El Corte Inglés will reduce its presence on the Costa del Sol with the complete restructuring of its Costa Mijas store, in Las Lagunas.
The company anticipates a drastic reduction in the commercial space and the number of employees, which currently stands at 460.
SUR has learned that it will be a partial closure of the store although specific details of departments affected have not yet been released.
External firms, such as Correos (the post office), could continue to operate in the building as could El Corte Inglés' own companies such as the opticians and the travel agency.
The Hipercor hypermarket is set to close, however, according to sources.
The action in Mijas is part of the restructuring process initiated by the company at the national level to alleviate the effects of Covid-19 and face the significant drop in sales.
At the moment, the exact date on which the changes will take place has not been confirmed although it is anticipated that it will be in early summer.
Some 460 people currently work at Costa Mijas and there will be "significant" job losses although the company has said it will endeavour to relocate as many staff as possible to other stores.
El Corte Inglés opened Costa Mijas in March 2006 after investing 130 million euros in the store. The centre occupies an area of 135,000 square metres in the heart of Las Lagunas. It has a commercial area of 35,500 square metres and two floors of underground parking with capacity for 1,775 vehicles.
The chain currently has five large stores in Malaga province: two in the city, two in Marbella and the one in Mijas.