MONTREAL — Metro Inc. here last week 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. While the competitive environment was largely unchanged from previous quarters, shoppers are buying more sale items than before as conventional stores ramp up hot ads to counter expansion from discounters such as Wal-Mart, Eric La Fleche, chief ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.