Footnotes:
Metro operates 426 corporate stores that account for 75% of total sales. It also supplies 331 franchised stores, including 146 supermarkets and 185 drug stores.
MONTREAL — Metro Inc. here on Wednesday said net earnings for the fiscal second quarter increased 12.1% to $96.5 million (U.S.) on a 1% increase in same-store sales....More
Traditional supermarket operators in Canada are at risk from the expansion there by Wal-Mart and Target, according to a report from BMO Capital Markets....More
TORONTO — George Weston Ltd., the parent of Loblaw Cos., said Tuesday it has hired Richard Dufresne as chief financial officer, a position he has held for the past six years with Montreal-based retailer Metro Inc....More
MONTREAL — Shareholders of Metro Inc. at the retailer’s annual meeting here Tuesday approved a plan to consolidate its Class A and Class B stock shares....More
MONTREAL — Metro Inc. here on Wednesday said its net earnings decreased by 8.9% during its fiscal fourth quarter as the retailer waged promotional battles and absorbed costs associated with closing a food processing facility and a warehouse....More
MONTREAL — In a move that parallels one made by rival Loblaw Cos. two years ago, Metro Inc. here last week said it has acquired a 55% stake in March Adonis...More
MONTREAL — Price inflation has returned to Canada, but much of its effects are being swallowed up in promotional battles, officials of Metro Inc. here said Wednesday....More
MONTREAL — Price inflation has returned to Canada, but much of its effects are being swallowed up in promotional battles, officials of Metro Inc. here said Wednesday....More
MONTREAL — Canadian retail Metro here said deflationary pressure from competition ate into sales in the second fiscal quarter, although the company was...More
MONTREAL — Canadian retailer Metro here said deflationary pressure from competition ate into sales in the second fiscal quarter, although the
company was able to post a 3.7% gain in earnings for the period....More
