Slight profit increase for Metro Group

German Metro Group has managed a 1.2 % increase of its net profit in the first quarter of its new financial year to 445 million euro, despite a 2.2 % turnover drop to 18.3 billion euro.

  • Published in General

Makro Netherlands loses another director

Makro's Dutch operational director, Erick Schmit, has resigned immediately. He is the fourth board member that has left the wholesaler's Dutch branch in a short space of time. Nicolas Gautheron will be his replacement.

  • Published in General

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
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