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Retailer Metro hit by weak sales
retail

Retailer Metro hit by weak sales

Germany's Metro, one of the world's largest retailers, posted disappointing second-quarter results on Tuesday that underscored weak western European markets and problems at the group's electronics outlets.
Retailer Metro warns of difficult path ahead
Jobs

Retailer Metro warns of difficult path ahead

Metro, the third biggest global retail group, posted solid 2010 results Tuesday but could now be hit by government austerity measures, political unrest and effects of Asian catastrophes and nuclear crisis.
A train ride to nowhere
Crime

A train ride to nowhere

Is it no longer safe to use public transport in Germany? Recent attacks in Berlin go hand in hand with the city’s decaying infrastructure, argues Werner van Bebber from Der Tagesspiegel.
Competition watchdog raids major retailers
Lidl

Competition watchdog raids major retailers

Germany’s federal competition watchdog raided the main offices of almost every large retail food and drugstore chain in the country on Thursday on suspicion of price-fixing. Among them were Edeka, Lidl, Metro, Rewe and Rossmann.
Metro sales dip on strong euro
Frankfurt

Metro sales dip on strong euro

The German retail giant Metro, number three worldwide, said Tuesday that 2009 sales fell by 3.6 percent to €65.5 billion ($95 billion), a result of negative foreign exchange rates.
Metro mulls cutting 17,000 jobs
Jobs

Metro mulls cutting 17,000 jobs

German retailing giant Metro said on Monday it was now considering cutting 17,000 jobs as part of its major restructuring programme – potentially eliminating thousands more positions than previously announced.