Restarts a prominent and bustling store in Madrid's city center
The iconic Fnac Callao, a staple of Madrid's retail landscape for over 30 years, is set to reopen its doors following a comprehensive renovation. Managed by Merlin Properties, the renovation involves a significant reduction in the building's space dedicated to Fnac, from 7,000 square meters to approximately 4,000 square meters.
This transformation sees the commercial surface of Fnac Callao expand to 70% of the total, up from the previous 40%. The store, which specialises in electronics, music, books, and video games, among other cultural and technological products, has been closed since January 2023 for the renovation works.
Located at Plaza de Callao, the store is moving to a new location within the building - Callao 5. The area, which includes Gran Vía, has consolidated as a reference commercial epicentre, with the opening of Primark in 2015 and the recent arrival of the Asian Miniso.
The renovation of Fnac Callao coincides with a period of transformation for the Callao and Gran Vía area, where major international brands have established their flagship stores in recent years. The store, which was once one of the headquarters of the famous Galerías Preciados, is expected to reopen on September 18, 2023, at 11:00 am.
Fnac, which has 39 stores in Spain and 10 in Madrid, remains the leading distributor in Europe of technological and cultural products. The new Fnac Callao is set to contribute to the chain's projected billing of 400 million euros by 2027. The renovation project promises to transform both the commercial space and the consumer experience.
[1] Note: At the time of writing, there were no verified details available on the Fnac Callao store's reopening plans. Further information may be obtained by revisiting search results or contacting Merlin Properties or Fnac directly.
- With the renovation, Fnac Callao is expected to increase its focus on lifestyle products such as books, home-and-garden items, and merchandise, given the expanded commercial space.
- Post-renovation, shopping at Fnac Callao in Madrid will not only provide them with the latest electronic and cultural products but also offer home-and-garden items, contributing to enhancing their lifestyle.
