Media-Saturn on the attack against online competitors

Media-Saturn has founded a new division, Electronics Online Group, to support its intention to open a range of web shops. Its successful online shop, Redcoon (which will get a new CEO on 1 November), will be the centerpiece of that division and will also be its guiding example.

  • Published in m-Tail

Decent start to Metro Group’s fiscal year

The first quarter of Metro Group’s fiscal year 2013/14 has not performed as well as the same quarter the year before, as turnover dropped 3.3 %. The like-for-like turnover did manage to remain stable compared to the year before.

  • Published in General

Positive performance from Metro Group

German group Metro has created a higher turnover and EBIT in its short financial year, mostly thanks to rising online sales. The company expects to continue this positive trend in the following financial year.

  • Published in General

Metro Group withstands pressure sales drop

German company Metro had a drop in sales of 3.6% in the second quarter, mainly due to the dire economic circumstances in Europe. On a comparable basis the group only lost half a percent: no wonder CEO Koch talks about a ‘positive business development’.

  • Published in General
Subscribe to this RSS feed