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#Metro

Every story tagged #Metro on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

73 stories in this topic

metro
General
1 min read

Metro Retail Stores show strong profit growth

Metro Retail Stores Group in the Philippines has reported a 21.5-per-cent growth in income to US$20.80 million (Php1.06 billion) last year. The growth was driven mainly by an 11.3-per-cent increase in sales to $722.31 million (Php36.8 billion) with operating…

METRO Krnjaca
General
1 min read

Metro Cash & Carry India plans more stores

European wholesale group Metro Cash & Carry will launch five new locations in India by the end of the year. The firm is also building its supply partnerships with local small-scale “kirana” stores, and has already secured 2000 partners in Bengaluru,…

vietnam metro
Living
2 min read

Saigon metro to test run in Q3

An elevated section of Ho Chi Minh City’s Ben Thanh-Suoi Tien Metro Line 1 will be tested out within the third quarter this year. This elevated section crosses Ho Chi Minh City’s District 9, spanning from central Binh Thai Station to Long Binh Depot, a train…

metro
General
1 min read

Wumart wins bidding war for Metro China

Chinese retail group Wumart has won a lengthy bidding process for the Metro China business. The German grocery and hypermarket retailer commenced a search for a buyer for the business in March, with various sources reporting an asking price of between US$1.5…

FamilyMart3
General
1 min read

FamilyMart Taiwan rolls out small railway-station stores

Convenience-store operator FamilyMart Taiwan plans nearly 40 new stores in railway stations this year. The Japanese-headquartered company has just opened three new outlets in Taiwanese stations at Badu, Wanhua, and Luodong. Two more are about to open at the…

metro
General
1 min read

Metro Wholesale Myanmar Looking for Expansion

The German-headquartered wholesale food-and-grocery retailer is looking to open in Mandalay, Nay Pyi Taw, Taunggyi and other major metropolitan locations in the region. “We are constantly expanding our customer base and have set a very ambitious target. You…

metro
General
1 min read

Eight bidders left to Take Over Metro China

Eight, not four, bidders have until June 10 to lodge a non-binding bid for the cash-and-carry business. Yonghui Superstores – part-owned by Dairy Farm Group – is among at least eight bidders shortlisted by Metro AG to tended for its Chinese business. The…

Vietnam Metro
Living
2 min read

600 Vietnamese staff trained for Hanoi’s metro line Opening

Operational staff for Hanoi’s first metro line has been trained, but its opening date remains up in the air. 86 of them are in the driving department, with 46 main drivers. The rest are substitute drivers and technicians. All drivers have been trained and…

metro
General
1 min read

Four Bidders shortlisted in Metro China sale

Germany’s Metro has shortlisted four prospective bidders for its China business, including two of Mainland China’s largest retail groups. The Metro China sale has been in planning since last September, with formal bids invited in March as the German retail…

Vietnam Metro
General
1 min read

Hanoi plans to offer 15-day free travel on first metro line

The Hanoi People’s Council has proposed 15 days of free travel after the first metro line opens. The proposal, released for public comment Friday, will apply once the Line 2A: Cat Linh-Ha Dong elevated railway starts operating commercially. The city also…

metro policolor1
General
1 min read

Metro China For Sale

German wholesaler Metro has called for bids for its China operations. The firm was reported last September to be considering exiting its Metro China retail business as part of a plan to focus on wholesaling activities worldwide. The sale is partially in…

METRO Krnjaca
General
1 min read

Metro Myanmar launches with brand new warehouse

The launch of Metro Myanmar business marks the German wholesaler’s 36th international market. The company has announced a warehouse in Yangon, aiming to serve local professional customers in the fast-growing hospitality and tourism sectors. “The food…

Hanoi Subway Train
Living
1 min read

Hanoi metro fares initially capped at 65 US cents

The maximum fare on Hanoi’s first metro line will be VND15,000 (65 cents), city authorities said in a draft proposal. The minimum will be VND8,000 (34 cents). Passengers can also buy monthly season tickets for VND200,000 ($8.61) or daily tickets for VND30,000…

DSCF0440
Fashion
1 min read

Metro Department Store is opening at Ayala Malls Feliz

The 53rd Metro Department Store has opened its doors at the Ayala Malls Feliz in Pasig City. Covering a floor area of 21,200sqm, the store includes a 6600sqm supermarket. “Customers can look forward to an enjoyable and convenient shopping experience as we…