date:Jul 01, 2014
opean retailer, and operates 2,200 stores in 31 countries. It has of late been placing more emphasis on its cash-and-carry, and electronics stores two fields which it believes will be increasingly lucrative in the future.
In 2012, it sold its Real hypermarkets in eastern Europe to French rival Auchan for 1.1 billion, leaving Turkey as Real's only market outside Germany.
Real, which accounts for about 16 per cent of Metro sales, faces tough competition from discount supermarket chains such as