Europe Edition
Sales for the German Metro-Group in 2013/14 fiscal year has seen a decrease of 4%, nearly 63 billion Euro, reports German website Lebensmittelpraxis.de. The operation EBIT results for exceptional items decreased from 2 billion Euro last year, to 1.73 billion Euro this year.
Sister company Media-Saturn saw good development, while the other sister companies such as Cash & Carry, Real en Kaufhof, showed declining results. Negative currency results had an effect on total sales for Metro Cash & Carry. Sales fell by 2.1 % to 30.5 billion Euro. Metro Cash & Carry sales fell, exclusively in Germany by 0.4 % to 4.8 billion Euro.
Announcements
Job Offers
- Account Manager – North Germany
- Operational Grower - Strawberries
- Retail Key Account Manager
- Sales Representative Southeastern US
- Bedding and Perennials Sales Manager Europe
- Ein- und Verkäufer Obst
- Horticultural Technician
- Agronomist
- Head Grower Strawberries, Norway
- Tissue Culture Laboratory Scientist
Specials more
Top 5 - yesterday
- “We anticipate a great avocado season with favourable prices”
- Later start of California cherry harvest
- Dozens of hectares of Italia grape variety is being uprooted in Apulia
- "The big changeover in food retail will not happen until around Easter"
- Ukraine: Using a bomb shelter to grow crops underground
Top 5 - last week
- Thai durian exporter already blocked 100 containers before mid-April harvest start
- GLOBAL MARKET OVERVIEW AVOCADO
- More dragon fruit from Ecuador breaks the market
- Yet more rain could spell quickened end to South African grapes
- “I hear from our clients that our Gala apple is the best Gala you can find in Europe”
Top 5 - last month
- Thai durian exporter already blocked 100 containers before mid-April harvest start
- Tropical cyclone Freddy brings heavy rains in parts of South Africa
- "Consumers will happily pay two euros for a Mars bar or can of Coke but not for their veg”
- PM Hipkins learns that most Hawke’s Bay crops were uninsured
- “We hoped to harvest more than 400 tons of early potatoes, but I'll be surprised if we get to harvest 150 tons”
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2023-03-30 Natural Grocers has launched a new program
- 2023-03-30 Asda reported a 24% fall in annual earnings
- 2023-03-29 Store debut in New York State for ShopRite
- 2023-03-29 Alibaba to break up empire into six units
- 2023-03-28 Esselunga has announced the opening of its first supermarket in Albenga
- 2023-03-28 DoorDash plans to offer SNAP online purchasing for grocery delivery
- 2023-03-27 A South African retail first: Checkers Sixty60 launches new delivery guarantee
- 2023-03-27 Dollar General: International expansion into Mexico
- 2023-03-24 Instacart serves up more fresh produce with industry-first online advertising capability
- 2023-03-24 Kavall has been acquired by its competitor
- 2023-03-23 Jeronimo Martins posted a 23% jump in fourth-quarter net profit
- 2023-03-23 ReposiTrak Traceability Network now represents nearly 8% of the retail grocery industry
- 2023-03-22 Shufersal reported a steep drop in fourth-quarter profit
- 2023-03-22 Denver Metro Area: Kroger Delivery
- 2023-03-21 27,000 tons of Portuguese fruits and vegetables exported by Lidl in 2022
- 2023-03-21 Amazon job cuts would mark the second largest round of layoffs in the company’s history
- 2023-03-20 El Corte Inglés has introduced a new supermarket concept
- 2023-03-20 Spud: Fresh take on company brand
- 2023-03-17 Kroger sees e-commerce as future profit engine
- 2023-03-17 Jumbo profit suffers from ailing Belgian expansion
