Metro Group news

The German wholesaler Metro has teamed up with Plastic Bank to launch an international, multi-year collaboration which aims to collect 65 million plastic bottles before they enter the world's oceans. The equivalent of 1 million kilos of plastic waste The Metro Plastic Initiative was launched on World Ocean Day, which took place on 8 June, and will take place in all 24 countries in which the...

METRO France announced a partnership with TerraCycle’s Loop initiative to reduce the use of single-use plastic. First wholesaler in the world to partner with Loop According to METRO France, it will become the first wholesaler in the world to offer the solution developed by Loop in part of its wholesale stores. This initiative marks Loop’s entrance into the wholesale space. Loop has alre...

The German wholesaler Metro has launched its first B2B online marketplace in Germany that’s dedicated to HoReCa customers (hotel, restaurant, catering). 20,000+ non-food SKU’s from around 40 partners The product assortment consists of more than 20,000 non-food items that are sourced from around 40 partners. Olaf Koch, chairman of the management board of Metro AG, said: “ Our aim is to cr...

We bring you the latest news from Metro Group across the globe. 120 stores to open in Russia Metro plans to open 120 stores in the Krasnodar region, under the banner Fasol. This is set to happen over the next two to three years and the first store has already been opened in the village of Vyselki. Products sold in-store are sourced locally where possible. To date, there are more than 260 st...

The demerger of Metro Cash & Carry and the consumer electronics business has been completed, creating two separate companies. Separate areas of expertise The wholesale and food retail business, which consists of Metro/Makro Cash & Carry and Real hypermarkets, will now be considered as Metro. The consumer electronics business, which consists of Media Markt and Saturn will now be called CEcon...

Metro Group has partnered with Singapore group, Yoma Strategic Holdings Ltd to enter Myanmar. Integrated wholesale platform The joint venture, of which Metro holds an 85% stake and Yoma a 15% stake, will establish an integrated wholesale distribution platform in Myanmar. The new venture will aim to provide quality supplies for local professional customers and hopes to also improve the whole...

As announced in March, Metro Group will be split into a food company and a consumer electronics company in mid 2017. The new company names have been announced as Metro (or Metro WFS) for the wholesale and food business and CECONOMY for the consumer electronics business. Focused operations The split, which was first announced in March , will enable each part of the business to grow faster i...

Metro Group has announced plans to build a new logistics facility in Germany - the country’s largest ever retail logistics park. A groundbreaking development The logistics facility will be built in Marl, in the west of Germany and will cater to Metro Cash & Carry stores and Real hypermarkets. At 220,000 sq m, the retail logistics park will be the largest ever built in Germany and will...

Germany's Metro Group is proposing to split itself into two groups: A wholesale and food specialist group and a consumer electrics group, with implementation targeted for mid 2017. What will the split mean? The demerger would see Metro, Makro and their associated entities (including Real) form one group, and Media-Saturn and its portfolio of formats and brands become a separate group. ...

Metro Group has strengthened its wholesale business with the acquisition of RUNGIS express, a leading premium food supplier. Expanding own foodservice distribution Metro Group has revealed its acquisition of RUNGIS express, the supply business of its wholesale division Metro Cash & Carry. The deal, which is subject to regulatory approval, is part of Metro’s plans to strengthen and expand it...