List of supermarkets
Metro Group is a diversified retail and wholesale/cash and carry group based in Germany. It has the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. It was established in 1964 by Otto Beisheim.
If all of the group's operations are included for comparison purposes, Metro is Europe's second largest retailer, after Carrefour of France.
If Metro's cash and carry operations, which are its largest division, are not counted as retail, it also ranks behind Tesco, and possibly a few other European retailers. The cash and carry division's page on the company's official English language website states that the company is the, "World market leader in the wholesale business", implicity excluding the cash and carry division from the retail sector.
The company operates the following sales divisions:
As of 4 January 2005, Metro operated stores in the following countries:
In the 2003 calendar year, Metro had sales of €53,965 million. Profit before tax was €817 million, and group net profit was €496 million.
In the early years of the 21st century, Metro has had a lower growth rate than many of its global competitors. This is partly due to the weakness of the German economy.
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