats and fish, cheeses, skewers, fresh pastries, and fresh juices.[\[47\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-corte-castellana-sqm-48) The Castellana flagship location carries the most comprehensive collection of designers of any large store in Spain. Designer boutiques in the store include [Hermès](https://en.wikipedia.org/wiki/Herm%C3%A8s "Hermès"), [Louis Vuitton](https://en.wikipedia.org/wiki/Louis_Vuitton "Louis Vuitton"), [Cartier](https://en.wikipedia.org/wiki/Cartier_SA "Cartier SA"), [Armani](https://en.wikipedia.org/wiki/Armani "Armani"), [Armani Jeans](https://en.wikipedia.org/wiki/Armani_Jeans_\(brand\) "Armani Jeans (brand)"), [Armani Collezioni](https://en.wikipedia.org/wiki/Armani_Collezioni "Armani Collezioni"), [Gucci](https://en.wikipedia.org/wiki/Gucci "Gucci"), [Loewe](https://en.wikipedia.org/wiki/Loewe,_S.A. "Loewe, S.A."), [Dockers](https://en.wikipedia.org/wiki/Dockers_\(brand\) "Dockers (brand)"), [Ralph Lauren](https://en.wikipedia.org/wiki/Ralph_Lauren "Ralph Lauren"), [Bulgari](https://en.wikipedia.org/wiki/Bulgari "Bulgari"), [Dior](https://en.wikipedia.org/wiki/Dior "Dior"), [Dior Homme](https://en.wikipedia.org/wiki/Dior_Homme "Dior Homme"), Georges Rech, [Versace](https://en.wikipedia.org/wiki/Versace "Versace"), [Hugo Boss](https://en.wikipedia.org/wiki/Hugo_Boss "Hugo Boss"), Boss Woman, [Ermenegildo Zegna](https://en.wikipedia.org/wiki/Ermenegildo_Zegna_Group "Ermenegildo Zegna Group"), [Tommy Hilfiger](https://en.wikipedia.org/wiki/Tommy_Hilfiger "Tommy Hilfiger"), [Dolce\&Gabbana](https://en.wikipedia.org/wiki/Dolce%26Gabbana "Dolce&Gabbana"), [Burberry (men/women)](https://en.wikipedia.org/wiki/Burberry "Burberry"), [Façonnable](https://en.wikipedia.org/wiki/Fa%C3%A7onnable "Façonnable"), [Pal Zileri](https://en.wikipedia.org/wiki/Pal_Zileri "Pal Zileri"), [Paul & Shark](https://en.wikipedia.org/wiki/Paul_%26_Shark "Paul & Shark"), [Lacoste](https://en.wikipedia.org/wiki/Lacoste "Lacoste"), Pavillon Christofle, [CH by Carolina Herrera](https://en.wikipedia.org/wiki/Carolina_Herrera_\(fashion_designer\) "Carolina Herrera (fashion designer)"), [Escada Sport](https://en.wikipedia.org/wiki/Escada "Escada"), [James Purdey and Sons](https://en.wikipedia.org/wiki/James_Purdey_and_Sons "James Purdey and Sons"), [Lloyd's](https://en.wikipedia.org/wiki/Lloyd%27s "Lloyd's"), Purificación García, [Calvin Klein](https://en.wikipedia.org/wiki/Calvin_Klein "Calvin Klein"), Caroll Paris, Amitie, and Episode. The store has its own brands (Emidio Tucci, Dustin).\[*[citation needed](https://en.wikipedia.org/wiki/Wikipedia:Citation_needed "Wikipedia:Citation needed")*\] Also in the complex is a branch of the Madrid-based Aldeo jewelers, carrying such jewellery designers as [Boucheron](https://en.wikipedia.org/wiki/Boucheron "Boucheron"), [Blancpain](https://en.wikipedia.org/wiki/Blancpain "Blancpain") and [Hamilton](https://en.wikipedia.org/wiki/Hamilton_Watch_Company "Hamilton Watch Company").\[*[citation needed](https://en.wikipedia.org/wiki/Wikipedia:Citation_needed "Wikipedia:Citation needed")*\] ### Preciados–Callao store \[[edit](https://en.wikipedia.org/w/index.php?title=El_Corte_Ingl%C3%A9s&action=edit&section=18 "Edit section: Preciados–Callao store")\] The Preciados–Callao store complex in the heart of Madrid consists of 4 buildings, including the original flagship Madrid stores of El Corte Inglés and Galerías Preciados:[\[48\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-49) - [Calle de Preciados](https://en.wikipedia.org/wiki/Calle_de_Preciados "Calle de Preciados") \#3–5, 7 stories, original flagship of the chain, opened 1945 at \#3, expanded 1955 to \#5[\[49\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-50) - men's, women's and children's clothing and accessories including some sports apparel, cosmetics and fragrances, plus a café and restaurant - [Plaza de Callao](https://en.wikipedia.org/wiki/Callao_Square "Callao Square") \#2. Built 1964-8, architects Antonio Perpiñá Sebriá([es](https://es.wikipedia.org/wiki/Antonio_Perpi%C3%B1%C3%A1_Sebri%C3%A1 "es:Antonio Perpiñá Sebriá")) and Luis Iglesias[\[50\]](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_note-51) on site of [Hotel Florida](https://en.wikipedia.org/wiki/Hotel_Florida_\(Madrid\) "Hotel Florida (Madrid)") as the flagship of [Galerías Preciados](https://en.wikipedia.org/wiki/Galer%C3%ADas_Preciados "Galerías Preciados") which moved from adjacent [Preciados](https://en.wikipedia.org/wiki/Calle_de_Preciados "Calle de Preciados") \#28, now [Fnac](https://en.wikipedia.org/wiki/Fnac "Fnac"). 9 stories - home and other non-apparel departments including the *Gourmet Experience* [food hall](https://en.wikipedia.org/wiki/Food_hall "Food hall") on floor 9 - Plaza de la [Puerta del Sol](https://en.wikipedia.org/wiki/Puerta_del_Sol "Puerta del Sol") \#10, 4 stories - sports clothing and accessories, sporting goods - Calle Maestro Victoria \#6, 1 story (pet supplies) - *El Corte Inglés* department stores, *Hipercor* hypermarkets, *Supercor* urban supermarkets | | | | | |---|---|---|---| | Clothing *Alía* *Dustin* *Easy Wear* *Emidio Tucci* (men's formalwear) *Énfasis* *Formul@ Joven* *Gloria Ortiz* (clothing, accessories) *Lloyd's* *[Sfera](https://en.wikipedia.org/wiki/Sfera_\(retailer\) "Sfera (retailer)")* *Yera* *Unit* | Sports apparel *Boomerang* *Runfit* (Hipercor only) Cosmetics *Línea Pura* *Oleada* *Plantea* (skin care) *Veckia* Home furnishings (only at El Corte Inglés stores) *Privium* *Urban-Chic* *Urban-Class* *Casa Actual* | Home appliances and electronics *Saivod* *Ansonic:* (only in Hipercor) *Digrato* (coffee machines/capsules) *Inves* (software) Culture *Ámbito Cultural*: cultural events, expositions, literary prizes, cinematography, musical and painting awards, scholarships. *Cineclub*: collection of classic cinema. *Pitiflú*: children's entertainment, including storytelling, magic shows, workshops, puppet shows, children's theater and circus events. *Rubiños 1860*: bookstore. | Food *Aliada*: generic brand *Special Line*: [diet foods](https://en.wikipedia.org/wiki/Diet_food "Diet food") Telecom *Sweno* *Telecor* Cryptocurrency *Bitcor* Private security *Sicor* Other *La Tienda en Casa*: telesales via television and internet *Oralli*: travel accessories *Doblecero*: loyalty card *Primeriti*: private online sales club | - [![Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)](https://upload.wikimedia.org/wikipedia/commons/thumb/8/88/Torre_Titania_%28Madrid%29_08.jpg/120px-Torre_Titania_%28Madrid%29_08.jpg)](https://en.wikipedia.org/wiki/File:Torre_Titania_\(Madrid\)_08.jpg "Exterior of the flagship store at the Torre Titania in Castellana, Madrid (2014)") Exterior of the flagship store at the [Torre Titania](https://en.wikipedia.org/wiki/Torre_Titania "Torre Titania") in [Castellana](https://en.wikipedia.org/wiki/Castellana_\(Madrid\) "Castellana (Madrid)"), [Madrid](https://en.wikipedia.org/wiki/Madrid "Madrid") (2014) - [![Aranda de Duero store](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b7/El_Corte_Ingl%C3%A9s_%286033309835%29.jpg/120px-El_Corte_Ingl%C3%A9s_%286033309835%29.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s_\(6033309835\).jpg "Aranda de Duero store") - [![Plaça Catalunya store, Barcelona](https://upload.wikimedia.org/wikipedia/commons/thumb/d/d3/El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg/120px-El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s_Barcelona_Pla%C3%A7a_de_Catalunya_2013.jpg "Plaça Catalunya store, Barcelona") - [![Córdoba store](https://upload.wikimedia.org/wikipedia/commons/thumb/d/d8/El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg/120px-El_Corte_Ingl%C3%A9s%2C_en_C%C3%B3rdoba_%28Espa%C3%B1a%29.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s,_en_C%C3%B3rdoba_\(Espa%C3%B1a\).jpg "Córdoba store") - [![Elche (Elx) store, 2009](https://upload.wikimedia.org/wikipedia/commons/thumb/a/a2/Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg/120px-Elche_-_Centro_Comercial_Ciudad_de_Elche_%28El_Corte_Ingl%C3%A9s%2C_Hipercor%29_09.jpg)](https://en.wikipedia.org/wiki/File:Elche_-_Centro_Comercial_Ciudad_de_Elche_\(El_Corte_Ingl%C3%A9s,_Hipercor\)_09.jpg "Elche (Elx) store, 2009") [Elche](https://en.wikipedia.org/wiki/Elche "Elche") (Elx) store, 2009 - [![Murcia store at Christmastime 2023](https://upload.wikimedia.org/wikipedia/commons/thumb/1/1b/El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg/120px-El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg)](https://en.wikipedia.org/wiki/File:El_Corte_Ingl%C3%A9s_Murcia_2023-12_Christmas-Navidad.jpg "Murcia store at Christmastime 2023") [Murcia](https://en.wikipedia.org/wiki/Murcia "Murcia") store at Christmastime 2023 - [![Porto, Portugal store](https://upload.wikimedia.org/wikipedia/commons/thumb/b/b1/Oporto_%28Portugal%29_%2825643990184%29.jpg/120px-Oporto_%28Portugal%29_%2825643990184%29.jpg)](https://en.wikipedia.org/wiki/File:Oporto_\(Portugal\)_\(25643990184\).jpg "Porto, Portugal store") - [![The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area](https://upload.wikimedia.org/wikipedia/commons/thumb/a/a8/Hipercor_Xanadu.jpg/120px-Hipercor_Xanadu.jpg)](https://en.wikipedia.org/wiki/File:Hipercor_Xanadu.jpg "The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area") The Hipercor and El Corte Inglés stores at Xanadu mall, Madrid area 1. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-2)** Spanish pronunciation: [\[el ˈkoɾte jŋˈɡles\]](https://en.wikipedia.org/wiki/Help:IPA/Spanish "Help:IPA/Spanish"); Spanish for "the English Cut" (as in "the English style of dressmaking") 1. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-Corporate_Information_1-0)** ["Corporate Information"](https://www.elcorteingles.es/informacioncorporativa/en/). Retrieved 31 January 2019. 2. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-3)** ["El Corte Inglés"](https://www.iads.org/web/home-public/2310-el-corte-ingles.php). *www.iads.org*. Retrieved 22 April 2021. 3. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-4)** ["News releases - www.stockmanngroup.com"](http://www.stockmanngroup.com/en/news-releases/-/stock/showDisclosure/93093/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA). *www.stockmanngroup.com*. Retrieved 20 June 2021. 4. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-5)** "[Home](http://www.elcorteinglescorporativo.es/elcorteinglescorporativo/elcorteinglescorporativo/cambiarIdioma.do?LANG=en)." El Corte Inglés Corporate. Retrieved on 17 December 2010. "El Corte Inglés, S.A. Hermosilla, 112. 28009 Madrid." 5. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-6)** ["El Corte Inglés rises to the world podium of department stores"](https://www.abc.es/economia/abci-corte-ingles-sube-podio-mundial-grandes-almacenes-201808290103_noticia.html). 29 August 2018. Retrieved 31 January 2019. 6. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-7)** ["DGAP-Media: JAXX subsidiary Serviapuestas signs exclusive deal with Europe's largest retail group El Corte Inglés"](http://www.finanznachrichten.de/nachrichten-2010-11/18550065-dgap-media-jaxx-subsidiary-serviapuestas-signs-exclusive-deal-with-europe-s-largest-retail-group-el-corte-ingles-015.htm). Retrieved 3 June 2017. 7. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-8)** González, Aníbal (9 March 2007). ["La rebelión de la familia Areces contra Isidoro Alvarez aboca a El Corte Inglés a salir a Bolsa"](https://www.elconfidencial.com/mercados/2007-03-09/la-rebelion-de-la-familia-areces-contra-isidoro-alvarez-aboca-a-el-corte-ingles-a-salir-a-bolsa_843099/). *elconfidencial.com* (in Spanish). Retrieved 30 June 2022. 8. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-9)** ["La idea de un nuevo negocio"](https://web.archive.org/web/20130521164949/http://www.ceccadiz.org/portalcomun/pymes/creacion_empresa/pdfs/Manual%20CG/MODULO%201.PDF) (PDF) (in Spanish). ceccadiz.org. Archived from [the original](http://www.ceccadiz.org/portalcomun/pymes/creacion_empresa/pdfs/Manual%20CG/MODULO%201.PDF) (PDF) on 21 May 2013. Retrieved 10 December 2024. 9. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-10)** ["Los grandes almacenes pierden en España su carácter de negocio familiar"](https://elpais.com/diario/1981/07/12/economia/363736813_850215.html). *El País* (in Spanish). 11 July 1981. [ISSN](https://en.wikipedia.org/wiki/ISSN_\(identifier\) "ISSN (identifier)") [1134-6582](https://search.worldcat.org/issn/1134-6582). Retrieved 30 June 2022. 10. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-11)** ["Isidoro Álvarez asume la presidencia de El Corte Inglés y de la Fundación Ramón Areces"](http://elpais.com/diario/1989/08/02/economia/618012006_850215.html). *El País*. 2 August 1989. Retrieved 3 June 2017. 11. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-12)** Ruano, Carlos (8 October 2013). ["Spain's Santander to buy 51 percent of El Corte Inglés finance arm"](https://www.reuters.com/article/us-santander-elcorteingles-idUSBRE9960EX20131007). Reuters. 12. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-13)** ["El Corte Inglés cierra en el centro de Barcelona: baja la persiana en Plaza Cataluña"](https://www.modaes.com/empresa/el-corte-ingles-cierra-en-plaza-cataluna). *www.modaes.com* (in Spanish). Retrieved 30 June 2022. 13. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-14)** Group, IT Digital Media (27 November 2019). ["El Corte Inglés vende IECISA a GFI por más de 300 millones de euros \| Actualidad"](https://www.ituser.es/actualidad/2019/11/el-corte-ingles-vende-iecisa-a-gfi-por-mas-de-300-millones-de-euros). *IT User* (in Spanish). Retrieved 30 June 2022. 14. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-15)** DÍAS, CINCO (14 July 2020). ["El Corte Inglés compra la empresa de seguridad Mega 2 para diversificar negocios"](https://cincodias.elpais.com/cincodias/2020/07/14/companias/1594726305_154624.html). *Cinco Días* (in Spanish). Retrieved 11 May 2022. 15. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-16)** ["El fin del sueño californiano golpea a El Corte Inglés \| soitu.es"](http://www.soitu.es/soitu/2009/07/13/actualidad/1247439719_844752.html). *www.soitu.es*. Retrieved 30 June 2022. 16. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-17)** ["El Corte Inglés - información corporativa"](https://www.elcorteingles.es/informacioncorporativa/elcorteinglescorporativo/portal.do?IDM=160&NM=3). *www.elcorteingles.es*. Retrieved 3 June 2017. 17. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-18)** Press, Europa (30 September 2020). ["El Corte Inglés materializa este jueves la absorción de Sfera"](https://www.europapress.es/economia/noticia-corte-ingles-materializa-jueves-absorcion-sfera-20200930102832.html) \[El Corte Inglés materializes this Thursday the absorption of Sfera\]. *www.europapress.es*. Retrieved 10 December 2023. 18. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-ar2022_19-0)** [Non-financial statement 2022](https://www.elcorteingles.es/recursos/informacioncorporativa/doc/portal/2023/07/24/informe-no-financiero-en72883.pdf) (PDF) (Report). El Corte Inglés S.A. 2022. pp. 24–26. Retrieved 10 December 2023. 19. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-20)** ["Quiénes somos - Financiera El Corte Inglés"](https://www.financieraelcorteingles.es/es/corporativas/quienes-somos/). *www.financieraelcorteingles.es*. Retrieved 2 July 2022. 20. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-21)** Ropero, Javier García (12 August 2020). ["El Corte Inglés culmina la adquisición de Mega-2 integrándola en Parinver"](https://cincodias.elpais.com/cincodias/2020/08/11/companias/1597173179_596365.html). *Cinco Días* (in Spanish). Retrieved 2 July 2022. 21. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-22)** ["Amazon lidera el ecommerce en España, con una facturación de 871 MM€ en 2016; El Corte Inglés segundo con 651 MM€ - Ecommerce News"](https://web.archive.org/web/20200224175536/https://ecommerce-news.es/amazon-ecommerce-el-corte-ingles-facturacion-57957). 24 February 2020. Archived from [the original](https://ecommerce-news.es/amazon-ecommerce-el-corte-ingles-facturacion-57957) on 24 February 2020. Retrieved 2 July 2022. 22. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-23)** ["Así aborda El Corte Inglés el reto del "e-commerce""](https://www.expansion.com/economia-digital/protagonistas/2016/11/10/582338c3ca474166618b4575.html). *Expansión.com* (in Spanish). 10 November 2016. Retrieved 2 July 2022. 23. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-24)** ["Global Powers of Retailing 2022"](https://www2.deloitte.com/global/en/pages/consumer-business/articles/global-powers-of-retailing.html). *Deloitte*. Retrieved 1 July 2022. 24. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-25)** Semana (19 September 2008). ["El poder de las Empresas Familiares en el Mundo"](https://www.semana.com/opinion/opinion-on-line/articulo/el-poder-empresas-familiares-mundo/68415/). *Semana.com Últimas Noticias de Colombia y el Mundo* (in Spanish). Retrieved 1 July 2022. 25. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-26)** perpe (27 August 2012). ["Ventas y beneficios de El Corte Inglés"](https://www.perpe.es/2012/08/27/wc3512/). *Perpe*. Retrieved 1 July 2022. 26. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-27)** ["Información Corporativa Grupo El Corte Inglés, 19/06/2020"](https://www.elcorteingles.es/informacioncorporativa/es/). Retrieved 19 June 2020. 27. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-prensa.elcorteinglescorporativo_1_28-0)** El Corte Inglés (Spain) (ed.). ["El Corte Inglés (corporate information)"](https://web.archive.org/web/20141016052111/http://prensa.elcorteinglescorporativo.es/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10). Archived from [the original](http://prensa.elcorteinglescorporativo.es/view_manager.html?root=21&search_cat=&year=2007&search_theme=&ind=10) on 16 October 2014. Retrieved 6 June 2020. 28. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-29)** ["El Corte Inglés will resist any IPO moves -sources"](https://web.archive.org/web/20140808062019/http://www.reuters.com/article/2007/07/05/idUSL057819020070705). *[Reuters](https://en.wikipedia.org/wiki/Reuters "Reuters")*. 8 August 2014. Archived from [the original](http://www.reuters.com/article/2007/07/05/idUSL057819020070705) on 8 August 2014. Retrieved 1 July 2022. 29. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-30)** Ugalde, Ruth (16 September 2014). ["Isidoro Álvarez deja una herencia de 1.500 millones en acciones de El Corte Inglés"](https://www.elconfidencial.com/empresas/2014-09-16/isidoro-alvarez-deja-una-herencia-de-1-500-millones-en-acciones-de-el-corte-ingles_196740/). *elconfidencial.com* (in Spanish). Retrieved 1 July 2022. 30. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-31)** ["El Corte Inglés tendrá dos consejeros delegados, Del Pozo y Nuño de la Rosa"](https://www.lavanguardia.com/vida/20171023/432303349051/el-corte-ingles-tendra-dos-consejeros-delegados-del-pozo-y-nuno-de-la-rosa.html). *La Vanguardia* (in Spanish). 23 October 2017. Retrieved 1 July 2022. 31. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-32)** ["La juez condena a El Corte Inglés a pagar a César Areces 98,5 millones por sus acciones"](https://elpais.com/economia/2007/04/17/actualidad/1176795182_850215.html). *El País* (in Spanish). 17 April 2007. [ISSN](https://en.wikipedia.org/wiki/ISSN_\(identifier\) "ISSN (identifier)") [1134-6582](https://search.worldcat.org/issn/1134-6582). Retrieved 1 July 2022. 32. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-33)** ["Consejo de Administración"](https://www.elcorteingles.es/informacioncorporativa/es/gobierno-corporativo/consejo-de-administracion/). *El Corte Inglés*. Retrieved 2 July 2022. 33. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-34)** ["Marta Álvarez, elegida nueva presidenta de El Corte Inglés por unanimidad"](https://www.abc.es/economia/abci-marta-alvarez-nueva-presidenta-corte-ingles-unanimidad-201907101506_noticia.html). *abc* (in Spanish). 10 July 2019. Retrieved 2 July 2022. 34. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-35)** ["Compromisos con el cliente"](https://www.elcorteingles.es/informacioncorporativa/es/quienes-somos/el-corte-ingles-de-un-vistazo/compromisos-con-el-cliente/). *El Corte Inglés*. Retrieved 2 July 2022. 35. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-36)** elEconomista.es. ["El corte inglés empleaba a 99.323 personas en 2011, frente a las 102.699 de 2010 - elEconomista.es"](https://www.eleconomista.es/economia/noticias/4205552/08/12/El-corte-ingles-empleaba-a-99323-personas-en-2011-frente-a-las-102699-de-2010.html). *www.eleconomista.es* (in Spanish). Retrieved 3 July 2022. 36. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-37)** Requena, A. (3 June 2013). ["El Corte Inglés, condenado por discriminación salarial a sus trabajadoras"](https://www.eldiario.es/economia/corte-ingles-condenado-discriminacion-salarial_1_5699027.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022. 37. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-38)** elDiariocv (13 September 2014). ["CCOO denuncia persecución sindical en El Corte Inglés"](https://www.eldiario.es/comunitat-valenciana/ccoo-denuncia-persecucion-corte-ingles_1_4652944.html). *ElDiario.es* (in Spanish). Retrieved 3 July 2022. 38. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-39)** ["Explotación en El Corte Inglés: Atreverse a luchar, atreverse a vencer – Rebelion"](https://rebelion.org/explotacion-en-el-corte-ingles-atreverse-a-luchar-atreverse-a-vencer/) (in Spanish). Retrieved 3 July 2022. 39. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-40)** ["SNet: INDITEX (Zara), MANGO, CORTEFIEL e INDUYCO-EL CORTE INGLÉS, DENUNCIADAS por EXPLOTACIÓN LABORAL en el TERCER MUNDO"](https://web.archive.org/web/20220703163625/https://antigua.solidaridad.net/noticia/1166/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t). *antigua.solidaridad.net*. Archived from [the original](https://antigua.solidaridad.net/noticia/1166/inditex-zara-mango-cortefiel-e-induyco-el-corte-ingles-denunciadas-por-explotaci-o-n-laboral-en-el-t) on 3 July 2022. Retrieved 3 July 2022. 40. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-41)** ["SNet: El Corte Inglés controla más del 90% de los grandes almacenes y subcontrata en Tanger con salarios de miseria"](https://web.archive.org/web/20221003164412/https://antigua.solidaridad.net/noticia/3634/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de). *antigua.solidaridad.net*. Archived from [the original](https://antigua.solidaridad.net/noticia/3634/el-corte-ingles-controla-mas-del-90-de-los-grandes-almacenes-y-subcontrata-en-tanger-con-salarios-de) on 3 October 2022. Retrieved 3 July 2022. 41. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-42)** ["SNet: INDITEX (Zara), El Corte Inglés Y MAYORAL ACUSADAS de COMPLICIDAD en la VIOLACIÓN de DERECHOS HUMANOS y LABORALES en MARRUECOS"](https://web.archive.org/web/20220703163621/https://antigua.solidaridad.net/noticia/953/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos). *antigua.solidaridad.net*. Archived from [the original](https://antigua.solidaridad.net/noticia/953/inditex-zara-el-corte-ingles-y-mayoral-acusadas-de-complicidad-en-la-violaci-o-n-de-derechos-humanos) on 3 July 2022. Retrieved 3 July 2022. 42. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-43)** ["El Corte Inglés integra a Induyco \| CondeNast - Profesional"](https://web.archive.org/web/20101018025450/http://www.condenast-profesional.es/articulos/el-corte-ingles-integra-a-induyco/9570). 18 October 2010. Archived from [the original](http://www.condenast-profesional.es/articulos/el-corte-ingles-integra-a-induyco/9570) on 18 October 2010. Retrieved 4 July 2022. 43. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-44)** *Luchas Autonomos en la Transicion Democratica* (in Spanish). Madrid, Spain: Promocion del Pueblo. 1977. 44. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-45)** Redacción (28 February 2012). ["InfoAdex: El Corte Inglés y P\&G, los principales anunciantes en España en 2011"](https://www.marketingdirecto.com/marketing-general/publicidad/infoadex-el-corte-ingles-y-pg-los-principales-anunciantes-en-espana-en-2011). *Marketing Directo* (in Spanish). Retrieved 4 July 2022. 45. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-46)** ["Los compradores estrenan la antigua torre Windsor"](https://elpais.com/diario/2011/01/17/madrid/1295267055_850215.html) \[The buyers unveil the old Windsor Tower\]. *El País* (in Spanish). 17 January 2011. Retrieved 10 December 2023. 46. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-47)** ["El Corte Inglés abre su "buque insignia" de Castellana, con una inversión de más de 300 millones"](https://www.telemadrid.es/noticias/madrid/Corte-Ingles-insignia-Castellana-inversion-0-1294970492--20111027082920.html) \[El Corte Inglés opens its "flagship" of Castellana, with an investment of more than 300 million\]. *Telemadrid* (in Spanish). 27 October 2011. Retrieved 10 December 2023. 47. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-corte-castellana-sqm_48-0)** ["El Corte Inglés de Castellana se sitúa a la cabeza de la innovación con nuevos espacios y conceptos"](https://www.elcorteingles.es/informacioncorporativa/es/comunicacion/notas-de-prensa/el-corte-ingles-de-castellana-se-situa-a-la-cabeza-de-la-innovacion-con-nuevos-espacios-y-conceptos.html) \[El Corte Inglés Castellana Store at Head of Innovation with its New Spaces and Concepts\]. *El Corte Inglés* (in European Spanish). 26 October 2011. Retrieved 10 December 2023. 48. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-49)** ["Departamentos en El Corte Inglés Preciados–Callao"](https://www.elcorteingles.es/centroscomerciales/es/eci/centros/centro-comercial-preciados-callao/departamentos/por_plantas). *El Corte Inglés*. Retrieved 7 January 2024. 49. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-50)** ["Historia del Grupo"](https://www.elcorteingles.es/informacioncorporativa/es/quienes-somos/historia-del-grupo/) \[History of the Group\]. *El Corte Inglés*. Retrieved 7 January 2024. 50. **[^](https://en.wikipedia.org/wiki/El_Corte_Ingl%C3%A9s#cite_ref-51)** Capitel, Antón (18 August 2019). ["La Gran Vía de Madrid. Breve biografía crítica de una gran calle (IV)"](https://veredes.es/blog/la-gran-via-madrid-breve-biografia-critica-una-gran-calle-iv-anton-capitel/) \[The Gran Vía of Madrid. Brief critical biography of a great street (IV)\]. *Veredes, arquitectura y divulgación* (in Spanish). Retrieved 7 January 2024. - [Official website](https://www.elcorteingles.com/en/)

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