Retail Section
Metro Group
Website: www.metrogroup.de
Created in 1996 by a merger of several major retailing companies, today METRO Group is a modern, international, high-performance retailing group with around 2,400 locations in 30 countries, one of the major companies in the industry worldwide. Some 270,000 employees from 150 nations are working at around 2,400 outlets in 31 countries in Europe, Africa and Asia.
The portfolio of Metro Group sales brands includes following stores formats: Cash & Carry (Metro Cash & Carry), hypermarkets (Real, Extra), consumer electronics stores (Media Markt, Saturn) and department stores (Galeria kaufhof). Now at 55.9 percent, the foreign share of group sales has reached a record high.
Metro Group achieves consistent sales growth by energetically entering foreign markets and extending its international sales network. The growth markets of Eastern Europe and Asia stand at the forefront for the group. Metro Group’s international expansion efforts are focused in particular on its high-volume and high-margin retail brands Metro Cash & Carry, Media Markt and Saturn.
Articles related to Metro Group
- 05-09-2008 METRO Cash & Carry to open in Kazakhstan
- 17-06-2008 Cash & Carry to invest €146 million in Egypt
- 13-06-2008 Meal solutions make big profits
- 09-06-2008 Metro puts RFID tags on meat
- 26-05-2008 Listen to the radio tag
- 20-05-2008 Egypt welcomes Germany's Metro
- 31-03-2008 Tesco makes plans for Russia
- 27-03-2008 Metro to expand Turkish market
- 24-03-2008 Campbell's opens 'state of the art' megastore
- 17-03-2008 New RFID phase for Metro
- 18-02-2008 Collaboration between IFS and SQF certification...
- 13-02-2008 Poland: New horizons
- 05-02-2008 Of hype and hope
- 04-02-2008 Eroski installs ESLs in its hypermarkets
- 03-02-2008 CPG survival of fittest
Retail Profile article
Metro’s mission: the spirit of commerce
Changes are afoot among the retail giants of Germany. Takeovers of the smaller companies have not always had the desired results and some units are underperforming. Can consolidation or even French know-how provide a solution?
Elsevier Food International, Vol. 11, Number 1, February 2008 Klaus D. Schwarz
Read more...
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