Cash & Carry

Metro Italia Sets New Turnover Record In FY 2023/2024

Wholesaler Metro Italia reported a €2 billion turnover for the 2023/2024 fiscal year, a 2.1% increase, and a new record for the company.

Cencosud Expands In Argentina With Makro And Basualdo Acquisition

Chile-based retailer Cencosud is expanding its Argentinian presence by acquiring Makro and Basualdo supermarkets for $122.5 million (€119.3 million).

Grupo Mateus Reports 21% Net Profit Growth In Q3

Brazil’s Grupo Mateus announced a 20.9% year-over-year increase in third-quarter net profit, reaching R$379.2 million (€62.3 milion).

Grupo Mateus' Second-Quarter Profits Increase by 18%

Brazil's third-largest retailer, Grupo Mateus, has announced an 18% year-on-year increase in net profit to 347.5 million reais (€57.7 million) for the...

Supercentro Revamps Wiva Cash-And-Carry Stores In Southern Italy

Italian regional food retailer Supercentro is planning to expand in the cash-and-carry segment with a new format and the opening of new stores.

Italy's Altasfera Surpasses €100m Turnover Threshold

Italian cash & carry operator Altasfera has achieved a major milestone, exceeding €100 million in turnover for the first time.

METRO AG CEO Dr Steffen Greubel Discusses The Group's Wholesale Revolution

Stephen Wynne-Jones travels to Düsseldorf to meet Dr. Steffen Greubel, chief executive of wholesale giant METRO AG.

Logista Group Opens First Cash & Carry Outlet In Portugal

Portugal's Midsid, a company that belongs to the Logista group, one of the largest logistics operators in Europe, has opened its first cash & carry out...