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El Corte Inglés
The chain's commercial policy is based around five main pillars that have been extended to the rest of the companies in the group: selection, maximum quality, service, specialisation and guarantee
El Corte Inglés is a world leader in large department stores and a benchmark of Spanish distribution.
With more than 75 years' experience, the Group has maintained from the outset a policy of customer service and an ongoing concern with adapting itself to suit the tastes and needs of society.
This has led, in turn, to a policy of diversification and the creation of new business formats.
In addition to the El Corte Inglés department stores, the Group has other companies, such as Hipercor, Supercor, Sfera, Bricor, Óptica 2000, Telecor, Viajes El Corte Inglés, Seguros and Informática El Corte Inglés, among others.
El Corte Inglés takes its name from a small tailor's shop founded in 1890 and located between Madrid's Preciados, Carmen and Rompelanzas Streets. In 1935, Mr. Ramón Areces Rodríguez, backed by his uncle César Rodríguez, bought the tailor's shop, and this was the start of his entrepreneurial adventure.
After the Spanish Civil War, in 1939, he also acquired a property in Madrid's Preciados Street, number 3, converting the ground and first floors and part of the second floor into sales areas. In June 1940, when the business had seven employees in all, Ramón Areces set up the El Corte Inglés company, with his uncle César Rodríguez as shareholder and first chairman of the company.