MONTREAL — Improved store conditions and better execution in shrink helped Metro Inc. overcome what it viewed as the peak of food-price deflation during the second quarter, the retailer here said. Overall customer counts were up slightly in the quarter, but average basket size decreased as deflation for the basket averaged about 2% during the quarter, which ended March 13, Metro officials said. Quarterly net earnings of $80.5 million (U.S.) improved by 5.2% form the same period last year ...
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