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 Metro AG head office in Düsseldorf | |
| Company type | Public |
|---|---|
| FWB: B4B | |
| ISIN | DE000BFB0019  |
| Industry | Wholesaling |
| Founded |
|
| Headquarters | , Germany |
Number of locations | 624 (September 2024)[1] |
Area served | Europe and Pakistan |
Key people | |
| Products | Food and non-food assortments |
| Revenue |  €31.029 billion (2023/24)[4] |
 €218 million (2023/24)[4] | |
| €-125 million (2023/24)[4] | |
| Total assets | €11.7 billion (2023/24)[5] |
| Total equity | €1.669 billion (2023/24)[5] |
Number of employees | 87,810 (2023/24)[6] |
| Website | www.metroag.de |
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand.[7] As of September 2024, Metro is operating 624 wholesale stores in 21 countries, including Europe and Pakistan.[8]
The company was established in 1964 by Ernst Schmidt and Wilhelm Schmidt-Ruthenbeck. In 2010, it was the fourth-largest retailer in the world measured by revenues, after Walmart, Carrefour and Tesco.[9] Until 2020, it was also active in the general retail business through the Real division, which was sold to an investor consortium. Its current incarnation was launched in 2017 as a spun-off of old Metro AG, which continued to be a consumer electronics retailer and renamed itself Ceconomy.
- ^ "Annual Report 2023/24" (PDF). metroag.de. p. 3. Retrieved 13 December 2024.
- ^ "Metro AG Management Board". Retrieved 29 June 2021.
- ^ "Steffen Greubel Appointed New Chief Executive At Metro AG". European Supermarket Magazine. 9 February 2021. Retrieved 21 December 2021.
- ^ a b c "Annual Report 2023/24" (PDF). metroag.de. p. 95. Retrieved 13 December 2024.
- ^ a b "Annual Report 2023/24" (PDF). metroag.de. p. 97. Retrieved 13 December 2024.
- ^ "Annual Report 2023/24" (PDF). metroag.de. p. 129. Retrieved 13 December 2024.
- ^ "Contact & Directions". Metro AG. Archived from the original on 10 August 2014. Retrieved 15 June 2014.
Metro-Straße 1, 40235 Düsseldorf
- ^ "METRO". Metrog-cc.de. Retrieved 29 March 2024.
- ^ Switching Channels: Global Powers of Retailing 2012 (Report). Delotte. January 2012. p. G11. Archived from the original on 26 June 2015. Retrieved 15 June 2015.