El Corte Ingles SA (El Corte Ingles) is an operator of retail stores and supermarkets. The company offers a wide range of products including fashion, beauty, household products, home furnishing, appliances, electronics, sports goods, leisure, and food and culture. It sells products from various brands such as El Corte Ingles, Arcos, Tefal, Mini Home, Bassols, and Apple, among others. El Corte Ingles services include insurance services, brokerage services and agency travel services. The company sells products through online and offline mediums. It operates in Asia, Europe, Africa, Oceania and the Americas. El Corte Ingles is headquartered in Madrid, Spain.
Headquarters
Spain
Address
Calle Hermosilla 112, Madrid, 28009
Website
www.elcorteingles.com
Telephone
34 91 4018500
No of Employees
81,434
Industry
Retailing
Revenue (2023)
$14.8B
El Corte Ingles SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Fashion, Shoes and Accessories | Insurance Services |
| Electronics | Brokerage Services |
| Home Appliances | Travel Agency Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company signed an agreement to sell 47 stores under the SuperCor banner in Spain to Carrefour Group. |
| 2021 | Acquisitions/Mergers/Takeovers | In July, the company acquired Sanchez Romero. |
| 2021 | Acquisitions/Mergers/Takeovers | In February, the company agreed to acquire 22% stake in Cartera de Valores IASA. |
Competitor Comparison
| Key Parameters | El Corte Ingles SA | Carrefour SA | Elo Group | Mercadona SA | Marks and Spencer Group plc |
|---|---|---|---|---|---|
| Headquarters | Spain | France | France | Spain | United Kingdom |
| City | Madrid | Paris | Croix | Valencia | London |
| State/Province | Madrid | Ile-de-France | Nord-Pas-de-Calais | Valencia | England |
| No. of Employees | 81,434 | 305,309 | 161,476 | 99,000 | 64,261 |
| Entity Type | Private | Public | Private | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marta Alvarez | Chairman | Executive Board | 2019 | - |
| Jose Ramon de Hoces Iniguez | Director; Secretary | Executive Board | - | - |
| Antonio Ortega | Director - Transformation | Senior Management | - | - |
| Jose Luis Gonzalez Besada | Director - Communication, Sustainability and Institutional Relations | Senior Management | - | - |
| Jose Maria Folache | Chief Retail Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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