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Metro Group

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

India one of the most promising markets for METRO Cash & Carry

With an aim to have 50 outlets in India by 2020, METRO Cash and Carry India Pvt. Ltd, the Indian enterprise of the world's largest wholesaler, sees the country as one of the top markets to focus on. In order...

Metro Cash & Carry opens first wholesale distribution center in Punjab

Metro Cash & Carry India, one of the leaders in self-service business-to-business wholesale, has opened its first wholesale distribution center in Ludhiana, Punjab. Spread over four acres the wholesale center has a selling space of approximately 60,000 sq feet...

Metro posts operating loss at Media Markt, Saturn shops

Metro AG (MEO) said its Media-Saturn household electronics unit posted an operating loss of 44 million euros ($64 million) in the second quarter as sales dropped. Media-Saturn had a “strong” decline in comparable sales in Germany in the period,...

Metro to double outlets in China

Metro Cash & Carry International, the international self-service wholesale retailer based in Germany, is aiming to double the number of its Chinese outlets to 100 by 2015, a top executive said on Friday."We want to expand first in the...

‘Consumers should expect a strong evolution, if not a revolution’

Europe's leading bonus card services provider, Payback, together with Peepul Capital, has recently acquired a majority stake in India's largest loyalty card provider – i-mint. Alexander Rittweger, founder CEO of Payback, talks to IndiaRetailing about his plans to foray...

World Retail Congress 2010 postponed till October

The World Retail Congress, one of the biggest annual gatherings of global retail industry, has been postponed until October this year, as speakers and participants struggled to reach Berlin ahead of the scheduled first day on Wednesday. Retail industry...
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