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Metro Group
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Respect Your Universe Conitnued to Build out Its Senior Management Team
Aug 21, 2014Respect Your Universe Inc. conitnued to build out its senior management team with the appointment of Manfred Vollmer as chief operating officer. Manfred joins RYU with 30+ years of international experience in retail, real estate, operations ...
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A 2012 Survey by Ipsos Showed Nearly Everything in a Typical Food Pyramid
Jul 16, 2013Rat meat passed off as lamb meat, dead pigs dumped in the Huangpu river, milk tainted with melamine and rice contaminated with cadmium – living in China, it sometimes seems like our food comes from the infamous factories of Upton ...
Tags: Domestic Firms, Food Safety
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Baosteel and Shentong Metro Group Sign Strategic Cooperation Intent Letter
Apr 24, 2013Recently, Baosteel and Shentong Metro Group sign strategic cooperation intent letter and at the same time, Shanghai Metro Electronic Science and Technology Co., Ltd., co-established by Baosight and Shentong Metro Group is formally ...
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Ahold, Metro Group Are Among The Latest Firms to Recall Products
Feb 19, 2013German retailer Metro Group and Dutch peer Ahold are among the latest firms to recall products after admitting certain lines contained horsemeat. Metro said its Real grocery chain pulled its frozen TiP Lasagna Bolognese from its shelves ...
Tags: retailer Metro Group, Dutch peer, horsemeat
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Metro Group Has Reported a Slight Lift in Overall Net Sales in 2012
Jan 17, 2013FY sales up 1.2% to EUR66.7bn (US$88.7bn) Momentum slows in Q4 Reconfirms EBIT guidance German retailer Metro Group has reported a slight lift in overall net sales in 2012, enabling the firm to reconfirm its operating ...
Tags: Metro Group, sales, retailer
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Michelle Russell Takes a Look at The Highs and Lows for International Retailers in 2012
Dec 20, 2012Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
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REAL Launches a New Electronic Coupon System Throughout Its 320 German Stores
Dec 19, 2012Major retail hypermarket chain REAL, part of Metro Group, worked with IBM to launch a new electronic coupon system throughout its 320 German stores. This first-of-a-kind digital coupon system, developed with IBM Research scientists, ...
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Metro Group Has Issued a Profit Warning for The Full Year Amid a Consumer Environment
Dec 12, 2012German retail giant Metro Group has issued a profit warning for the full year amid a "worsening" European consumer environment and its impact on spending. The world's fourth-largest retailer said it expects EBIT before special items to ...
Tags: Metro Group, profit warning, consumer environment, food industry
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Tesco Has Signalled It Is Likely to Quit The Market
Dec 11, 2012The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
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Bombardier Announced It Is Establishing a Whole Life Vehicle Maintenance Joint Venture
Dec 11, 2012Bombardier Transportation announced on December 7 that it is establishing a whole life vehicle maintenance joint venture targeting the Chinese urban rail market. Bombardier and Shanghai Shentong Metro Group Ltd have launched Shentong ...
Tags: Bombardier Transportation, life vehicle, urban rail market
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OFT Has Referred Booker's Acquisition of Makro to The Country's Competition Authority
Dec 10, 2012The UK's Office of Fair Trading (OFT) has referred Booker's acquisition of Makro to the country's competition authority. Booker revealed in an announcement today (7 November), the OFT's decision to refer its completed acquisition of Makro ...
Tags: competition authority, food wholesaler, local cash-and-carry assets
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Booker Has Said It Is on Course to Meet Its Full-Year Expectations
Dec 10, 2012UK wholesaler Booker has said it is on course to meet its full-year expectations after making a "good start" to its new financial year. The wholesale retailer said total sales rose 1.7% in the 12 weeks to 22 June, with tobacco weighing on ...
Tags: catering sector, restaurants and caterers, Non-tobacco
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Booker Is Set to Buy The Local Cash-and-Carry Assets of German Retail Giant Metro Group
Dec 10, 2012UK food wholesaler Booker is set to buy the local cash-and-carry assets of German retail giant Metro Group. Booker said today (30 May) it had agreed a cash-and-shares deal that values Metro's Makro UK arm at GBP139.7m. As part of the ...
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Booker Has Said Makro's Performance in The Second Quarter Was "Challenging"
Dec 10, 2012Booker has said Makro's performance in the second quarter was "challenging" as the firm booked an increase in group sales. Sales in the 12 weeks to 14 September 2012 climbed 4.3% and 3.3% in the first 24 weeks of the year. The wholesale ...
Tags: food wholesaler, food industry, tobacco sales, tobacco
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German Retail Giant Metro Group Has Sold Its Real Grocery Chain
Dec 10, 2012German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn). The transaction, announced today (30 November), comprises Real's operational activities in Poland, ...
Tags: Auchan, Metro Group, chain in eastern Europe
