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Encyclopedia > Metro AG
METRO AG Logo
METRO AG Logo

METRO AG is a diversified retail and wholesale/cash and carry group based in Germany. It has the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. In English it often refers to itself as METRO Group. It was established in 1964 by Otto Beisheim. Metro Group logotype File links The following pages link to this file: Metro Group ... Metro Group logotype File links The following pages link to this file: Metro Group ... The German term Aktiengesellschaft (IPA /aktsiəngəzεlʃaft/) (abbreviated AG) means a corporation which is limited by shares, , owned by shareholders. ... Drawing of a self-service store. ... Wholesaling consists of the sale of goods/merchandise to retailers, to industrial, commercial, institutional, or other professional business users or to other wholesalers and related subordinated services (WTO - World Trade Organization). ... Originally, cash and carry simply designates a method of making purchases where the customer pays the purchased goods immediately and takes them away himself -- as opposed to having the goods delivered and paying a bill later. ...

Contents

Scale

If all of the group's operations are included for comparison purposes, METRO is Europe's second largest retailer, after Carrefour of France. This article or section does not cite its references or sources. ...


If METRO's cash and carry operations, which are its largest division, are not counted as retail, it also ranks behind Tesco, and possibly a few other European retailers. The cash and carry division's page on the company's official English language website states that the company is the, "World market leader in the wholesale business", implicity excluding the cash and carry division from the retail sector. Tesco plc is a United Kingdom-based international grocery and general merchandising retail chain. ...


Sales divisions

The company operates the following sales divisions:

  • Metro and Makro Cash and Carry (Makro stores in the United Kingdom and elsewhere in Europe where acquired from SHV in 1998): This division accounts for nearly half of group sales as of 2004, and is by far the most internationalised division, with stores in almost every country in which the group operates.
  • Real: A hypermarket operator. 265 stores in Germany and 34 elsewhere as of early 2005.
  • Extra: A supermarket operator. That is, the stores are smaller than the Real stores. As of early 2005, 443 stores, all in Germany.
  • Media Markt and Saturn: Media Markt is a consumer electronics company with stores in Germany and several other European countries. Saturn is an electronic media chain, also with stores in Germany and some other European countries.
  • Praktiker: A DIY/home improvement chain with stores in several countries.
  • Galeria Kaufhof: A department store chain with locations in Germany and Belgium.

Metro Cash and Carry is a wholesale hypermarket chain operating across Europe. ... A typical Makro warehouse in the UK Makro is a chain of self-service wholesale stores, so called cash and carrys. ... Shreveport Regional Airport (IATA: SHV, ICAO: KSHV) is a public airport located in southwestern Shreveport, a city located in Caddo Parish in the northwestern corner of Louisiana. ... METRO AG Logo METRO AG is a diversified retail and wholesale/cash and carry group based in Germany. ... Packaged food aisles of Fred Meyer in Portland, Oregon In commerce, a hypermarket is a superstore which combines a supermarket and a department store. ... METRO AG Logo METRO AG is a diversified retail and wholesale/cash and carry group based in Germany. ... Exterior of a typical British supermarket (a Tesco Extra) Exterior of typical North American supermarket (a Safeway) A typical supermarket in Hong Kong. ... Media Market is German chain of stores for consumer electronics with numerous branches throughout Europe. ... Saturn is a German chain of electronics stores, now found in several European countries. ... Praktiker is a German hypermarket chain offering home improvement and do-it-yourself goods. ... See also: DIY Network, a cable TV network. ... For the renovation process, see Home improvement. ... ... The interior of a typical Macys department store. ...

International presence

As of 17 July 2005, METRO operated stores in the following countries:


Europe

Asia Anthem: Bože pravde (English: God of Justice) Capital (and largest city) Belgrade Serbian written with the Cyrillic alphabet1 Government Republic  - Prime Minister Vojislav KoÅ¡tunica  - President Boris Tadić Establishment    - Formation 814   - First Serbian Uprising 1804   - Internationally recognized July 13, 1878   - Kingdom of SCS created December 1, 1918   - SCG dissolved...


Africa

Canada's Metro Inc. is not affiliated. Metro Inc. ...


Financial performance

In the 2003 calendar year, METRO had sales of €53,965 million. Profit before tax was €817 million, and group net profit was €496 million. In the early years of the 21st century, METRO has had a lower growth rate than many of its global competitors. This is partly due to the weakness of the German economy.


Future Plans

The METRO group is looking towards expansion in Asia and Europe. The METRO group has announced plans to expand its operations in Pakistan, Sweden and Bosnia and Herzegovina


See also

The European Retail Round Table is a European organization which represents companies from the European retail sector. ...

External link

  • Official site - English version

  Results from FactBites:
 
METRO Group - Strategy (505 words)
The claim of METRO Group to being a driving force in international trading and retailing is reflected in the corporate strategy.
METRO Group quickly managed to achieve market leadership in the respective wholesaling or retailing segment on most foreign markets.
METRO Group is only active in those business segments where sales divisions of a significant size can operate on sufficiently large market segments.
Metro AG (MEOG.DE) Stock Quote | Stocks | Reuters.com (271 words)
METRO AG is a Germany-based trading and retail company.
It acts as a holding company for the METRO Group, which is organized into four independent sales divisions: Metro Cash & Carry/Makro Cash & Carry, which are engaged in cash and carry wholesaling worldwide; Real und Extra, which operates a chain...
No Analyst Research is available for Metro AG NYSE and AMEX quotes delayed by at least 20 minutes.
  More results at FactBites »

 
 

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