Metro Inc - food industry company news Metro IncCompany news RSS feed

Next week will see a US retail conference and Q1 results from suppliers including KelloggThe week ahead - US retail conference; Kellogg, Kraft Q1s

29 April 2013

Wal-Mart, Kroger and Supervalu are among the US retailers presenting at a Barclays sector conference next week. The first-quarter results will continue to roll in, with Kellogg, Kraft Foods Group and Canadian retailer Loblaw part of a group of companies to publish numbers.

Quote, unquote: just-food's week in words

29 April 2013

just-food spoke with ABF CEO George Weston this week following the release of the firm's first-half figures. The chief executive spoke about the performance of and prospects for the firm's food operations. Elsewhere, Ocado dismissed reports of a potential takeover by Morrisons, while Nestle defended a trademark lawsuit it has filed against Petra Foods over the Singapore firm's Delfi Take-It chocolate bar.

Editor's choice: the highlights on just-food last week

29 April 2013

Associated British Foods grabbed the headlines this week - for good and tragic reasons. Twenty-four hours before a factory in Bangladesh that supplied ABF's discount clothing chain Primark, just-food discussed the Kingsmill bread owner's half-year results. Another UK-listed major, Unilever, this week reported its Q1 sales, which missed analyst estimates on weaker spreads and ice cream sales. Elsewhere, we analysed the return of GM to national UK headlines and China's attempts to improve food safety.

On the money: Fresh, loyalty help Metro manage trading conditions

24 April 2013

Canadian retailer Metro Inc has said its fresh food and customer loyalty schemes are helping it trade in a "highly competitive" sector.

CANADA: Metro H1 earnings, sales climb

24 April 2013

Canadian retailer Metro Inc has booked an increase in first-half earnings but warned of a challenging few quarters ahead.

The week ahead: ABF H1s; Unilever, Hershey, Premier Q1s

22 April 2013

A raft of companies report to the market next week, including UK-based food group Associated British Foods, which is set to unveil its half-year results. Data for the first quarter of 2013 will continue to come in, with Unilever, Hershey and Premier Foods plc among those set to publish numbers.

CANADA: Retailer Metro reports higher Q1 profits

30 January 2013

Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins.

US: Safeway shares jump on Canadian sell-off speculation

24 January 2013

Shares in Safeway have risen after analysts suggested that Canadian retailers could be freeing up cash in preparation for a bidding war over the US retailer's Canadian operations.

CANADA: Metro sells Couche-Tard stake

23 January 2013

Metro Inc plans to raise C$479m (US$482m) through the sale of its stake in convenience operator Couche-Tard.

CANADA: Metro Inc outpaces rival Loblaw

15 November 2012

Canadian retailer Metro Inc has reported higher annual profits - and seen sales in its most recent quarter outstrip rival Loblaw.

CANADA: Metro increases focus on retail with foodservice sale

22 October 2012

Metro Inc has announced the sale of its foodservice division, Distrago, as it looks to increase its focus on its core food stores.

CANADA: Metro Q3 profit up after sales rise

9 August 2012

Canadian retailer Metro Inc has today (9 August) posted a rise in third-quarter net profits on the back of increased sales.

CANADA: Metro to open Quebec facility

5 July 2012

Canadian retailer Metro Inc has broken ground on a produce and dairy products warehouse in Quebec.

CANADA: Metro appoints Thibault as CFO

22 June 2012

Canadian retailer Metro Inc has appointed François Thibault as group CFO.

CANADA: Metro Q2 profits rise

18 April 2012

Canadian retailer Metro Inc has booked a 12% increase in second-quarter profits, boosted by the contribution from majority-owned ethnic food retailer Adonis.

CANADA: Metro CFO Dufresne joins owner of rival Loblaw

21 February 2012

The ex-CFO of Canadian retailer Metro Inc has joined George Weston, the owner of rival grocer Loblaw.

CANADA: Dufresne quits as Metro CFO

21 February 2012

Canadian retailer Metro Inc Richard Dufresne has quit as the company's CFO.

CANADA: Adonis aids Metro Q1 profits jump

1 February 2012

Canadian grocer Metro Inc's shares rose after a first-quarter spike in profits, revenue and like-for-like sales.

just the answer - Biscuits Leclerc CEO Denis Leclerc

31 January 2012

Last month, Canadian biscuit firm Groupe Biscuits Leclerc expanded its presence in the US, with the acquisition of snack bar brand Go Pure. In the latest just the answer interview, Katie Smith discusses the acquisition and the biscuit company's plans for the future with CEO Denis Leclerc, including setting up in the UK.

CANADA: Metro Inc reports "strong" end to year

17 November 2011

Shares in Metro Inc closed up yesterday (16 November) after the Canadian retailer reported a "strong" end to its financial year.

CANADA: Metro Inc acquires majority stake in Marche Adonis

27 October 2011

Canadian grocery retailer Metro Inc has acquired a majority share in food retailer Marché Adonis.

CANADA: Metro Inc Q3 net profit up on flat sales

10 August 2011

Canadian grocery retailer Metro Inc has reported an increase in third-quarter net earnings despite reporting largely flat sales on the same period of last year.

CANADA: Metro Inc Q2 profits rise fails to stem H1 slide

20 April 2011

Metro Inc, the Canadian retailer, saw earnings rise in its second quarter but the improvement failed to prevent a slide in half-year profits.

Talking shop: Canadian retailers face uncertain 2011

28 January 2011

Recovery in the Canadian retail sector is set to become increasingly complex during 2011, with the economy remaining on unsteady ground and while Quebec and Ontario become battle grounds as Wal-Mart Stores expands its grocery presence.

CANADA: Metro Inc posts rise in underlying Q1 profits

25 January 2011

Metro Inc, the Canadian retailer, today (25 January) posted a rise in underlying first-quarter results amid an improvement in same-store sales.

just the facts - A&P

13 December 2010

Ailing US retailer A&P this morning (13 December) announced it has filed for bankruptcy in a bid to fully restructure a business loaded with debt and hit by competition. Here just-food takes a look back the firm's history.

CAN/US: High Liner Foods commits to sustainable seafood

30 November 2010

Canada-based seafood processor High Liner Foods has committed to sourcing all of its seafood from "sustainable" or "responsible" sources by the end of 2013.

CANADA: Metro Inc posts profit hike

17 November 2010

Metro Inc, the Canadian retailer, today (17 November) posted an almost 11% jump in annual profits as moves to improve its stores boosted earnings.

CANADA: Metro Inc profits up, despite consumer caution

11 August 2010

Canadian retailer Metro Inc has booked an increase in profits for the first 40 weeks of the year.

Quote, unquote: just-food's week in words

21 May 2010

President Sarkozy this week brokered an agreement with France's largest retailers to exercise restraint on margins to support the country's produce sector. Meanwhile, one of France's food giants, Danone, announced its first foray into Australia - and sent a warning to the country's domestic dairy groups. Here is the best of who said what this week.

1

2

Next >

Welcome to the home of food information, insight & intelligence

Not a member? Join here