Metro AG
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand. Until 2020, it was also active in the general retail business through the Real division, which was sold to an investor consortium.
Metro AG head office in Düsseldorf | |
| Company type | Aktiengesellschaft |
|---|---|
| FWB: B4B | |
| ISIN | DE000BFB0019 |
| Industry | Wholesaling |
| Founded |
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| Headquarters | , |
Number of locations | 674 (2022) |
Area served | Europe, Kazakhstan, India, Pakistan |
Key people |
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| Products | Food and non-food assortments |
| Revenue | €30.551 billion (2022–2023) |
| €598 million (2022–2023) | |
| €439 million (2022–2023) | |
| Total assets | €11.6 billion (2022–2023) |
| Total equity | €2.022 billion (2022–2023) |
Number of employees | 91,201 (2022–2023) |
| Website | www.metroag.de |
As of September 2023, it operates around 625 stores in 32 countries in Europe and Asia.
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 Wal-Mart, Carrefour and Tesco. 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.
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