Metro overtakes
The German wholesale chain overtook Tesco in 2008 and became the world's third largest trader behind Walmart and Carrefour.
According to the study of Deloitte and Touche; Metro sold goods worth of 99 billion USD, while Tesco sales were 96 billion USD. According to analyst; Metro’s profit primarily due to the strengthening of the euro, compared to the dollar.
Walmart leads the charts of global traders with 401 billion USD, while Carrefour is on the second place – reports Világgazdaság Online, after AFP.
Related news
More related news >
Related news
SPAR’s innovative packaging solution that uses less plastic has been recognized with prestigious awards
SPAR Hungary’s innovative packaging technology has been honored with two…
Read more >Hungexpo: more than 23 thousand visitors visited the Travel+ Exhibition and the Budapest Boat Show
More than 23 thousand visitors visited the 47th Travel+ International…
Read more >Alibaba invests 50 billion euros in artificial intelligence and cloud technology
Chinese technology giant Alibaba has announced a major investment in…
Read more >