Pursuits
Zara's New Madrid Store Challenges Corte Ingles in Retail Tussle
- Inditex’s Zara opens largest-ever store in Spanish capital
- Retail tussle reflects changing trends in Spain’s retail habit
Entrance to the new megastore.
Source: Inditex SAThis article is for subscribers only.
Zara is escalating its battle to win over Spanish shoppers by opening a giant new store just yards from the flagship Madrid branch of El Corte Ingles.
The 6,000 square meter (64,600 square feet) store with four floors opening Friday is the largest of the more than 2,200 Zara shops that owner Inditex SA, the world’s biggest clothes retailer, operates around the world. Situated a stone’s throw from El Corte Ingles’s main store on Madrid’s Castellana Avenue, the new shop takes Zara’s challenge right to the doorstep of the traditional Spanish retailing brand that runs Europe’s largest department store chain.