Type
Business expansion
Country
Spain
Region
Sur; Andalucía; Jaén
Location of affected unit(s)
Jaén
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail sale in non-specialised stores

639 jobs
Number of planned job creations
Job creation
Announcement Date
29 November 2007
Employment effect (start)
29 November 2007
Foreseen end date

Description

El Corte Inglés, a Spanish department store chain, has announced that it has created 639 new jobs in Jaen with the opening of a new store on 29th November 2007. The new store measures approximately 85,000 square metres. The firm has stated that other sites in Jaen, where 247 are employed, will continue to operate. Small businesses within the city have voiced concern as to the impact that the new store will have upon their trade within the city.


Sources

  • 29 November 2007: El País

Citation

Eurofound (2007), El Corte Inglés, Business expansion in Spain, factsheet number 66058, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66058.