World’s largest department store set to open in Madrid
World’s largest department store set to open in Madrid
A NEW branch of the retail giant El Corte Inglés set to open in Madrid’s business district will be the largest department store in the world.
It is due to go up on what used to be a railway station near the Nuevos Ministerios metro stop, and will adjoin an existing branch of the store based on the Paseo de la Castellana, a strip lined with high-rise office blocks and company headquarters.
The land purchased from rail board ADIF for 136 million euros is over 13,000 square metres and the neighbouring branch of El Corte Inglés is already considered to be one of the group’s largest.
With the two joined together, it will be the biggest in the world.
El Corte Inglés currently has 88 stores, of which two are in Portugal and the rest are in Spain.