MONTREAL -- Canadian supermarket and drug store operator Metro here plans to spend $121.5 million this year to open, expand, or renovate 30 stores in Quebec and Ontario. It sees bigger stores and a better selection as key in competing against Wal-Mart Canada, Loblaw and other competitors. In addition, the company may consider expansion in Ontario via an acquisition, said Pierre Lessard, president, at Metro's annual meeting here last week. However, he noted there are few takeover candidates. ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.