Metro Pakistan

Metro Pakistan
Company type
Unlisted public company
IndustryRetail
Founded2005; 21 years ago (2005) (as Makro Habib)
2007; 19 years ago (2007) (as Metro Cash & Carry Pakistan)
HeadquartersLahore, Pakistan
Number of locations
10 (2024)
Area served
Pakistan
Key people
Andriy Tsvykh (CEO)
Products
  • Electronics
  • movies and music
  • home and furniture
  • home improvement
  • clothing
  • footwear
  • jewelry
  • toys
  • health and beauty
  • pet supplies
  • sporting goods and fitness
  • auto
  • photo finishing
  • craft supplies
  • party supplies
  • grocery
Total assetsIncrease Rs. 12.508 billion (US$45 million) (2024)
Total equityIncrease Rs. 10.415 billion (US$37 million) (2024)
OwnerThal Limited (60%)
Metro AG (40%)
ParentThal Limited
Websitemetro.pk
Footnotes / references
Financials as of 30 June 2024 [1]

Metro Pakistan, formerly known as Metro-Habib and Makro Habib, is a Pakistani supermarket chain stores operator based in Lahore.[2] It is a joint venture between the German chain Metro Cash & Carry and Thal Limited, a subsidiary of the House of Habib.

Metro opened its first store in 2007.[3] It operates 10 supermarkets, in total, in Karachi, Lahore, Islamabad, Faisalabad, and Multan.[4]

History

2005–2012: Early history

Makro Habib Pakistan was founded in 2005 as a joint venture between the Dutch wholesale conglomerate SHV Holdings, operating under the Makro brand, and the House of Habib, with SHV initially holding a 70 percent stake.[5] The company opened its first store in SITE Industrial Area of Karachi in 2006.[6]

In 2006, Makro-Habib began construction of a wholesale outlet in Saddar Town on a 4.9-acre piece of land at Webb Ground in the Lines Area, after obtaining a sub-lease from the Army Welfare Trust (AWT).[7][8] Webb Ground was originally leased to AWT for commercial purposes in December 2002.[7][9] The land had earlier been used as a playground by Karachi Grammar School and later designated as an amenity plot under the Lines Area Redevelopment Scheme.[7][10] The project was eventually halted when the Supreme Court of Pakistan ruled that the lease granted by the federal government to the AWT for the Webb Ground plot was unlawful and ordered Makro-Habib to dismantle its structures and restore the land to its original status as a playground.[11] The judgment revealed complex dealings involving the Government of Pakistan, the Army Welfare Trust (AWT), and the City District Government Karachi (CDGK).[12] The court found that the government had transferred the plot to CDGK for amenity purposes before AWT subleased it to Makro-Habib.[12] Despite being aware of CDGK's prior claim to the land, Makro-Habib proceeded with construction.[12] The court criticized the lease arrangements as undervalued and not in public or governmental interest.[12] The filed a review petition and obtained an interim order maintaining the status quo until the petition's resolution.[12] The review petition was ultimately dismissed by the court in 2015 and subsequently the store was permanently closed.[13]

In 2007, Makro's plan to open a store in Model Town, Lahore, was halted by a court injunction when Justice Muzammal Ahmad Khan of the Lahore High Court stayed the construction of store following writ petitions challenging the conversion of an amenity plot into a department store.[14] The petitioners cited a prior ruling that prohibited converting the plot to commercial use without modifying the society's master plan.[14] In 2008, the Environmental Protection Agency of Punjab approved the area for store construction, and the store was opened in Model Town in 2009.[15][16]

In October 2007, Metro Cash and Carry, a separate German wholesale chain, expanded its operations to Pakistan, and opened its first wholesale center in Lahore.[17][18] Six month later, Metro opened another business-to-business store in Islamabad.[19]

In 2008, Makro-Habib store was opened near Star Gate on Shahrah-e-Faisal in Karachi.[20] In the same year, the Dutch parent company exited the Pakistan and sold its entire stake to House of Habib.[6]

By 2009, Metro Cash and Carry changed its business model from business-to-business to hybrid model where small consumers can also purchase products.[19] In 2010, Metro introduced the own brands concept in Pakistan, allowing small businesses to feature their products in Metro Cash and Carry stores nationwide.[21] The initiative showcased five core brands across two price tiers, with packaging designed by Metro.[21]

2012–present: Merger and growth

In 2012, Makro and Metro Cash & Carry merged their operations in Pakistan.[22] At the time of merger, Metro Cash and Carry was operating five wholesale outlets in Pakistan: two in Lahore, and one each in Karachi, Islamabad, and Faisalabad.[5] Makro Habib Pakistan also had five stores, with three in Karachi and two in Lahore.[5]

In 2015, Metro opened a new store in Faisalabad, Punjab. Two years later, it was named as the best place to work in Pakistan.[23]

In 2020, Metro inaugurated its tenth Pakistani outlet in Multan, its first in southern Punjab.[24][25]

See also

References

  1. ^ "Metro Habib Annual Report 2024" (PDF). Retrieved 4 November 2024.
  2. ^ "Metro Cash & Carry, Pakistan by S. A. Butt, Farooq Sajjad Alam, Taimoor Tariq Butt :: SSRN". Archived from the original on 2024-12-07. Retrieved 2025-02-04.
  3. ^ Reporter, The Newspaper's (August 29, 2013). "Metro Habib to open 30 more stores". DAWN.COM. Archived from the original on July 31, 2019. Retrieved July 31, 2019.
  4. ^ "Metro, Makro Pakistan combine their businesses". The Nation. July 14, 2012. Archived from the original on July 31, 2019. Retrieved July 31, 2019.
  5. ^ a b c Zaheer, Farhan (July 14, 2011). "Retail consolidation: Makro and Metro in merger talks". The Express Tribune. Archived from the original on 2024-05-28. Retrieved 2021-01-22.
  6. ^ a b Tasleem, Nauman (September 16, 2010). "A place to shop for everything, but only for a few". The Express Tribune. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  7. ^ a b c Cowasjee, Ardeshir (July 15, 2007). "Webb Ground". DAWN.COM. Archived from the original on July 8, 2024. Retrieved February 4, 2025.
  8. ^ "A plea to the Lord Chief Justice". DAWN.COM. June 14, 2009. Archived from the original on July 10, 2024. Retrieved February 4, 2025.
  9. ^ "`Author of its own woes...`". DAWN.COM. December 27, 2009.
  10. ^ "The deprived have been heard". DAWN.COM. July 5, 2009. Archived from the original on December 10, 2024. Retrieved February 4, 2025.
  11. ^ "SC orders Makro to vacate playground". DAWN.COM. December 19, 2009. Archived from the original on July 6, 2024. Retrieved February 4, 2025.
  12. ^ a b c d e "'Makro' management". The Express Tribune. April 25, 2010. Archived from the original on July 10, 2024. Retrieved February 4, 2025.
  13. ^ Malik, Hasnaat (August 27, 2015). "Land dispute: SC rejects review plea over Army Welfare Trust, Makro-Habib". The Express Tribune. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  14. ^ a b "LHC stays Makro store construction". DAWN. 29 May 2007. Archived from the original on 6 July 2024. Retrieved 4 February 2025.
  15. ^ "Makro gets go-ahead nod". The Nation. August 21, 2008. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  16. ^ "Makro organises family extravaganza". Brecorder. March 27, 2011. Archived from the original on July 6, 2024. Retrieved February 4, 2025.
  17. ^ "Metro Cash, Carry to open first wholesale centre today". Brecorder. October 30, 2007. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  18. ^ "Business-to-business: Metro's business model shields it from competition". The Express Tribune. August 2, 2013. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  19. ^ a b Nizami, Babar (January 10, 2017). "Hoooold... Hoooooooold..... Now!!". Profit by Pakistan Today. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  20. ^ "Makro-Habib branch opened near Star Gate". Brecorder. January 11, 2008. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  21. ^ a b "Providing opportunities: Metro's 'Own Brands' helps promote local products". The Express Tribune. April 5, 2013. Archived from the original on December 7, 2024. Retrieved February 4, 2025.
  22. ^ "Administrative control: Metro Cash and Carry to take over Makro in January". The Express Tribune. October 25, 2011. Archived from the original on November 4, 2021. Retrieved July 31, 2019.
  23. ^ "METRO Cash & Carry ranked as the 'Best Place to Work' in Pakistan". The News International. November 16, 2017. Archived from the original on February 23, 2023. Retrieved July 31, 2019.
  24. ^ "Metro expands its business footprints in Multan". Brecorder. November 4, 2020. Archived from the original on July 6, 2024. Retrieved February 4, 2025.
  25. ^ "Metro to increase investment in Punjab". The Express Tribune. February 11, 2019. Archived from the original on June 4, 2021. Retrieved June 3, 2021.

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