El Corte Inglés S.A. is a Spanish department store chain founded in 1940 by Ramón Areces and César Rodríguez, with approximately 73,279 employees and 1,641 retail locations across multiple markets. The company's core business is the retailing of consumer goods and provision of services including travel agencies, insurance brokerage, and financial services through a network of department stores, hypermarkets, supermarkets, and digital platforms. Notable brands include Hipercor, Supercor, Sfera, and Bricor.
In fiscal year 2024, El Corte Inglés generated €16.63 billion in total revenue and net profit of €512 million. The company is executing a 2025-2030 Strategic Plan with investments exceeding €3 billion aimed at remodelling shops, expanding businesses, and reinforcing logistical and technological capabilities.
Recent Leadership Changes
Cristina Álvarez was appointed as non-executive Chair on January 15, 2026, succeeding her sister Marta Álvarez. The reorganization includes Santiago Bau as CEO and focuses on digital transformation, omnichannel integration, and operational efficiency.
Facts compiled by Executive Moves from publicly available news and press releases on 11 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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