Metro Group sets out blueprint for growth
German retail giant looks to shake-up to revive growth
In the spotlight: Metro's upbeat outlook
17 March 2010
German retailer Metro Group today (17 March) posted declining earnings for 2009. However, the company also unveiled a major shake-up of management at its wholesale unit and insisted that cost cuts and investment in emerging markets positioned it well for future growth. Katy Humphries reports.
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.
UPDATE: GERMANY: Metro management shake-up to streamline business
17 March 2010
Metro Group is to integrate the management structure of its Metro AG holding company and Metro Cash & Carry units in order to drive growth in new markets and reduce costs.
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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