Cortefiel closes its historic store in the center of Alicante

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Farewell to one of Turkey’s oldest establishments Golden mile of trade in Alicante. store cortefield On the corner of Plaza de Calvo Sotelo and Paseo de Gadea will definitely drop the blinds this June after more than one 42 years has been at this location since 1981 when it first opened its doors.

This was confirmed by the company itself, which did not provide further details about its decision. You can already see their posters in the organization. “liquidation by closing”, after what The staff itself was informed only a week ago. Workers are expected to be available – in about two weeks move to other institutions of the group as endorsed by the firm’s management and the UGT union, which represents the organization’s staff.

In this sense, Cortefiel, the owner of the group, should not be forgotten. TendamIt is also responsible for other fashion chains such as Springfield, woman’s secret anyone fiftyThe capital of the province has several establishments around it.

In the Cortefiel example, Calvo Sotelo’s store the only person left in townafter what He closed his shop in the mall Alicante Gate, where a Springfield foundation is maintained. The only stores of this brand that will remain in the province will be those inside the shopping mall. La Zeniafrom Orihuela and Navy Portalin Ondara.

A view from the Cortefiel store in Alicante. Hector Fuentes

Regarding the reasons for the closure, the company declined to comment on the matter, although workers pointed out to clients asking that the difficulty of renewing the lease would be one of the reasons for the decision. The closing date is not yet known, but during the month of June.

In any case, the chain’s decision ends one of the most traditional establishments in the regionOpening its doors in 1981, right across from that time Valuable Galleries and was the provincial capital’s main commercial engine.

Although the opening of El Corte Inglés later moved the trade axis to Avenida de Maisonnave, the area golden mile It occupied the building left empty by the closure of Uterqüe in Alicante, on the same Calvo Sotelo square where brands such as Ese O Ese, Nichi Seijo or Bimba y Lola are also located.

in his name two storey house Décimas occupying the former CaixaBank branch; Ale Hop or Intercity head Vanadi’s cafe chain.

Another view from the establishment. Hector Fuentes

The incident at Cortefiel is one of the most significant business closures to occur in the city of Alicante in recent years. Establishment owned by El Corte Inglés on Avenida de Alfonso el Sabioceased operations in the summer of last year, after the chain of stores decided to reorganize its offer.

According to the latest data released by the company itself, the Tendam group, 840.7 million euro turnover in the first nine months of last year, +8.6% more and the best figures for this period in its entire history. In its presentation of the results, the firm also highlights the good progress in its digital sales, which represents 18% of the company’s total revenue as of November 30, 2022. Digital business grew by 15.4% in the first nine months of the year, and the increase in this channel since 2019 has already reached 126.3%.

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