Metro Cash & Carry

METRO Cash & Carry is a German multinational wholesale chain, owned by Metro AG, which operates membership-only warehouse clubs across Europe, China, India, Japan and Pakistan.

Metro Cash And Carry
Private
IndustryWholesale
Founded1964
HeadquartersDüsseldorf, Germany
Key people
Olaf Koch, CEO
ProductsFast-moving consumer goods
Revenue29.4 billion (2018) [1]
Number of employees
118,000 (2018)
ParentMetro AG 
SubsidiariesMetro Cash & Carry Pakistan
Websitewww.metro-cc.com

The cash-and-carry concept is based around self-service and bulk buying targets business owners. Core customer groups are hotels, restaurants, caterers, traders, and other business professionals.

ARG Market & Store Opening

As of June 2019, Metro Cash & Carry is operating around 769 stores in 26 countries.[2]

METRO in Saint Petersburg, Russia.
Country Opened Wholesale centres
Germany1964107
France197198
China199694
Russia200193
Italy197249
Spain1197237
Turkey199033
Ukraine200331
Romania199630
Poland1199429
India200327
Netherlands1196817
Belgium1197017
Czech Republic1199713
Hungary199413
Austria197112
Bulgaria199911
Portugal1199010
Japan200210
Serbia20059
Croatia20019
Pakistan20079
Kazakhstan20096
Slovakia20006
Republic of Moldova20043

1 Operating under Makro brand.

Former operations

United Kingdom

In 2012, Metro sold its 30 Makro stores in United Kingdom to Booker Group.[3]

Denmark

Metro opened the first store in 1971 in the Copenhagen suburb of Glostrup. Since then stores have been opened in Aarhus, Kolding, Sydhavnen in Copenhagen and Aalborg in chronological order. Denmark was one of the first countries to begin operating delivery services out of the stores and had its own truck fleet that covered all of Denmark. Metro left Denmark in December 2014.[4]

Greece

In 2014, Metro sold the Makro Greek business, composed of 9 stores, to Sklavenitis.[5]

Egypt

The first store opened in June 2010 and the second in October 2010.[6] Both stores were closed some time within 2013-2015, as the company started withdrawing from loss-making markets.

Morocco

In 2010, Metro sold the Makro subsidiary in Morocco.[7]

Vietnam

In 2014, Metro Group signed an agreement to sell its subsidiary in Vietnam, consisting of 19 stores, to the Thai group Berli Jucker worth €665 million.[8]

Logos

From 1964, for this supermarket chain, there were two different logos. The first logo of the supermarket chain had been in use from 1964 to 2004, and the second and current logo is in use since 2004.

gollark: I think you overestimate people.
gollark: See, most code in the wild is actually awful and bad.
gollark: Which is HIGHLY realistic.
gollark: osmarks projects hosting™ is ideal* for backups.
gollark: How *are* massive genocide/civil war rates nowadays?

See also

References

  1. "METRO Cash & Carry" (PDF). Metro AG. Retrieved 2019-06-08.
  2. "METRO Cash & Carry". Metrog-cc.de. Retrieved 2019-06-08.
  3. "The Grocer - Booker swoops to buy up beleaguered Makro". Retrieved 25 May 2015.
  4. "METRO Cash & Carry sells parts of the Danish business to Euro Cater". Metrogroup.de. 2014-10-10. Retrieved 2015-09-24.
  5. "Germany's Metro sells nine Greek cash-and-carry stores". Reuters. 2014-11-25. Retrieved 2019-06-09.
  6. "مترو | TOP-LEVEL". Archived from the original on February 16, 2013. Retrieved 2015-09-24.
  7. "METRO Cash & Carry divests business in Morocco". Metro AG. 2010-11-22. Retrieved 2019-06-09.
  8. "METRO GROUP signs agreement to divest its wholesale activities in Vietnam". 7 August 2014. Retrieved 1 March 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.