Metro Group is a German multinational wholesale group based in Duesseldorf. It operates more than 670 wholesale locations across 34 countries in Europe and Asia serving the catering, food service and independent retail sector.
The company has been disposing of non-core operations in recent years to focus on its wholesale business. Metro sold its Galeria Kaufhof department stores to Canada’s Hudson’s Bay Company in 2015 and spun off its Media Markt and Saturn electronics stores in 2016 under the Ceconomy name.
The company put its national chain of Real hypermarkets in Germany up for sale in 2019. These stores, selling around 80,000 fresh grocery and non-food items, have struggled in recent years. In February 2020 the retailer reached an agreement with a consortium of property investors for the sale of this division.