1964; 60 years ago (1964) as Metro-SB-Großmarkt GmbH & Co. KG
1996; 28 years ago (1996) as Metro AG
2017; 7 years ago (2017) as Metro AG (new company)
Headquarters
Düsseldorf
,
Germany
Number of locations
626 (2024)
Area served
Europe, Kazakhstan, Pakistan
Key people
Steffen Greubel (Chairman)
Jürgen Steinemann (Chairman of the supervisory board)[1][2]
Products
Food and non-food assortments
Revenue
€30.551 billion (2022–2023)[3]
Operating income
€598 million (2022–2023)[3]
Net income
€439 million (2022–2023)[3]
Total assets
€11.6 billion (2022–2023)[3]
Total equity
€2.022 billion (2022–2023)[3]
Number of employees
91,201 (2022–2023)[3]
Website
www.metroag.de
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand.[4] As of March 2024[update], Metro is operating 626 wholesale stores in 21 countries, including Europe, Kazakhstan, and Pakistan.[5]
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 Walmart, Carrefour and Tesco.[6] Until 2020, it was also active in the general retail business through the Real division, which was sold to an investor consortium. 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.
^"Metro AG Management Board". Retrieved 29 June 2021.
^"Steffen Greubel Appointed New Chief Executive At Metro AG". European Supermarket Magazine. 9 February 2021. Retrieved 21 December 2021.
^ abcdef"Annual Report 2022/23" (PDF). metroag.de. Retrieved 15 December 2023.
^"Contact & Directions". Metro AG. Retrieved 15 June 2014. Metro-Straße 1, 40235 Düsseldorf
^"METRO". Metrog-cc.de. Retrieved 29 March 2024.
^Switching Channels: Global Powers of Retailing 2012 (Report). Delotte. January 2012. p. G11. Archived from the original on 26 June 2015. Retrieved 15 June 2015.
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