Reliance is going to start expansion of the business which will continue to run under the Metro brand name for a couple of years under the deal. It has opened a new store in Patiala, will convert ...
This report offers the reader a comprehensive overview of Metro Cash & Carry shoppers in India: who they are; what they like; what they think; and how to reach them. It provides insights on their ...
New Delhi, Feb 23 () German wholesale retailer Metro Cash & Carry is gearing up for expansion in India with the addition of five new stores this year and also plans to accelerate its e-commerce ...
The €500 Mn – €550 Mn (INR 4,000 Cr – INR 4,500 Cr) worth of deal will mark the exit of Metro Cash and Carry’s loss-ridden wholesale business from India after 19 years of operations.
As per an ET Now report, Metro Cash & Carry, which has 31 stores in India, has approached close to 10 companies to acquire its India operations for a price between $1.5 Bn to $1.7 Bn. According to ...
New Delhi, Apr 14 () Germany's Metro Cash & Carry on Tuesday said the lockdown will have financial impact on its Indian operations, but its focus will be to ensure there is no shortage of food and ...
“Through this acquisition, Reliance Retail gets access to a wide network of METRO India stores located in prime locations across key cities, a large base of registered kiranas and other ...
New Delhi: The middle class which has been ignored in the previous 4-5 Budgets got what they wanted this year, said Arvind Mediratta, MD and CEO, Metro Cash and Carry India while speaking to ...
The deal includes all 31 wholesale stores operated by METRO Cash & Carry India and the entire real estate portfolio (6 store-occupied properties) to RRVL, said Metro AG in a statement. Our ...
At present, 30 per cent of the business for the brand comes from marketplaces, 20 per cent from D2C and the remaining 50 per cent is equally divided between GT and MT.