- Makro is an international brand of Warehouse clubs, also called cash and carries
Makro Net worth 2024 (estimated)
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Makro facts
- Originally a Dutch-based chain, the first one opened in Amsterdam in 1968
- In the following years more stores opened in the Netherlands and in several other European countries and, in 1971, South Africa
- In the 1970s and 1980s Makro extended its business to the Americas and Asia
- Makro had also expanded to the United States in the mid-1980s
- In 1989, Kmart bought the US locations, and converted most of them to Pace Warehouse in 1990
- In 1998, Makro owner SHV Holdings sold the Makro stores in Europe to Metro AG
- Makro stores are not open to the general public (except in Belgium and Brazil Non-members not eligible for discounts), but only to businesses which have to be registered members in order to gain entry to the store
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