el corte ingles

Economy

Spain's flagship department store El Corte Inglés posts record losses

Spain's venerable department store group El Corte Inglés, a barometer of the Spanish economy, reported Friday record annual losses due to pandemic lockdowns and a collapse in tourism.

shopping

Sun, sea, sand... what about the shopping?

Spain draws 65 million tourists a year thanks largely to its beaches. Now it wants them spending on the high street.

el corte ingles

Spain's El Corte Inglés store boss dies

The chairman of Europe’s biggest department store and a household name in Spain died on Sunday aged 79.

el corte ingles

Two other Spanish 'top dogs' nearly die

The presidents of El Corte Inglés, Isidoro Álvarez, and Sabadell Bank, Josep Oliu, were rushed to hospital after suffering health scares on the same day that Santander Group president Emilio Botín died of a heart attack.