Tag "Metro AG"

Magazine: Private label innovation trends

Koen de Jong, managing partner of International Private Label Consult (IPLC) analysed the impact of the COVID-19 pandemic on private labels in the European Supermarket Magazine (ESM). He revealed that...

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Sysco approaches Metro about takeover

Sysco has approached Metro about a potential takeover, because the US food distribution giant wants to expand in Europe. Sysco has made fresh overtures to Metro in recent weeks, after...

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Metro invests in Swedish company Matsmart

Metro AG has announced that its investment fund LeadX Capital Partners invested in Matsmart, a Swedish online business specialising in food waste reduction. Matsmart buys surplus production and overstocks from companies...

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Magazine: Technological development in an optimistic mood

Ian Cook, CEO of Colgate-Palmolive and co-chair of The Consumer Goods Forum (CGF) told on the first day of the organisation’s Vancouver summit in June that more and more developed...

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Magazine: Schwarz Group Dominates European Retail

As in the previous year, German Schwarz Group leads the ranking. With a gross sales plus on company level of 6.3 percent it reached a 7 percent market share in...

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Casino, Metro, Auchan and DIA officially launch joint services platform

Following approval from the competition authorities, Auchan Retail, Casino Group, Metro and DIA have officially launched a new purchasing platform, called Horizon International Services. The cooperation covers 47 countries across...

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Amazon might be interested in Metro Real

Metro AG plans to sell its struggling hypermarket chain, Real, which consists of 282 stores and employs 34,000 people. Analysts say Metro can get EUR 1 billion if the deal...

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Metro AG reports growth for the first quarter

German company Metro AG has announced that sales were up 0.2 percent in the 1st quarter at EUR 10.1 billion; like-for-like sales increased by 0.8 percent. Earnings before interest, taxes,...

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Metro’s good 3rd quarter

German company Metro AG closed the 3rd quarter of 2017 with a 2.6-percent sales growth and a EUR 9.34-billion sales revenue. Member of the board of directors Olaf Koch told: in...

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