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UK: FY sales, profits up at retailer Booker

23 May 2013

UK wholesale and c-store retailer Booker today (23 May) reported higher annual sales and profits.

GERMANY: Metro appoints restructuring head for Egypt, Kazakhstan ops

15 May 2013

Metro 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.

GERMANY: Q1 losses narrow at Metro Group

2 May 2013

German retail giant Metro Group's first-quarter losses narrowed thanks to an improved performance at its domestic supermarket and consumer electronic stores.

The week ahead - US retail conference; Kellogg, Kraft Q1s

29 Apr 2013

Wal-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.

UK: Booker revenues up on catering sales

4 Apr 2013

UK wholesaler Booker Group has booked an increase in revenue during 2012, led by gains from non-tobacco sales to caterers.

GERMANY: Profits at retailer Metro Group slump

20 Mar 2013

German retail giant Metro Group has blamed its steep drop in profit during 2012 on higher investment levels and challenging operating conditions.

GERMANY: Metro cash & carry CEO Muller leaves amid restructure

18 Mar 2013

The CEO of Metro Group's cash and carry business, Frans Muller, is to step down as part of efforts to streamline its top management.

UK: Booker shares jump on provisional OK for Makro deal

14 Mar 2013

Shares 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.

GERMANY: Metro earnings slump

4 Mar 2013

German retailer Metro Group has reported a slump in earnings, as weakening consumer sentiment in Europe hit the group's 2012 performance.

HORSEMEAT: Ahold, Metro Group pulls horsemeat products

14 Feb 2013

German retailer Metro Group and Dutch peer Ahold are among the latest firms to recall products after admitting certain lines contained horsemeat.

UPDATE: GERMANY: Haniel sees remaining Metro stake as "anchor investment"

6 Feb 2013

Franz 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.

GERMANY: Haniel generates EUR300m from Metro stake reduction

6 Feb 2013

Germany investment company Franz Haniel & Cie has generated proceeds of EUR300m (US406.2m) from the completed reduction of its shareholding in Metro Group.

GERMANY: Metro Group FY sales creep up, confirms guidance

16 Jan 2013

German 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.

The just-food review of 2012: International food retail highs and lows

18 Dec 2012

Grocers 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.

Editor's choice: the highlights on just-food last week

10 Dec 2012

The 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.

TURKEY: Makro Market buys stake in Uyum Foods

4 Dec 2012

Dutch supermarket operator Makro Market has acquired a stake in Turkey retailer Uyum Foods.

Editor's choice: the highlights on just-food last week

3 Dec 2012

ConAgra 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.

Quote, unquote: just-food's week in words

3 Dec 2012

Last 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.

GERMANY: Auchan buys Metro's Real eastern Europe unit

30 Nov 2012

German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn).

GERMANY: Metro silent over Auchan talks for Real deal

29 Nov 2012

German 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.

GERMANY: Haniel to reduce stake in Metro Group

28 Nov 2012

Germany investment company Franz Haniel & Cie has said it will reduce its stake in retail giant Metro Group in a bid to reduce debt.

GERMANY: Metro tight-lipped over Real eastern European sale talks

26 Nov 2012

German retail giant Metro Group has declined to comment on reports it is in talks with several potential buyers for its Real stores in eastern Europe.

UK: Booker's Makro acquisition raises competition concerns

8 Nov 2012

The UK's Office of Fair Trading (OFT) has referred Booker's acquisition of Makro to the country's competition authority.

GERMANY: Metro silent over Real exec exit talk

2 Nov 2012

Metro Group has declined to comment on reports the CFO and COO of its Real hypermarket chain in Germany are to step down.

GERMANY: Metro Q3 profits fall but keeps FY forecast

30 Oct 2012

Metro Group reported lower third-quarter profits but its shares climbed after the German retail giant stuck to its forecast for annual earnings, which it had cut earlier this month.

GERMANY/RUSSIA: Metro "unchanged" on Real despite takeover talk

26 Oct 2012

Metro Group has said the company's view on its Real hypermarket chain is "unchanged" despite reports linking three rivals to its stores in Russia.

GERMANY: Metro cuts FY EBIT forecast

8 Oct 2012

German retail giant Metro Group has issued a profit warning for the full year amid a "worsening" European consumer environment and its impact on spending.

INDIA: Metro planning cash-and-carry store openings

25 Sep 2012

Germany's Metro Group is planning to open four additional cash-and-carry stores in India by the end of fiscal 2012.

UK: Booker admits Makro "challenges"

20 Sep 2012

Booker has said Makro's performance in the second quarter was "challenging" as the firm booked an increase in group sales.

BRICs and beyond: Auchan bets on India's potential

17 Aug 2012

The French retailer has become the latest multinational to enter India. We look at its new partnership with local player Max Hypermarket.





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