Payment with Mobile and Macrotiendas: These Are The News Reaching Us from Zara

by | June 3, 2017

Yesterday, July 19, meeting of shareholders was held at the headquarters of Inditex. The President of the company, Pablo Isla, announced some news that will affect our shopping experience in the various stores of the Group. These are the main innovations that were announced yesterday:

Introduction of the mobile in-store payment

From September, It will be possible to pay at stores of the group through mobile phone. The option will be available in the apps of the eight brands that have sales online (Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe). In addition, the multinational Galician will introduce a self-made software, InWallet, that will enable the integrated management of the receipts, in the face of a future elimination of paper receipts.

Opening of macrotiendas

September is also the month that occur two developments related to new Zara stores, mark teaches Inditex. The first one will be the opening of the macro flagship of the brand in A Coruña, in the surroundings of plaza de Lugo, what has been called ‘Apple Inditex’, since the majority of establishments in the area are already occupied by flagships of other brands of the Group.

On the other hand, will also be after the summer when start the works for what will be the biggest store Zara Spain. A building will be in Madrid, on the Paseo de la Castellana, number 79, owned by Amancio Ortega. With nearly 5,000 square meters, it will double the surface of the current flagship of Serrano.

Economic figures

Pablo Isla started his speech at the meeting of shareholders thanking them for the task of more of 150,000 workers of the Group, with particular emphasis on the 600 designers of collections.

As long as Inditex presents economic figures, the numbers are dizzying. Turnover last year amounted to 21,000 million euros, a rise of 67% in the last five years. The benefits were 2,875 million, an increase of 15% over the previous year and 65% compared to 2010.

Inditex is present in 90 countries, with 7.013 shops (330 rather than in 2014 and almost 2,000 more that five years ago). The latter countries in which it has entered are Aruba and Nicaragua and premiering soon in New Zealand and Viet Nam. With regard to the effects of the Brexit in the presence of the company in United Kingdom, Island stated that plans are kept 100%, both in relation to extensions of physical stores, and online sales.