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Metro Cash & Carry

METRO completes Rs 2,850 crore deal with Reliance Retail to sell its India Cash & Carry business

The deal includes all 31 wholesale stores operated by METRO Cash & Carry India and the entire real estate portfolio to RRVLNew Delhi: German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash &...

Why it makes sense for Reliance to Acquire Metro Cash & Carry

In addition to strengthening its B2B portfolio, the Metro Cash & Carry acquisition will give Reliance an ideal platform for its FMCG productsNew Delhi: The acquisition of Metro Cash & Carry business in India by Reliance Retail will give...

Growth of e-commerce in grocery channels irreversible; will co-exist with general trade: HUL CMD Sanjiv Mehta

Growth of e-commerce in the grocery segment is "irreversible" but kirana stores and modern trade channels would also remain relevant, Hindustan Unilever CMD Sanjiv Mehta said on Wednesday. According to a PTI report: Mehta also said rural sales are growing...

Ad hoc local lockdowns hurting already stressed retailers: RAI

The Retailers Association of India (RAI) has said that ad hoc lockdowns by state governments are impacting the businesses of already-stressed retailers, along with hurting the economic revival of the country. In a statement, the body of the organised retail...

Consumers footfall increase, average basket value goes up at retail stores in lockdown 3.0

Leading retailers have witnessed an increase in number of footfalls along with a ‘significant’ jump in average purchase value in the third phase of the lockdown. According to industry players such as Metro Cash & Carry, Lots Wholesale Solutions,...

Grocery shopping platform StoreSe launches in Delhi NCR

StoreSe.in, a new grocery delivery platform, has announced the launch of its services in the Delhi NCR region starting this week. Consumers across the region can now order essentials and groceries from trusted brands through StoreSe and get it...

Lockdown to impact Indian operation but focus on providing goods: Metro Cash & Carry

Germany's Metro Cash & Carry on Tuesday said the lockdown will have financial impact on its Indian operations, but its focus will be to ensure there is no shortage of food and grocery supplies to kirana stores. According to a...

Metro Cash & Carry to open 5 new stores in India this year, enhance partnership with kirana stores

German wholesale retailer Metro Cash & Carry is gearing up for expansion in India with the addition of five new stores this year and also plans to accelerate its e-commerce play and partnership with kirana stores, according to a...

Govt should protect small shopkeepers, bring level playing field: Metro Cash & Carry India CEO

Asking for a level playing field for six crore small shopkeepers, Metro Cash & Carry India CEO and MD Arvind Mediratta on Friday said the government should look into the deep discounting practices of "top three global retailers".According to...

Metro Cash & Carry to digitise kirana stores

Wholesale retailer Metro Cash & Carry on Monday announced an initiative to help kirana shops digitise their business using smartphones.As part of its next phase of kirana digitisation program, Metro in association with ePayLater has co-created a mobile application...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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