http://www.just-food.com/companies/metro-group_id42Latest Metro Group industry news - from just-food.com© 2012 All content copyright just-food.com. Published by Aroq Ltd.Thu, 09 Feb 2012 03:50:22 GMTThu, 09 Feb 2012 03:50:22 GMTjust-food.com - RSS feedjust-food.comhttp://blogs.law.harvard.edu/tech/rss20Some of the world's largest retailers struggled in 2011, which promises to mean even more intense competition in 2012. What could this mean for suppliers? Ultimately, it could mean the industry witnesses more consolidation this year.http://www.just-food.com/management-briefing/2012-supermarket-battles-to-drive-supplier-ma_id118122.aspxMon, 06 Feb 2012 19:04:00 GMT2011 was a year of low consumer confidence, pressure from raw material costs and ever-increasing demands from retailers. This year is set to see more of the same.http://www.just-food.com/comment/food-makers-look-ahead-to-another-tough-year_id118162.aspxMon, 06 Feb 2012 15:24:00 GMTMetro Group has announced a new finance director at its Makro UK cash-and-carry operations.http://www.just-food.com/news/metro-uk-arm-names-new-finance-director_id117996.aspxFri, 20 Jan 2012 12:44:00 GMTMetro Group, the world's third-largest retailer, has confirmed its warning in December that sales and profits in 2011 will be below the levels generated in 2010.http://www.just-food.com/news/metro-group-confirms-2011-sales-profit-fall_id117972.aspxWed, 18 Jan 2012 08:46:00 GMTCharity Oxfam has accused German retailers of sourcing bananas from plantations in Ecuador that have "intolerable and exploitative working conditions".http://www.just-food.com/news/retailers-in-spotlight-over-banana-workers-rights_id117840.aspxFri, 06 Jan 2012 15:16:00 GMTA slump in consumer confidence and a turbulent year at a corporate level for some major retailers were defined 2011. Dean Best looks back at a tumultuous year for the world's major food retailers.http://www.just-food.com/management-briefing/2011-in-review-retail-giants-battle-consumer-weakness-corporate-turmoil_id117768.aspxThu, 22 Dec 2011 10:46:00 GMTGerman retailer Metro Group today (16 December) announced a management reshuffle for the new year.http://www.just-food.com/news/metro-management-reshuffle_id117717.aspxFri, 16 Dec 2011 15:33:00 GMTShares in Metro Group, the world's third-largest retailer, tumbled today (6 December) after it cut its sales and profit forecast for 2011.http://www.just-food.com/news/metro-shares-slump-after-profit-warning_id117601.aspxTue, 06 Dec 2011 17:37:00 GMTIndia's cabinet has relaxed rules on foreign direct investment in the country's retail sector. The move was lauded by global retailers but met with opposition from large sections of the parliament, because foreign companies can now own 51% of multi-brand retail stores. In this special quote unquote, just-food outlines the thoughts of those affected by the announcement.http://www.just-food.com/news/india-retail-reform-special_id117515.aspxTue, 29 Nov 2011 15:38:00 GMTMultinational retailers beware. For all the headlines last week, the passage into India's fledgling and potentially lucrative retail sector is likely to be anything but smooth.http://www.just-food.com/comment/caution-over-indias-retail-ruling_id117493.aspxMon, 28 Nov 2011 15:05:00 GMTGlobal retail dominated our headlines this week, not least with the news that India has decided to ease the rules on foreign investment in the sector. In Europe, Ahold outlined its new strategy, rival Dutch retailer Jumbo snapped up local player C1000 and analysts reflected on the new CEO at Metro Group. Elsewhere, the turmoil surrounding US snack maker Diamond Foods widened when it emerged that a director had been found dead.http://www.just-food.com/news/the-highlights-on-just-food-last-week_id117483.aspxMon, 28 Nov 2011 09:21:00 GMTIndia's cabinet was met with opposition from large sections of the parliament, because of the decision that foreign companies can now own 51% of multi-brand retail stores. After Campbell Soup Co. posted a drop in first-quarter profits and Metro Group appointed a new CEO, both companies have work ahead of them. Meanwhile, General Mills blasted research that the lining of some soup cans increases levels of bisphenol A (BPA).http://www.just-food.com/news/just-foods-week-in-words_id117477.aspxMon, 28 Nov 2011 09:15:00 GMTThe Indian government has reportedly approved plans to further open up the country's retail industry, a decision that could see a wave of foreign investment into the sector.http://www.just-food.com/news/new-delhi-agrees-to-ease-laws-on-foreign-retail-ownership_id117474.aspxThu, 24 Nov 2011 16:01:00 GMTAnalysts have welcomed the appointment of Metro Group CFO Olaf Koch as CEO but warned that he has challenges to face.http://www.just-food.com/news/analysts-support-metro-ceo-koch-but-challenges-remain_id117458.aspxWed, 23 Nov 2011 15:35:00 GMTMetro Group CFO Olaf Koch is being lined up to replace Dr Eckhard Cordes as chairman of the German retail's management board.http://www.just-food.com/news/metro-group-cfo-koch-to-replace-cordes-in-hot-seat_id117427.aspxMon, 21 Nov 2011 13:16:00 GMTMetro Group has confirmed that it will accelerate expansion of its cash-and-carry network in India by opening up to ten more stores.http://www.just-food.com/news/metro-group-to-accelerate-expansion-in-india_id117413.aspxFri, 18 Nov 2011 15:56:00 GMTGerman retail giant Metro Group has declined to comment on reports of a boardroom split over who will replace CEO Dr Eckhard Cordes.http://www.just-food.com/news/metro-board-split-on-new-ceo_id117375.aspxWed, 16 Nov 2011 12:03:00 GMTThis week, food giants continued to post third-quarter results including German retailer Metro Group and food manufacturer Kraft Foods. Meanwhile, B&G Foods snapped up four food brands from Unilever. However, Diamond Foods' acquisition of Proctor & Gamble's brand Pringles has been delayed six months due to an investigation.http://www.just-food.com/news/just-foods-week-in-words_id117247.aspxMon, 07 Nov 2011 09:04:00 GMTIt's financial results season this week, with Kraft and Tate & Lyle performing strongly, while Chiquita and Whole Foods faltered. Diamond Foods' deal to buy Pringles from Procter & Gamble was delayed, prompting consternation among stockholders, and Portuguese retailer Jeronimo Martins announced extensive investments in Latin America. Click on the headlines for more.http://www.just-food.com/news/the-highlights-on-just-food-last-week_id117255.aspxMon, 07 Nov 2011 09:03:00 GMTMetro Group CEO Dr Eckhard Cordes said that the company's full-year EBIT target of 10% growth is still achievable, despite economic uncertainty.http://www.just-food.com/analysis/metro-ceo-cordes-enthusiastic-despite-economic-strife_id117243.aspxFri, 04 Nov 2011 11:10:00 GMT