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Metro AG

Pantaloon Retail arm close to equity deal with Carrefour

Pantaloon Retail, the country’s largest retailer, is close to sealing an equity partnership deal between one of its subsidiaries and French retail giant Carrefour. Under the deal, being given finishing touches, Carrefour is expected to take an equity stake in...

Metro C & C India launches new beer brand

Metro Cash & Carry India, part of German wholesale major Metro Cash & Carry, has added a new beer brand ‘Felsgold Beer’ to its existing product portfolio. The range is available exclusively at Metro Cash & Carry wholesale centers...

Fastrack opens EBO in Pune

Fastrack, a popular timewear and eyewear brand from the house of Titan, has opened its exclusive outlet in Pune. The newly launched store at FC Road in Pune retails all products under its portfolio, according to a company press...

Metro C&C opens in Kolkata; to enter Punjab as well

Metro Cash & Carry, Indian arm of German-based Metro AG, has opened its first Kolkata outlet, carrying the total to five in the country. The company runs two stores of the format in Bengaluru and one each in Mumbai...

Bengal renews APMC licence of Metro C&C

The mud-slinging match between the constituents of ruling government in West Bengal over renewal of Metro Cash and Carry’s Agricultural Produce Marketing Committee (APMC) licence culminates. The Indian arm of German wholesaler Metro AG has been granted APMC licence...

Gateway Mall seeks single, big-box tenant

Ghaziabad-based SVP Group, developer of the 500,000-square feet Gateway Mall in Ghaziabad, is in talks with Metro AG and Bharti Retail to lease out this property to a single tenant, a wholesale cash-and-carry format. Speaking to Indiaretailing, a source close...

Videocon to consolidate retail business — forms Videocon Retail

Videocon Industries is entering the grocery and lifestyle retailing market through cash-and-carry format, and is planning to have all its retail formats under an umbrella brand called Videocon Retail, by mid-2008. The company’s retail brands include Next Retail, the recently-acquired...

Chinese and Russian retailers in the world’s largest retailers list

Chinese and Russian retailers have, for the first time, figured in the list of the world's 250 largest retailers, says 2008 Global Powers of Retail,a report from Deloitte Touche Tohmatsu, in conjunction with STORES magazine. The report said six retailers...

Metro grows by 6 per cent

German retail giant Metro Cash & Carry witnessed over six per cent growth in its India operations. The company’s sales rose over seven per cent last year largely due to continuing international growth, clocking revenue of US$96.7 billion, a rise...

Need for change in mindset towards retail — asserts head of supply chain at Metro

With Indian retail expected to grow by 9.5 per cent annually and organised retail getting a five per cent share of the market, it becomes imperative that a change is heralded in the mindset of the people towards this...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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