All Metro Group articles
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NewsBreakfast briefing: Retail news on BRC retail sales, Metro and Sainsbury’s
Retail news round-up: Hot summer drags down August sales, Metro board approves business split, and Sainsbury’s food waste report
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NewsAnalysis: CP All presses button on Southeast Asian expansion
Thailand’s largest multichannel operator CP All is investing up to THB9bn (£179.3m) to expand its Siam Makro business at home and overseas.
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NewsAnalysis: Metro's strong balance sheet bodes well for demerger plans
In a shock move, Germany’s Metro Group announced it was examining a proposed split into two independent, individually stock-listed companies.
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NewsMetro Group to split into two businesses in a bid to 'accelerate growth'
German retail giant Metro has unveiled plans to split into two businesses in a bid to “accelerate growth” and increase its customer focus.
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NewsSaks Fifth Avenue may launch in Europe as Hudson’s Bay buys Galeria Kaufhof
Hudson’s Bay Company, owner of Saks Fifth Avenue, is to buy German department store business Galeria Kaufhof from Metro Group.
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NewsMetro acquires stake in German start-up grocer Emmas Enkel
German retailer Metro Group has taken a stake in multichannel grocer Emmas Enkel and plans to expand the start-up’s physical and online presence.
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NewsInternational retailers Auchan and Metro strike joint buying partnership
German giant Metro and French powerhouse Auchan have struck a joint purchasing partnership designed to make the most of their strength when negotiating with suppliers.
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NewsBreakfast briefing: Retail news on eBay, House of Fraser, shop prices and more
Retail news round-up on September 3, 2014: Shop prices fall; Metro sells stake in Booker; Mike Ashley holds onto House of Fraser stake; and more.
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OpinionComment: Could Germany be about to open shop for British retailers?
With a population of over 80 million and one of the world’s most robust economies, Germany is probably the biggest retail market in Western Europe.
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News
Metro Cash & Carry to expand network
Metro Cash & Carry is to expand its network with openings in Vienna and western Austria.The retailer is also considering opening Junior cash and carrys with a smaller sales area, a higher proportion of food items and a greater focus on servicing hotels, restaurants and catering companies.
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OpinionComment: Retail lessons from Home Depot's failure in China
US retailer Home Depot has decided to pull out of China, shutting all its stores.
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News
Eckhard Cordes resigns from Metro
Eckhard Cordes, chief executive of retail group Metro, announced that he will be resigning from his post by October 31, 2012. He has lead Metro since 2007 and will be a member of the supervisory board until his successor is found.
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News
Metro Group posts first half results
Metro Group has posted results for its first half, showing that sales rose by 0.1% to E31.3bn (£27.1m) compared with the previous year. In local currency, sales grew by 0.2%. Net profit for the period, before special items, reached E83m (£72m) compared with E127m (£110.2m) in 2010.Sales in the international ...
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Metro Group prepares for sale of hypermarket chain Real
Metro Group is said to be preparing for the sale of its hypermarket chain Real, which has been completely refurbished, with underperforming hypermarkets closed and costs reduced. Sale talks with financial investors are currently underway.Nothing concrete is in place yet, as Metro - which is looking to sell the chain ...
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French competition authorities approve Saturn's 34 acquisitiion
The acquisition of Metro Group-controlled Saturn’s 34 Saturn consumer electronics stores in France has been approved by the French competition authorities with conditions. The chain is to be sold to HTM Group, the operator of the Boulanger banner, and is due to take effect today.HTM will take over existing staff, ...
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AnalysisMetro dips into Indonesia with cash and carry outlets
Metro Group has announced that it is to open its first cash and carry in Jakarta, Indonesia in 2012, joining forces with Indonesian investment holding Sintesa Group
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AnalysisMetro Group announces record earnings for 2010
Germany’s Metro Group announced record earnings in 2010, with all banners contributing to this growth.
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AnalysisFacilities Management: At your service?
Improving both performance and cost effectiveness of facilities management strategies is the goal for many retailers, but honing the right solution remains mired in challenges. Mark Faithfull reports
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NewsTesco poised to be fastest growing global retailer
Tesco is set to be the fastest growing retailer of the global grocery top four, according to research house IGD.
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AnalysisCarrefour enters India solo with cash and carry store
Following in the footsteps of its global rivals, Carrefour has finally entered the Indian market with its first cash and carry store