METRO Cash & Carry partners with UN’s World Food Programme (WFP) to combat hunger around the world

Düsseldorf, Germany, 2016-Jul-12 — /EPR Retail News/ — METRO Cash & Carry has entered into a global partnership with the World Food Programme (WFP), the United Nations agency mandated to combat hunger around the world. This is an opportunity for METRO to help WFP advance towards the second of the UN’s Sustainable Development Goals: to “end […]

METRO Cash & Carry to grant its national subsidiaries more entrepreneurial freedom and will implement new organisational structure starting on 1 July 2015

New Operating Model strengthens the responsibility of national subsidiaries and replaces METRO Cash & Carry Board with team of Operating Partners Decentralisation of operational functions Olaf Koch: “Value is created with the customer, and the new model will make us quicker, more streamlined and more dynamic” Düsseldorf, Germany, 2015-5-9 — /EPR Retail News/ — METRO Cash & […]

METRO Cash & Carry appoints Pieter Boone as its new CEO

Düsseldorf, Germany, 2015-5-6 — /EPR Retail News/ — Following the successful first phase of METRO Cash & Carry’s repositioning, the international wholesale group is now getting a new CEO: Olaf Koch, currently CEO of METRO Cash & Carry as well as Chairman of the Management Board ofMETRO AG, will focus solely on his role as head of […]

METRO GROUP achieved its sales and profit targets for the financial year 2013/14

Sales and EBIT guidance achieved in the financial year 2013/2014 Proposed dividend of €0.90 per ordinary share Q1 2014/15: sales adjusted for portfolio changes and currency effects rose by 2.6%; EBIT before special items exceeds exchange-rate adjusted EBIT for previous year Forecast 2014/15: exchange-rate adjusted sales and profits expected to continue increasing New target: by […]

METRO GROUP achieves sales target for the entire financial year 2013/14

Sales at METRO GROUP climbed by 1.3% in financial year 2013/14 after adjustment for portfolio changes and currency effects Like-for-like sales increased by 0.1% after totalling -1.3% in the previous year; sales guidance achieved Q4 2013/14: all sales lines generated higher like-for-like sales; considerable trend improvement at Media-Saturn Earnings outlook confirmed METRO GROUP’s Christmas business […]

Philippe Palazzi assumes the position of the Chief Customer & Marketing Officer at METRO Cash & Carry

Düsseldorf, Germany, 2014-10-3— /EPR Retail News/ — Effective 1 October 2014, Philippe Palazzi (43) will assume the position of the Chief Customer & Marketing Officer (CCMO) at METRO Cash & Carry and at the same time also become member of the Extended Management Board of METRO AG. He will take over from Diego Bevilacqua, CCMO since January […]

METRO GROUP returns to the ranks of the world’s sustainability leaders in retailing with its inclusion in Dow Jones Sustainability World Index

Düsseldorf, Germany, 2014-9-23— /EPR Retail News/ — METRO GROUP is returning to the ranks of the world’s sustainability leaders in retailing. From today, the Düsseldorf-based company with its sales lines METRO Cash & Carry, Media-Saturn, Real and Galeria Kaufhof will be relisted on the leading international sustainability index Dow Jones Sustainability World, the rating agency RobecoSAM […]