Metro AG, deutsche Einzelhandel Riese! Yes, Metro AG, headquartered in Düsseldorf, Germany, is the German retail giant. Metro AG's group companies deal in hypermarkets, Cash & Carry's, electronics, department stores and asset management. All its brands are leaders in their respective sectors. Its presence is spread over 33 countries in Europe, Africa and Asia. Metro AG is the parent company for an international group of companies who are highly competitive and capital market-oriented. They owe their success in part to their business and operations structures, their strong entrepreneurial aspects and their aggressive marketwise strategies which has kept them apart from the usual retail companies focusing on national markets.
[...] Metro AG, whose worth was estimated at this time to be US$10 billion, thus became the largest retailer in Europe and was listed among the top five retailers in the world. On July Metro AG was listed on the German DAX stock index for the first time. In order to strengthen its core businesses and expand further, Metro AG added 59 Wirichs home-improvement centers to complement the Praktiker chain. It also acquired computer and restaurant holdings. It sold off a few fashion, furniture, retail and wholesale grocery outlets. Five of its chains namely Adler, Praktiker, Real, Media Markt and Vobis started operations in other countries in the European territory. [...]
[...] Specialized services: The Metro Group offers large retail businesses under one roof. Hypermarkets, asset management, food stores, fashion, shoes, department stores, computers, all can be found under their portfolio, which consists of: Metro Cash & Carry, the world's market leader in cash & carry, Real hypermarkets. Media Markt and Saturn, Europe's leader in consumer electronic retailing. Galeria Kaufhof, the system leader in the department store business. With the help of the RIFD technology in Germany, deliveries get automatically registered in all the 180 locations of the Metro Cash & Carry and Real and at the central warehouses of the group. [...]
[...] The Metro Group has an efficiency and value enhancement program, “Shape 2012” aimed towards customer orientation. Future growth The Metro Group is developing technology that will change the way we buy our groceries and will enable a fast rate of future growth for the company. The adoption of RFID technology and investments in the Future Store initiatives will not only attract more customers but will ensure maximum operational efficiency. According to CIO Zygmunt Mierdorf, the company has plans of growing at six percent annually in the medium term. [...]
[...] Ten years after coming into existence, the Metro Group expanded into Russia and Sweden with MediaMarkt and into Romania with Real. In 2007, Pakistan got its first Metro Cash & Carry and Turkey its first Media Markt. Saturn opened its first consumer electronics stores in Greece and Luxembourg in 2008. In 2009, Metro Cash & Carry entered the Kazakhstan market and real opened its first hypermarket in the Ukraine. The Metro Group opened its 800th consumer electronics store in Thessaloniki. [...]
[...] He carried on with Metro's commitment to international expansion and felt that the four core areas of the business, namely, Cash & Carry (Metro, Makro), food retail (Real, Extra), nonfood specialty (Media Markt, Saturn, Praktiker), and department stores (Galeria Kaufhof) was "optimal." In June 2000, Metro AG bought out Primus-Online, an internet service provider based in Cologne. In 2001, Metro AG opened another 80 retail outlets. It now owned 2,249 stores. It opened Cash & carry stores for the first time in Russia and Croatia. [...]
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