After losing the support of the Metro Group board, CEO Dr Eckhard Cordes this week announced his plan to leave the world's third-largest retailer by next year. Elsewhere in retail, Sainsbury's made its latest move in the battle for the UK's deal-hungry consumers and the country's retailers met at the annual IGD conference. On the other side of the Atlantic, meanwhile, PepsiCo brushed off the latest questions on whether the company was considering to split in two.