Company profile

Future of Metro

#
Rank
531
| Quantumrun Global 1000

Metro AG, also known as Metro Group, is a German worldwide diversified retail and wholesale/cash and carry group based in Dusseldorf. The company was formed by Wilhelm Schmidt-Ruthenbeckin and Ernst Schmidt in 1964. As of 2010, it was the 4th-biggest retailer in the globe measured by revenues (ranked next to Wal-Mart, Carrefour, and Tesco).

Home Country:
Industry:
Food and Drug Stores
Website:
Founded:
1947
Global employee count:
196540
Domestic employee count:
Number of domestic locations:

Financial Health

3y average revenue:
$58818000000 EUR
3y average expenses:
$11891000000 EUR
Funds in reserve:
$2368000000 EUR
Market country
Revenue from country
0.39
Revenue from country
0.54

Asset Performance

  1. Product/Service/Dept. name
    Cash and carry
    Product/Service revenue
    28999000000
  2. Product/Service/Dept. name
    Media saturn
    Product/Service revenue
    21869000000

Innovation assets and Pipeline

Global brand rank:
410
Total patents held:
6

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the food and drug store sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, RFID tags, a technology used to track physical goods remotely, will finally lose their cost and technology limitations. As a result, food and drug store operators will begin placing RFID tags on every individual item they have in stock, regardless of price. This is crucial because RFID tech, when coupled with the Internet of Things (IoT), is an enabling technology, allowing the enhanced inventory awareness that will result in precise inventory management, reduced theft, and reduced food and drug spoilage.
*These RFID tags will also enable self-checkout systems that will remove cash registers entirely and simply debit your bank account automatically when you leave a store with items in your grocery cart.
*Robots will operate the logistics inside food and drug warehouses, as well as take over in-store shelf stocking.
*Larger grocery and drug stores will transform, in part or in full, into local shipping and delivery centers that service various food/drug delivery services that deliver food directly to the end customer. By the mid-2030s, some of these stores may also be redesigned to accommodate automated cars that may be used to remotely pick up their owners’ grocery orders.
*The most forward-thinking food and drug stores will sign customers up to a subscription model, connect with their future smart-fridges and then automatically send them food and drug subscription top-ups when the customer runs low at home.

COMPANY’S FUTURE PROSPECTS

Company Headlines