http://www.just-food.com/companies/metro-group_id42Latest Metro Group industry news - from just-food.com© 2013 All content copyright just-food.com. Published by Aroq Ltd.Thu, 23 May 2013 01:13:13 GMTThu, 23 May 2013 01:13:13 GMTjust-food.com - RSS feedjust-food.comhttp://blogs.law.harvard.edu/tech/rss20Metro Group has appointed a director of restructuring for its Egypt and Kazakhstan operations, countries the German retail group is reported to be looking to exit.http://www.just-food.com/news/metro-appoints-restructuring-head-for-egypt-kazakhstan-ops_id123210.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupWed, 15 May 2013 14:53:00 GMTGerman retail giant Metro Group's first-quarter losses narrowed thanks to an improved performance at its domestic supermarket and consumer electronic stores.http://www.just-food.com/news/q1-losses-narrow-at-metro-group_id123051.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupThu, 02 May 2013 11:34:00 GMTWal-Mart, Kroger and Supervalu are among the US retailers presenting at a Barclays sector conference next week. The first-quarter results will continue to roll in, with Kellogg, Kraft Foods Group and Canadian retailer Loblaw part of a group of companies to publish numbers.http://www.just-food.com/news/the-week-ahead-us-retail-conference-kellogg-kraft-q1s_id122985.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupMon, 29 Apr 2013 09:13:00 GMTUK wholesaler Booker Group has booked an increase in revenue during 2012, led by gains from non-tobacco sales to caterers.http://www.just-food.com/news/booker-revenues-up-on-catering-sales_id122708.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupThu, 04 Apr 2013 12:00:00 GMTGerman retail giant Metro Group has blamed its steep drop in profit during 2012 on higher investment levels and challenging operating conditions.http://www.just-food.com/news/profits-at-retailer-metro-group-slump_id122572.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupWed, 20 Mar 2013 11:27:00 GMTThe CEO of Metro Group's cash and carry business, Frans Muller, is to step down as part of efforts to streamline its top management.http://www.just-food.com/news/metro-cash-carry-ceo-muller-leaves-amid-restructure_id122542.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupMon, 18 Mar 2013 12:50:00 GMTShares in UK wholesaler Booker jumped today (14 March) after the UK's Competition Commission indicated it is preparing to clear the group's acquisition of Makro from Germany's Metro Group.http://www.just-food.com/news/booker-shares-jump-on-provisional-ok-for-makro-deal_id122510.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupThu, 14 Mar 2013 14:49:00 GMTGerman retailer Metro Group has reported a slump in earnings, as weakening consumer sentiment in Europe hit the group's 2012 performance.http://www.just-food.com/news/metro-earnings-slump_id122394.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupMon, 04 Mar 2013 17:28:00 GMTGerman retailer Metro Group and Dutch peer Ahold are among the latest firms to recall products after admitting certain lines contained horsemeat.http://www.just-food.com/news/ahold-metro-group-pulls-horsemeat-products_id122164.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupThu, 14 Feb 2013 17:29:00 GMTFranz Haniel & Cie has said it regards the remaining holding it has in Metro Group as an "anchor investment", suggesting it is unlikely to reduce the shareholding further.http://www.just-food.com/news/haniel-sees-remaining-metro-stake-as-anchor-investment_id122061.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupWed, 06 Feb 2013 15:17:00 GMTGermany investment company Franz Haniel & Cie has generated proceeds of EUR300m (US406.2m) from the completed reduction of its shareholding in Metro Group.http://www.just-food.com/news/haniel-generates-eur300m-from-metro-stake-reduction_id122055.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupWed, 06 Feb 2013 15:00:00 GMTGerman retailer Metro Group has reported a slight lift in overall net sales in 2012, enabling the firm to reconfirm its operating profit guidance for the year.http://www.just-food.com/news/metro-group-fy-sales-creep-up-confirms-guidance_id121778.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupWed, 16 Jan 2013 11:13:00 GMTGrocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the channel from the world's food retailers. However, the year was not just about expansion. Some of the world's largest grocers have scaled back overseas, with the trend towards internalisation slowing. Michelle Russell takes a look at the highs and lows for international retailers in 2012.http://www.just-food.com/analysis/international-food-retail-highs-and-lows_id121549.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupTue, 18 Dec 2012 16:09:00 GMTThe week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led a private-equity buy-out of UK discounter B&M Retail and Canada's Saputo agreed to buy Dean Foods' Morningstar arm. Meanwhile, Singapore agribusiness giant Olam International found its finances under scrutiny and we interviewed the head of Nestle's operations in equatorial Africa.http://www.just-food.com/news/the-highlights-on-just-food-last-week_id121458.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupMon, 10 Dec 2012 08:38:00 GMTDutch supermarket operator Makro Market has acquired a stake in Turkey retailer Uyum Foods.http://www.just-food.com/news/makro-market-buys-stake-in-uyum-foods_id121413.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupTue, 04 Dec 2012 10:31:00 GMTConAgra Foods' deal to buy US private-label group Ralcorp Holdings last week added some spice to a pedestrian year for M&A. Staying with acquisitions in the US, Hostess Brands said it had received more than 100 bids for its assets. In Europe, Dutch retailer Ahold said it would up its cost cuts, with a focus on sourcing and promos. And in the UK, leading grocers signed up to a new code of special offers.http://www.just-food.com/news/the-highlights-on-just-food-last-week_id121392.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupMon, 03 Dec 2012 08:43:00 GMTLast week, just-food spoke with ConAgra's president of sales Doug Knudsen in the wake of the company's deal to acquire Ralcorp. Other deals this week have included the purchase of Metro Group's eastern European operations by Auchan, while Ahold outlined progress on its "six strategic pillars" strategy at its Capital Markets day in the US.http://www.just-food.com/news/just-foods-week-in-words_id121387.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupMon, 03 Dec 2012 08:44:00 GMTGerman retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn).http://www.just-food.com/news/auchan-buys-metros-real-eastern-europe-unit_id121383.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupFri, 30 Nov 2012 14:29:00 GMTGerman retailer Metro Group has remained silent over reports it is closer to striking a deal to sell its Real grocery chain in eastern Europe to French retailer Auchan.http://www.just-food.com/news/metro-silent-over-auchan-talks-for-real-deal_id121368.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupThu, 29 Nov 2012 22:28:00 GMTGermany investment company Franz Haniel & Cie has said it will reduce its stake in retail giant Metro Group in a bid to reduce debt.http://www.just-food.com/news/haniel-to-reduce-stake-in-metro-group_id121357.aspx?utm_source=company-feed&utm_medium=rss-feed&utm_campaign=rss-feed&utm_content=metro-groupWed, 28 Nov 2012 14:47:00 GMT