Spain’s flagship store El Corte Inglés posts record losses
Spain’s flagship department store group El Corte Inglés, a key barometer of the Spanish economy, reported record annual losses for 2020 on Friday, due to
Retail
Spanish supermarket Dia to slash jobs
Financially troubled Spanish supermarket group Dia has said it wants to cut up to 2,100 jobs as it reported a massive loss. Dia, the target of
Zara owner Inditex posts slower profit rise
Spanish retail giant Inditex said Wednesday net profit rose 4% during the first nine months of its fiscal year, a slower gain than last year
Retail giant ‘El Corte Inglés’ in deal with Alibaba
Spain’s top department store chain El Corte Inglés on Thursday announced a collaboration with Chinese e-commerce giant Alibaba. Under the deal El Corte Inglés (‘The