The year in review
Selected events during financial year 2016/17
Q1 2016/17
METRO Accelerator for Retail announced
16/11/2016 – The mentoring programme METRO Accelerator powered by Techstars will be extended: METRO Accelerator for Retail focuses on entrepreneurs offering digital solutions for small retailers (traders). The joint initiative by METRO and Techstars previously focused on start-ups that are specialised in innovations for the HoReCa sector. In the future, the METRO Accelerator for Hospitality will alternate with the METRO Accelerator for Retail. The programmes aim at driving the digitisation in these 2 industry sectors.
Real opens Markthalle Krefeld
24/11/2016 – Real opened Markthalle Krefeld, a store of an extraordinary size boasting its own food service section and an unparalleled range of fresh produce. It is structured just like a traditional covered market and contains many small shops: a butcher shop, artisanal bakery, coffee roasting house and specialist stores selling wine, cheese or fish. It is the first store based on the new Food Lover concept.
Demo Day METRO Accelerator for Hospitality
7/12/2016 – The Demo Day of the second METRO Accelerator programme for hotels, restaurants and catering operators saw 10 start-up companies presenting their digital business models to around 300 potential investors. The presented solutions included a digital personal assistant and a recruiting platform for event staff.
Capital Markets Day
15/12/2016 – The 2 companies formed by the demerger of the former METRO GROUP used the Capital Markets Day to present their respective strategies and medium-term outlook for the first time. This was also the occasion of unveiling the new company names to the public: METRO will be the name for the leading international wholesale and food retail company, while CECONOMY will be the name of the new consumer electronics company.
Since financial year 2015/16, the Trader cluster comprises the METRO Cash & Carry countries Moldova, Poland, Romania and Ukraine. The HoReCa, Multispecialist and Trader clusters replace the previous reporting regions of Germany, Western Europe, Eastern Europe and Asia.