MONTREAL — Eric LaFleche, who officially took the wheel of retailer Metro Inc. last week, is making his maiden voyage through turbulent waters. The Canadian retailer last week said net income in its fiscal second quarter of $58 million (U.S.) was down 6% from the same period last year, while sales of $2.4 billion were an increase of 0.7%. Results were announced on the same day LaFleche assumed president and chief executive officer duties from Pierre Lesard, who is retiring. Metro first ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.