El Corte Inglés will create a new logistics subsidiary to compete with Amazon

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The English Court will create a new independent subsidiary dedicated to logistics to compete with Amazon and with the aim of offering its infrastructure to third parties and tripling its business volume to a turnover of 1,200 million euros, as reported to Europa Press in sources by the group chaired by Marta Ãlvarez.

Specific, the intention of the company is to take advantage of the logistics infrastructure it already has, which is the one that serves its shopping centers and supermarkets.

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According to reports this Tuesday ‘El PaÃs’, it is a division in which around 5,000 people work, which has 1.2 million square meters of surface in 50 central and regional warehouses, in addition to the warehouses of its points of sale in Spain and Portugal, among which a thousand trailers travel daily, in addition to other means of transport that deliver to stores and homes.

These logistics services are valued at around 400 million (this is what El Corte Inglà © s would spend if it had to hire them outside).

Thus, the company will take advantage of and strengthen its current logistics and transportation infrastructure, even with agreements with other specialists, and will offer it to third parties, to become their logistics operator from start to finish, from the production plants to, if necessary, the customer’s home.

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