El Corte Inglés will close six more centers before the end of the summer, and it is making unstoppable progress through two years of restructuring.

Half a dozen closures announced by El Corte Inglés before the end of summer, in addition to those already in place. The biggest restructuring in history started two years ago, to balance accounts. It closed eight centers in 2021 alone and announced an ERE impacting approximately 3,500 employees of shopping centres, Bricor, Hipercor, Sfera, logistics centres, offices and outlets..

One of the three companies owned by ECI in Turkey last week. Colon street in Valencia The blind has been dropped, now a few days before the 2021 results (which the company is expected to turn profits on) are released, new centers are being added.

More specifically, the list consists of surfaces. hole, South Park and men’s clothing store 52 Serrano street in Madrid. plus another Bilbao’s Gran Via and a place in Seville and another Cordova (an old Simago years without commercial activity).

aim Eliminate smaller and rental stores from your network thus empowering nearby major centers where they will group the entire offer in one place. Additionally, this will allow them to better tune the operation to the e-commerce strategy.

In this way, the space reserved for men’s fashion on Serrano street will not renew the rental agreement that expired in July and will be moved to the El Corte Inglés shopping center at 47 on the same street. Details of the rest of the planned closures in Madrid will be finalized before the end of the month, but the intent is To promote trade in the centers of Castellana, Sanchinarro and El Bercial.

On the other hand, number 20 of Gran Via de Bilbao It will be closed permanently in August From now on, ECI will concentrate its offer in the center at points 7 and 9 of the same street. After being denied an opening in Valencia exit, It will close commercial building 1 located on Calle de Colón and merge the offer into two other stores. The two Andalusian buildings mentioned will be put up for sale.

El Corte Ingles before this announcement I had already given up on other organizations this year, such as the shop on Calle de La Moneda or the shop on Calle Vitoria, both in Burgos. It also eliminated some of its legendary brands, such as Amitié and Síntesis.

The biggest restructuring plan in El Corte Ingles history is not child’s play and it continues sell, close or convert Of the nearly 100 commercial surfaces it owns, 25 have spread to Spain at the beginning of 2020.

Photos | gress