(IN BRIEF) At METRO AG’s virtual Annual General Meeting, CEO Dr. Steffen Greubel provided an update on the company’s progress following the implementation of the sCore strategy, noting continued growth despite market challenges. Shareholders approved the actions of the Management … Read the full press release
Posted in Business, Food & Beverage, Germany, Industrial, Management, News, Retail
Tagged Annual General Meeting, appointment, company strategy, corporate transformation, Dr. Steffen Greubel, earnings report, Eva-Lotta Sjöstedt, financial report, food service distribution, global wholesale, HoReCa, Jürgen Steinemann, leadership, Marek Spurný, Martin Plavec, METRO AG, METRO customer base, METRO growth, METRO MARKETS, multichannel approach, Roman Šilha, sCore strategy, Supervisory Board, sustainability
(IN BRIEF) METRO has expanded its food service distribution (FSD) business in the UK by acquiring Caterite Food & Wineservice, a specialist in food delivery to the HoReCa sector in the Lake District and northern regions of the UK. This … Read the full press release
Posted in Business, Food & Beverage, Germany, Investment, Retail
Tagged acquisition, Caterite Food & Wineservice, Classic Fine Foods UK, England, expansion, food service distribution, fresh produce, FSD, growth strategy, Guillaume Deruyter, HoReCa, Hospitality, independent customers, integration, Lake District, logistics, Metro, METRO acquisitions, METRO AG, METRO GROUP, premium customers, Scotland, supply chain, synergies, UK, UK market, Wales
(IN BRIEF) METRO has decided to shut down METRO Advertising GmbH as part of its strategic focus on its sCore wholesale strategy. This decision affects 67 employees in Germany and Poland, with business activities ceasing by the end of 2024. … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Germany, Guillaume Deruyter, METRO Advertising GmbH, METRO AG, Poland, Wholesale Strategy
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