Makro, a thorn in supermarkets’ side, a nightmare for commerciual ussers, an onslaught against the oh-so-ever-increasing prices, now has a rival. With the opening of a new wholesale center METRO cash & carry Pakistan on Multan Road, Lahore near Thokar Niaz Beg, today.
The groundbreaking ceremony for the location took place on April 4th 2007 in presence of the Chief Minister of the Punjab, Chaudhry Pervaiz Elahi and Lahore City District Nazim, Mian Amer Mahmood. With an investment of €15 million, the company plans to open wholesale centers in all major cities of the country. These cities include Lahore, Karachi, Islamabad, Rawalpindi, Faisalabad, Gujranwala and Hyderabad. Offering a wholesale price that leaves the customer room for healthy margins and provide a one-stop-shop for the customer, hopefully.
The presence of both Makro and now METRO, the global rivals, might strongly urge the supermarkets to reconsider their prices.