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METRO Cash and Carry opens 13th store

Posted on Nov 08, 03:18PM | IBNS

METRO Cash and Carry, the global leader in self-service business-to-business wholesale, on Thursday announced the opening of its Vijayawada wholesale distribution centre in the heart of the city at Mogalrajpuram from Friday.

This is METRO Cash and Carry India's thirteenth wholesale distribution centre in the country, and its third in Andhra Pradesh, after two in Hyderabad at Moosapet and Uppal.

METRO has invested close to INR 60 crores in infrastructure, supply chain, customer support programme and employee training and development at its Vijayawada outlet, which is spread across 56,000 square feet.

It will cater to a wide customer base that includes small and large kirana stores, entrepreneurs, small businesses, offices, companies and institutions, as well as hotels, restaurants and caterers.

Rajeev Bakshi, Managing Director, METRO Cash and Carry India, said: "We want to ensure that Vijayawada's business customers maximize their profits with our low wholesale prices on a wide and high quality assortment, a host of convenient and customized services, and the unparalleled experience of buying at METRO."

METRO Cash and Carry is represented in 29 countries with around 700 self-service wholesale centres.

With more than 100,000 employees worldwide, the company achieved sales of about Euro 31 billion in 2011.