Metro Cash & Carry Pakistan

Last updated
Metro Cash & Carry Pakistan
Company type Unlisted public company
Industry Retail
Founded2006;18 years ago (2006)
Headquarters Lahore, Pakistan
Number of locations
10 (2024)
Area served
Pakistan
Key people
Marek Minkiewicz (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
Parent Metro Cash & Carry
Thal Limited
Website metro.pk

Metro Cash & Carry Pakistan, also known as Metro-Habib, formerly known as Makro Habib Pakistan, is a Pakistani supermarket chain stores operator based in Lahore, Pakistan. [1] It is a subsidiary of German chain Metro Cash & Carry and Thal Limited.

Contents

Metro opened its first store in 2007. [2] It operates 10 supermarkets, in total, in Karachi, Lahore, Islamabad, Faisalabad, and Multan. [3]

History

Makro Habib Pakistan was established in 2005 as a joint venture between the Dutch wholesale giant Makro and the Pakistani conglomerate House of Habib. [4] The company began its operations by opening its first store in SITE Industrial Area Karachi in 2006. [5]

In 2006, Makro-Habib began construction of a store in Saddar Town after obtaining a sublease from the Army Welfare Trust (AWT) on a playground called Webb Ground, a five-acre playing field located in Tunisia Lines and named after Sir Montagu de Pomeroy Webb. [6] [7] Webb Ground was originally leased to AWT for commercial purposes in December 2002. [8] [9] Before the construction of the store, Webb Ground had been utilized as a sports field by Karachi Grammar School for nearly 80 years. [10] In the mid-1980s, it was incorporated into the Lines Area Redevelopment Scheme and served as a neighborhood playground for approximately 200,000 residents. [11] [12] The project was halted by the court in 2009 when the Supreme Court of Pakistan ruled that Makro-Habib must dismantle its structures on the playfield. [13] The judgment revealed complex dealings involving the Government of Pakistan, the Army Welfare Trust (AWT), and the City District Government Karachi (CDGK). [14] The court found that the government had transferred the plot to CDGK for amenity purposes before AWT subleased it to Makro-Habib. [15] Despite being aware of CDGK's prior claim to the land, Makro-Habib proceeded with construction. [16] The court criticized the lease arrangements as undervalued and not in public or governmental interest. [17] The filed a review petition and obtained an interim order maintaining the status quo until the petition's resolution. [18] The review petition was ultimately dismissed by the court in 2015 and subsequently the store was permanently closed. [19]

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. [20] The petitioners cited a prior ruling that prohibited converting the plot to commercial use without modifying the society's master plan. [20] In 2008, the Environmental Protection Agency of Punjab approved the area for store construction, and the store was opened in Model Town in 2009. [21] [22]

In October 2007, Metro Cash and Carry expanded into Pakistan, opening its first wholesale center in Lahore. [23] [24] Six month later, Metro opened another business-to-business store in Islamabad. [25]

In 2008, Makro-Habib store was opened near Star Gate on Shahrah-e-Faisal in Karachi. [26] In the same year, the Dutch parent company exited the Pakistan and sold its entire stake to House of Habib. [5]

By 2009, Metro Cash and Carry changed its business model from business-to-business to hybrid model where small consumers can also purchase products. [27] In 2010, Metro introduced the own brands concept in Pakistan, allowing small businesses to feature their products in Metro Cash and Carry stores nationwide. [28] The initiative showcased five core brands across two price tiers, with packaging designed by Metro. [29] In 2011, Makro and Metro Cash & Carry merged their operations in Pakistan. [30] In 2011, at the time of their merger, Metro Cash and Carry was operating five wholesale outlets in Pakistan: two in Lahore, and one each in Karachi, Islamabad, and Faisalabad, having started its operations in 2007. [4] Makro Habib Pakistan also had five stores, with three in Karachi and two in Lahore. [4]

In 2015, a new Metro store was opened in Faisalabad, Punjab. Two years later, it was named as the best place to work in Pakistan. [31]

In 2020, Metro expanded further with opening of a new store in Multan, Punjab. [32] [33]

See also

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References

  1. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1972239
  2. Reporter, The Newspaper's (August 29, 2013). "Metro Habib to open 30 more stores". DAWN.COM.
  3. "Metro, Makro Pakistan combine their businesses". The Nation. July 14, 2012.
  4. 1 2 3 Zaheer, Farhan (July 14, 2011). "Retail consolidation: Makro and Metro in merger talks". The Express Tribune . Retrieved 2021-01-22.
  5. 1 2 Tasleem, Nauman (September 16, 2010). "A place to shop for everything, but only for a few". The Express Tribune .
  6. https://www.dawn.com/news/1073334
  7. https://www.dawn.com/news/833608/a-plea-to-the-lord-chief-justice
  8. https://www.dawn.com/news/1073334
  9. https://www.dawn.com/news/965519/author-of-its-own-woes
  10. https://www.dawn.com/news/1073334
  11. https://www.dawn.com/news/1073334
  12. https://www.dawn.com/news/833599/the-deprived-have-been-heard
  13. https://www.dawn.com/news/858004/sc-orders-makro-to-vacate-playground
  14. https://tribune.com.pk/story/9016/makro-management
  15. https://tribune.com.pk/story/9016/makro-management
  16. https://tribune.com.pk/story/9016/makro-management
  17. https://tribune.com.pk/story/9016/makro-management
  18. https://tribune.com.pk/story/9016/makro-management
  19. https://tribune.com.pk/story/946034/land-dispute-sc-rejects-review-plea-over-army-welfare-trust-makro-habib
  20. 1 2 "LHC stays Makro store construction". DAWN. 29 May 2007.
  21. https://www.nation.com.pk/21-Aug-2008/makro-gets-goahead-nod
  22. https://www.brecorder.com/news/3858601
  23. https://www.brecorder.com/news/3448491
  24. https://tribune.com.pk/story/585773/business-to-business-metros-business-model-shields-it-from-competition
  25. https://profit.pakistantoday.com.pk/2017/01/10/hoooold-hoooooooold-now/
  26. https://www.brecorder.com/news/3471207
  27. https://profit.pakistantoday.com.pk/2017/01/10/hoooold-hoooooooold-now/
  28. https://tribune.com.pk/story/531789/providing-opportunities-metros-own-brands-helps-promote-local-products
  29. https://tribune.com.pk/story/531789/providing-opportunities-metros-own-brands-helps-promote-local-products
  30. "Administrative control: Metro Cash and Carry to take over Makro in January". The Express Tribune . October 25, 2011.
  31. "METRO Cash & Carry ranked as the 'Best Place to Work' in Pakistan". The News International . November 16, 2017.
  32. https://www.brecorder.com/news/40030499
  33. "Metro to increase investment in Punjab". The Express Tribune . February 11, 2019.