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C&A to close 21 stores across Spain

Mon 15th Jul 2013
C&A to close 21 stores across Spain

C&A has announced they are to close 21 of their Spanish stores in by the end of August as part of efforts to restructure the business for future growth.

The Fashion retailer, which operates a total of 130 stores across Spain, announced how the move will result in the loss of 150 jobs.

Executives from the German chain put the decision down to the Spanish market having contracted by 30% since the start of the economic crisis, and having to revise their portfolio in order to remain competitive.

However, C&A, who have been operating in Spain for over 30 years, are also to open a new store at a retail park in Ferrol, Galicia, in October, creating 56 jobs.

Comment on this Story

 
Was at Zenia Boulevard on the Orihuela Costa yesterday, C&A was empty. Primark was busy, with Russians picking up anything no matter what the size to take home and sell. Picking up on what David said, whilst Zenia Boulevard was busy people wise, very little were spending !
Lucinda Castiles - Tue, 16th Jul 2013
....... but, but, but, but - it was only 2 days ago, that Rajoy told us that Spain was "Out of recession". http://www.tumbit.com/news/articles/7622-spain-out-of-recession.html
David - Tue, 16th Jul 2013

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