Metro Cash & Carry

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Metro Cash And Carry
Company typePrivate
IndustryWholesale
Founded1964
HeadquartersDüsseldorf, Germany
Key people
Olaf Koch, CEO
ProductsFast-moving consumer goods
Revenue€29.4 billion (2018) [1]
Number of employees
118,000 (2018)
SubsidiariesMetro Cash & Carry Pakistan
Websitewww.metro-cc.com

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.

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.

Operations

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

METRO in Saint Petersburg, Russia.
Country Opened Wholesale centers
Germany 1964 107
France 1971 98
China 1996 94
Russia 2001 93
Italy 1972 49
Spain1 1972 37
Turkey 1990 33
Ukraine 2003 31
Romania 1996 30
Poland1 1994 29
India 2003 27
Netherlands1 1968 17
Belgium1 1970 17
Czech Republic1 1997 13
Hungary 1994 13
Austria 1971 12
Bulgaria 1999 11
Portugal1 1990 10
Japan 2002 10
Serbia 2005 9
Croatia 2001 9
Pakistan 2007 9
Kazakhstan 2009 6
Slovakia 2000 6
Republic of Moldova 2004 3

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 was two different logos. The first logo of supermarket chain has been in use from 1964 to 2004, and the second and current logo is in use from 2004.

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.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Metro_Cash_%26_Carry&oldid=917941078"