|This article needs additional citations for verification. (September 2007)|
|Industry||Cash and carry|
|Headquarters||Diksmuide, West Flanders, Belgium|
|Website||Metro AG site
Makro is an originally Dutch chain of Warehouse clubs, also called cash and carries. The first one opened in 1968 in Amsterdam. In the following years more stores opened in the Netherlands and in several other countries within Europe and, in 1971, South Africa. In the 1970s and 1980s Makro extended its business to the Americas and Asia. The stores are not open to the general public (except in Belgium, Brazil and Pakistan), only to businesses which have to be registered members in order to gain entry to the store.
In 2010, Makro Cash & Carry Indonesia was sold to Lotte Mart and rebranded as Lotte Mart Wholesale.
European stores can be found in the Netherlands, Belgium, Poland, Czech Republic, Greece, Portugal, Spain and the United Kingdom. Stores have stretched as far as South Africa, Pakistan, Philippines, Thailand and eastern Asia, Colombia, Peru, Venezuela, Argentina and Brazil (76 stores across Brazil).
Makro stores formerly existed in the United States (bought by Kmart in 1989 and converted into Pace Warehouses the following year), China, Indonesia (both bought by Lotte Mart and converted into such stores), Malaysia (bought by Tesco) and the Philippines (bought by SM Prime Holdings and converted into SM Hypermarket (14 Makro branches) and SaveMore Market (1 Makro branch)).
Makro sells food and non-food products, usually located in different sections of the store. Each store also contains a hot-food cafeteria, and a cash machine.
The food section always includes a fresh fish section, a wine section, fresh meat and butchery department, and refrigerated aisles. The non-food area includes clothing, DIY, office supplies, electricals, computing, and seasonals such as garden furniture.
Special offers are featured via a printed and online fortnightly brochure known as Makro Mail.
The stores are not open to the general public, but serve the following Trades:
- Newsagent's shops and convenience stores.
- Restaurants, hotels and caterers.
- Schools, universities, sport clubs and associations.
Customers can shop at Makro with a membership card.
Makro UK used to have the tag-line "The UK's No.1 Discounter". This tag-line was replaced with "For Professionals". Makro has subsequently changed this to "Your business partner everyday".
Recent changes to the Makro UK structure include the closure of three stores: Wolverhampton, Coventry and Swansea. Metro have announced that the company has to be financially independent by 2011.
- Makro South Africa History Retrieved 9-10-2013.
- Massmart history Retrieved on 9-10-2013