METRO Cash & Carry pioneered the self-service business-to-business wholesale concept. Company's dynamic business model adapts seamlessly to the most demanding markets. Headquartered in Dusseldorf, Germany, METRO Cash & Carry is the largest sales division of the € 59 billion METRO Group, one of the world’s leading international trading and retail companies. METRO Cash & Carry is represented in 25 countries with over 750 self-service wholesale stores. With a headcount of about 110,000 employees worldwide, the wholesale company achieved sales of about € 30 billion in the financial year 2014/2015.
The Cash & Carry Concept
Cash and Carry wholesale is primarily defined by its customer base and the unique business model. This means, registered business customers visit a Cash & Carry outlet, select their own purchases and carry these back themselves instead of placing orders with multiple vendors. Every day at METRO outlets across the world, more than 110,000 employees serve business customers with a wide assortment of up to 50,000 food and non-food products, available under one roof at wholesale prices.
METRO Cash & Carry in India
METRO Cash & Carry opened its first wholesale centre in the country in 2003 at Bangalore. With this, METRO introduced the concept of Cash & Carry in India. Since then METRO has opened five centres in Bangalore, three in Hyderabad, two each in Delhi and Mumbai and one each in Kolkata, Ludhiana, Jaipur, Vijayawada, Amritsar, Zirakpur, Jalandhar, Indore and Surat. Through these 21 centres, METRO offers business customers the benefit of high quality products at the best wholesale prices.
India is a key market in the company’s global expansion strategy. With modern trade on the threshold of exponential growth in India, METRO is poised to extend its presence in existing markets by further deepening its network of customers and suppliers. The company will also expand its footprint into newer markets within the country bringing these markets the benefit of its unique wholesale concept.