The city of Alicante gets ready for the closing of the FNAC store. Situated in the heart of the city, this closure marks the end of the brand’s 25-year run in Alicante. The business will shut down. at the end of January, which also happens to be when the lease for the space where it operates expires.
The decision is purely contractual in nature rather than the result of a company-wide downsizing. The information that is currently available indicates that no agreement has been reached about the lease renewal. As a result, the business has decided to permanently close the point of sale.
An important cultural site in the centre of Alicante
The store has served as a hub for cultural and technological offers for over 20 years. In addition to selling books, music, movies, video games, and electronics, it also hosts signings, presentations, and events related to the city’s cultural life.
Its Centro Comercial Bulevar Plaza Alicante location, which is adjacent to Station Avenue, made it one of the most well-known establishments in the city centre with a close relationship with both residents and tourists.
Staff situation
Although the closure also has a labour and economic impact on the surrounding area, the corporation has offered voluntary relocation possibilities to other locations in the chain for its employees, which is a typical measure in this kind of operation.
In light of the changing urban commercial model and consumer patterns, Fnac’s farewell thus signifies the end of a phase for cultural commerce in the heart of Alicante.
Author: Derek Appleton
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