Talking shop: Should Makro look to Booker for success?
By: Petah Marian | 14 June 2011
Metro Group replaced four of the five board members working in its Makro UK cash-and-carry division last week, including managing director Hannes Floto. As the German retail giant works to turnaround the business, industry watchers suggest that Makro's future in the UK may lie with local rival Booker, either looking to the resurgent chain for inspiration or through a sale. Petah Marian reports.
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Metro Group replaced four of the five board members working in its Makro UK cash-and-carry division last week, including managing director Hannes Floto. As the German retail giant works to turnaround the business, industry watchers suggest that Makro's future in the UK may lie with local rival Booker, either looking to the resurgent chain for inspiration or through a sale. Petah Marian reports.
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