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News Tagged By: Metro Inc.

Metro beats Street, raises dividend

Canadian grocer Metro Inc. posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.

Posted on 4-16-2014 at 8:14 AM
Tags: Metro Inc.

Metro consolidates operations, cuts 114 jobs

Grocer Metro Inc. says it will consolidate its produce and dairy distribution operations in Quebec – affecting 114 jobs.

Posted on 11-28-2013 at 3:16 PM
Tags: Metro Inc., Retail

Canada's grocers grapple with cutthroat competition

Two big Canadian grocers reported steep declines in quarterly profit on Wednesday in the face of escalating competition from the likes of Wal-Mart Stores Inc and Target Corp, a new entrant to the...

Posted on 11-13-2013 at 12:17 PM
Tags: Loblaw, Metro Inc.

Tough competition hits grocer Metro's profit

Metro Inc, Canada's No.3 grocer, posted a larger-than-expected 40 percent drop in quarterly profit as expanding U.S. retailers provided "intense competition" in its home market.

Posted on 11-13-2013 at 7:43 AM
Tags: Metro Inc.

Grocers feeling pressure from retail war with U.S. giants

The fierce retail war in Ontario threatens to spill over into Quebec and beyond – and grocers are feeling much of the brunt of it.

Posted on 11-11-2013 at 11:05 AM
Tags: Wal-Mart, Target, Loblaw, Metro Inc., Amazon, Shoppers Drug Mart
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