Blog: Dean BestWhat lies in store for Metro's European wholesale business?

Dean Best | 23 November 2009

just-food's second trip to Germany in six days sees us head to the city of Dusseldorf to see what plans Metro Group has for its wholesale business in the UK and Europe.

After last week's visit to a buoyant Food Ingredients Europe exhibition in Frankfurt, this event also promises to be an upbeat couple of days - although Metro will no doubt be secretly crossing its fingers that plans to invest in its own-label portfolio pay off.

Makro has had a tough year or so and, in the UK, is facing a battle cutting its losses and at the same time competing with a robust Booker and Costco.

Metro, which has seen its group sales and earnings stay flat this year, remains confident in its wholesale business - not least in emerging markets like Kazakhstan and Egypt, where the retailer is busy building new stores.

However, Europe remains a challenge and just-food expects Metro to present some thorough plans - no doubt almost as thorough as the officials at Gatwick Airport, which has just checked just-food's shoes twice in 20 yards on the way through security.


BLOG

Reckitt Benckiser clears final Mead Johnson hurdle

The final regulatory approval needed for the UK-based consumer goods giant's takeover of the US infant formula maker has been received, with the US$17.9bn deal set to be completed on Thursday (15 June...

BLOG

Barilla puts sustainability centre stage

Barilla's 2016 results statement, published last week, makes interesting reading, not because of the Italian food group's commercial performance, but for the emphasis placed on sustainability achievem...

BLOG

UK M&A deal volumes slide in early months of 2017

Fresh data from Grant Thornton indicates the number of mergers and acquisitions in the UK food and drink sector fell to the lowest level for over two years in the first quarter of in 2017 - but the ac...

just-food homepage



Forgot your password?