We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Fri 1 Jun 2007 12:00 AM

Font Size

- Aa +

Metro focuses on top Chinese cities

Metro, an international retail group, is planning to strengthen its drive into China's first tier and second tier cities with plans to open up to 10 new cash and carry stores a year in the country, according to Planet Retail, an online retails news and database service.

Metro, an international retail group, is planning to strengthen its drive into China's first tier and second tier cities with plans to open up to 10 new cash and carry stores a year in the country, according to Planet Retail, an online retails news and database service.

"China is a fast-growing market, where we can generate the biggest turnover in future," Planet Retail reported Peter Schweighofer, vice-president of Metro China, as saying.

"We have offices in Shanghai, Beijing, Guangzhou and Wuhan. These are the main cities we are focused on. Our strategy also includes the second-tier cities," Schweighofer added. Metro entered China in 1995 in cooperation with the Jinjiang Group.

The following year, Metro opened its first store in Shanghai.

Arabian Business: why we're going behind a paywall

For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.