El Corte Inglés launches a plan for outlets as a lifeline for 21 non viable centres

El Corte Inglés launches a plan for outlets as a lifeline for 21 non viable centres

The lifeline for 21 of its 100 points of sale is a replica of a new outlet model, based on the indubitable prestige of its own brand.

The company has made a map of its establishments which, as they explain in the distribution group, lost money as soon as the doors were opened. Most of these are buildings were launched since 2000, especially those just before and after the financial crisis, such as Leganés (Arroyosur), Jaén, Oviedo, Elche, Guadalajara, Talavera, Albacete and Eibar. In addition to these centres with the red flag, there are another seven with ‘amber’, including Cádiz, Castellón, Córdoba and Arroyomolinos, by the Xanadú shopping centre.

These openings involved an outlay of more than 3.500 thousand euros, an investment which upped its debt to 5,000 million euros.  The average employment was about 1,000 people per centre, which, if they closed, which would be a huge blow to the staff.

 

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