MONTREAL -- Metro-Richelieu here said improvements in both its wholesale and retail operations contributed to a 43.3% increase in net income in the third quarter ended July 2. eriod. Sales rose 4.4% to $651.4 million in the quarter. The company attributed the earnings improvement to "enhanced efficiency in wholesale operations, as well as a better performance in the food-retailing sector." Metro-Richelieu operates corporate stores under the Super C and Metro banners, and also supplies ...
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.