METRO eyes further expansion
METRO China remains upbeat about recovery in consumer spending and is eying further expansion in the country as well as deepening collaboration with domestic suppliers to ensure food quality and traceability.
The German retailer’s China unit aims to add five to 10 new stores per year, beginning next year, in inland regions and will continue to diversify offerings for individual shoppers as well as corporate customers.
“We’re confident that domestic consumption will return to normal levels with the resumption of business and school activities, while restaurants and hotels are seeing more traffic,” Vice President of METRO China and Offer Management Director Bertrand Mothe said. About 40 percent of METRO China sales come from enterprise clients such as caterers, restaurants and hospitality providers.
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