Metro

German retail group Metro could be eyeing entry into the US market, while also making changes to Asian, African and European operations.

At a presentation for members of industrial and commercial clubs in Ostwestfalen, Metro 's chief executive officer Eckhard Cordes noted that the company was not seeking growth in every market, but was looking at possible options, Planet Retail reported.

Mr Cordes said that there would be an increased focus on central and eastern European operations, and added that the US market was proving 'interesting'.

There will also be a focus on Asian growth, he added, with the retailer continuing to express its interest in a market entry into Indonesia through its cash & carry banner.

The retailer is still to go ahead with plans to withdraw from Morocco, however, selling eight cash-and-carry stores to Label Vie for €120m.