Metro Group

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GERMANY: Metro decides on one CEO for Real arm

13 Aug 2012

German retail giant Metro Group has decided to create a CEO role for its entire Real hypermarket operations.

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

6 Aug 2012

Concerns over commodity costs, particularly corn, continued last week, with the US meat sector calling for government help. Meanwhile, the first-half results continued to roll in, with Kellogg claiming it is making good progress in Europe after a challenging few months. Elsewhere, we looked at Fresh Del Monte's plans to diversify its operations and published our latest briefing on how manufacturers and retailers are using social media.

On the money: Metro to reveal plans for Real in November

31 Jul 2012

Metro Group has said it will reveal further details of plans for the future of its Real hypermarket chain in November.

GERMANY: Metro shares climb despite Q2 profits slide

31 Jul 2012

Metro Group's shares were up this morning (31 July) despite the German retail giant booking a net loss in the second quarter.

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

23 Jul 2012

Anxiety grew this week that unusual weather in the US, UK and elsewhere could push up commodity prices. The row over milk prices in the UK continued, with farmers blockading retail and processor sites as anger remained over price cuts. And Metro Group, the German retail giant, announced cuts of its own, with 900 jobs to be lost as it looks to lower costs.

GERMANY: Metro to cut 900 jobs globally

19 Jul 2012

German retailer Metro Group has confirmed it will make around 900 job cuts globally as part of a cost-cutting initiative unveiled in May.

Comment: Booker sees strength in food

18 Jul 2012

UK wholesaler Booker Group unveiled a resilient first-quarter sales performance. While lower tobacco sales weighed on the firm's revenues, non-tobacco, which primarily includes food and drink products, saw strong growth despite fears the poor weather and tough comparisons would dampen the result.

UK: Booker reaffirms outlook

18 Jul 2012

UK wholesaler Booker has said it is on course to meet its full-year expectations after making a "good start" to its new financial year.

GERMANY: Metro denies Real hypermarket disposal plan

6 Jul 2012

Metro Group has denied reports it is looking to sell off its Real hypermarket stores outside Germany.

CHINA: Metro eyes cash-and-carry growth in China

4 Jul 2012

Metro Group plans to open a ten more cash-and-carry outlets in China this year.

GERMANY: Metro opens Munich delivery depot

4 Jul 2012

Metro Group has opened a regional delivery depot in Munich to improve the supply chain of its cash-and-carry unit in Bavaria.

GERMANY: Metro tight-lipped over Cash & Carry job cuts

29 Jun 2012

Metro Group's cash-and-carry unit has declined to comment on reports it is looking to make "significant" job cuts in Germany.

POLAND: Metro Group to re-start Real expansion

27 Jun 2012

Metro Group plans to open the first Real hypermarket that it has opened in four years in Poland in 2013.

RUSSIA: Metro rolls out Fasol c-store franchise format

18 Jun 2012

Metro Group has launched its first convenience store format in Russia under the banner ‘Fasol' as part of a trial in the country.

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

1 Jun 2012

The headlines had a European flavour this week with the ongoing uncertainty over the future of French poultry giant Groupe Doux and the takeover of Metro Group's UK cash-and-carry division by food wholesaler Booker. Elsewhere, we talked to Swiss manufacturer and retailer Migros about its sustainability, published a management briefing on fat reformulation and took an in-depth look at the UK's challenging milk sector.

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

1 Jun 2012

The global food industry has seen a raft of M&A activity this week with Flowers Food's purchase of Lepage Bakeries, Olam's acquisition of Usina Açucareira Passos, and Booker's deal to buy the local cash-and-carry assets of German retail giant Metro Group.

Talking shop: City hails buoyant Booker's move for ailing Makro

31 May 2012

Parts of the City had called for Booker to buy Metro Group's UK arm Makro a year ago and, this week, the UK food wholesaler has announced a cash-and-shares takeover for the business. Analysts have welcomed the deal, even for a loss-making business, which also includes an ongoing "partnership" between Booker and Metro. Dean Best reports.

UPDATE: UK/GERMANY: Booker deal will strengthen Makro - Metro

30 May 2012

Metro Group said today (30 May) the sale of its Makro arm in the UK to local wholesaler Booker will make the loss-making business stronger.

UK/GERMANY: Booker to buy Metro UK cash-and-carry arm

30 May 2012

UK food wholesaler Booker is set to buy the local cash-and-carry assets of German retail giant Metro Group.

GERMANY: Metro, Auchan coy over "Real talks"

18 May 2012

Metro Group and Auchan have refused to be drawn on reports the two retailers are in talks over the German retail giant's Real hypermarkets in central and eastern Europe.

GERMANY: Rewe appoints Metro exec Mielsch CFO

17 May 2012

German retailer Rewe has named Dr Christian Mielsch as its new chief financial officer.

SLOVAKIA: Tesco appoints Slovakian chief

15 May 2012

Tesco has appointed Martin Dlouhý as chief executive of its Slovakian business following the departure of former chief Stefan De Loecker.

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

8 May 2012

Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla explained why its CEO had resigned from the Norwegian consumer goods group, German retailer Metro Group insisted its sales were improving after it reported a quarterly loss and UK peer Morrisons said it would not chase unprofitable volumes despite a fall in like-for-like sales.

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

8 May 2012

Bright Food, the Chinese food group, this week at last planted its first flag in Europe with an investment in UK cereal firm Weetabix. Elsewhere in Europe, the CEO of Norway-based consumer goods company Orkla quit amid a disagreement with the company's board and German retailer Metro Group reported a quarterly loss. We also published our latest Sustainability Watch interview, which focused on US food giant General Mills. Click on the headlines for more.

GERMANY: Real, cash-and-carry help push Metro into red

3 May 2012

Metro Group's Real hypermarket and cash-and-carry divisions have contributed to the German retail giant losses widening in the first quarter of the year.

Comment: Retail giant Metro Group must focus on innovation

3 May 2012

German retailer Metro Group is right to look beyond cost-cutting and focus on improving its like-for-like sales by driving innovation in its struggling retail formats if it is to turn its performance around.

SPAIN/PORTUGAL: Metro revamps cash-and-carry unit

20 Apr 2012

German retail giant Metro Group is to reorganise the structure of its Makro operations in Spain and Portugal, resulting in 150 jobs being cut and the closure of its Portuguese head office.

In the spotlight: Food makers still face commodity pressure

27 Mar 2012

We are just days away from the end of the first quarter of 2012, a year in which manufacturers were hoping the pressure of last year's commodity inflation would ease significantly. However, those hopes may not materialise as quickly as many manufacturing giants expect.

GERMANY: Retail giant Metro Group cautious on 2012 earnings

20 Mar 2012

German retail giant Metro Group has warned its earnings this year will be dampened by a "difficult" economy, price cuts and investment in future expansion.

GERMANY: Metro Group's Real CEO Saveuse resigns

20 Mar 2012

The CEO of Metro Group's Real hypermarkets business, Joël Saveuse, is to step down from his role.

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