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Metro AG

Metro shares up on talks of merger with Arcandor

The shares of Germany’s largest retailer Metro AG ended the week on a high note amidst speculation that it was planning to join rival Arcandor AG to spearhead a far-reaching shakeout in Europe's retail business. Together with a media report...

European retail sales down

For the first time in three months, European retail sales declined in October as rising food and energy prices damped consumer confidence, according to Bloomberg purchasing managers index showed. A gauge measuring retail sales fell to a seasonally adjusted 47.9...

Tesco drops suit against Metro

British retailer Tesco has dropped its long-running trademark suit at the European Court of Justice (ECJ) against its German competitor Metro AG over the use of the Metro trading name. This was disclosed by a spokesperson of the ECJ to...

Retail in India will hope to find bigger opportunities and better clarity at IRF 2007

A few hours from now, the retail conglomerate of India as also from across the world, will sit, sip and dine together with one common aim – create opportunities, and chalk out a path for better access to the...
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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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