|Traded as||FWB: MEO|
|Founded||1964; Metro AG formed in 1996|
|Area served||Europe, Asia, Africa|
|Products||Cash & Carry/warehouse club, department store, electronics specialty, hypermarket/supercenter/superstore, other specialty|
|Revenue||€66.739 billion (2012)|
|Operating income||€2.113 billion (2012)|
|Profit||€741 million (2012)|
|Total assets||€34.766 billion (2012)|
|Total equity||€6.101 billion (2012)|
|Divisions||Metro Cash and Carry, Real, Media Markt & Saturn, Galeria Kaufhof|
Metro AG, otherwise known as Metro Group, is a German global diversified retail and wholesale/cash and carry group based in Düsseldorf. It has the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. It is the fifth-largest retailer in the world measured by revenues (after Wal-Mart, Carrefour, Tesco and Kroger). It was established in 1964 by Otto Beisheim.
The company operates the following sales divisions:
- Metro and Makro Cash and Carry (Makro stores in the United Kingdom and elsewhere in Europe were acquired from SHV Holdings in 1998): This division accounts for nearly half of group sales as of 2004, and is by far the most internationalised division, with stores in almost every country in which the group operates.
- Real: A hypermarket operator. 265 stores in Germany and 34 elsewhere as of early 2005.
- Media Markt and Saturn: Media Markt and Saturn are consumer electronics stores in Germany and several other European countries.
- Galeria Kaufhof: A department store chain with locations in Germany and Belgium ("Inno").
As of 2007 it has added the former Wal-Mart Germany stores to the Real chain.
As of 2012, the Metro Group operated stores in 25 European countries, 5 Asian countries, and 1 in Africa.
In June 2009 it was reported that the company was looking to purchase some of the assets of Arcandor, after the firm filed for bankruptcy.↵
- "Annual Report 2011" (PDF). Metro AG. Retrieved 20 October 2011.
- Delotte, Switching Channels: Global Powers of Retailing 2012, January 2012, at p. G11.
- Sources claim that German retailer Metro AG is unhappy with Redmond. arstechnica.com. 2 August 2012