In the spotlight - Metro Group's expansion plans
By: Dean Best
German retail giant Metro Group had a challenging 2009 but wants to pick up overseas investment this year. However, problems in the eurozone could hit consumer spending and Metro remains committed to cutting costs. Is now the right time for expansion?
In the spotlight: Metro ramps up expansion
21 May 2010
German retailer Metro Group has unveiled plans to increase its investment in international expansion and is targeting high-growth markets in Asia to help offset weakening sales in Europe. With Metro eyeing long-term gains, Katy Humphries asks if the time is ripe for a major expansion drive.
GERMANY: Metro "steps up" expansion after 2009 lull
21 May 2010
German retail giant Metro Group has outlined plans to "step up" its international expansion in 2010 after a challenging 12 months for the business.
On the money: Metro focuses on international to drive profits
17 March 2010
Metro Group today (17 March) raised its mid-term profit targets, insisting that its focus on international expansion coupled with its Shape 2012 cost-cutting programme will drive growth at the German retailer.
GERMANY: Metro remains upbeat as profits slide
17 March 2010
Metro Group has said that it expects to see a “tangible” increase in profits in the coming year despite this morning (17 March) posting a drop in earnings for fiscal 2009.
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