Metro Group news

15 November 2021
Carrefour plans to become net zero by 2040, while Lidl Switzerland said it had reduced its carbon footprint by 11%. Furthermore, we look at retailers adopting the environmental labelling system, Planet-Score. Finally, Metro completed phase one of its food waste prevention initiative, with over 30 suppliers committing to the project. Carrefour sets carbon neutrality target Carrefour plans to...
07 September 2021
We bring you the latest news on Metro Group’s international activities. Metro Austria acquires Rewe’s wholesale stores The Austrian division of Metro has acquired nine wholesale stores belonging to Rewe, as well as its delivery business. Sales from the business were €125mn in 2019 and customers totalled more than 20,000. This move enables Metro to strengthen its presence in Austria and buil...
29 July 2021
Metro Group has published Q3 results and announced it has raised its outlook for sales and EBITDA for its 2020/21 financial year due to ‘ better than expected business development since the easing of restrictions ’. Like-for-like sales up by 15% in Q3… Metro reported total sales were up by 12.2% to €6.2 bn, while sales in local currency and like-for-like terms rose by 15.4% and 15.0% respec...
08 July 2021
Local trade publication Distrifood has reported that Netherlands-based Jumbo has begun a collaboration with Makro to sell part of the latter’s business-focused range through its own website. Collaboration to add almost 1,000 new SKUs Jumbo will add almost 1,000 SKUs from Makro exclusively at the web site address Jumbo.com/zakelijk. The additional products will help it target the needs of sp...
23 April 2021
Although the company was able to report its sales and earnings were within guidance expectations in the first half of its financial year, Metro has updated its guidance for its 2020/21 financial year. The decision to update its guidance came as restrictions implemented as a result of COVID-19 continued to be implemented and impact on its performance. On-going restrictions impacting on performa...
19 April 2021
Continuing the shifts in membership amongst European buying alliances, Auchan, Casino, DIA, Metro and Schiever have said they are not planning to renew their Horizon purchasing alliance for 2022. Meanwhile, due to these changes and others at AgeCore , Casino and Intermarché have announced the creation of a new alliance. Horizon to end, by mutual consent Auchan, Casino, DIA, Metro and Sch...
17 March 2021
As Metro AG’s local operations commit to its long-term strategy, the group launches new services to support HoReCa customers and partners with Loop to reduce single-use plastic packaging. Metro launches DISH to support HoReCa businesses As it looks to support independent restaurants, Metro’s tech division, Hospitality Digital, has launched a new tool, DISH Order. The solution plugs into res...
11 February 2021
Germany-based wholesaler Metro reported sales were down 11.2% in local currency terms, to €6.3 bn. The company said, despite its performance being affected strongly by COVID-19 restrictions in many of its markets, it had outperformed its peers in its core markets of Germany, France, and Italy. Western Europe sees strongest effect from pandemic Metro said its operations had performed better ...
10 February 2021
After establishing a chief executive transition team in November 2020 to jointly assume the position of CEO as it searched for a new chief executive, Metro AG has now appointed a new person to the role, Steffen Greubel. Greubel signs three-year contract Greubel will take up the role as Metro AG chief executive on 1 May 2021, with Metro’s chief financial officer, Christian Baier, and COO...
14 January 2021
As Metro continues its evolution as a company, we round up developments in Spain, France and Romania as it looks to strengthen its operations globally and in the specific countries. Metro to promote digital transformation with Wipro Metro and Wipro have announced a strategic digital and IT partnership ‘ to drive forward the transformation of the Group's IT and to concentrate more strongly i...