Metro Inc

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Focus: Sobeys joy but questions for Safeway

Canada's second-largest grocer Sobeys has swooped to buy the local business of US supermarket giant Safeway. Sobeys has paid a full price fo...

Talking shop: Canadian retailers face uncertainty

Recovery in the Canadian retail sector is set to become increasingly complex during 2011, with the economy remaining on unsteady ground and... | 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.

Katy Askew | 17 May 2010

Canadian supermarket group Sobeys has announced plans to open a chain of discount stores in Ontario, with the aim of capturing a greater share of the cut-price market in the province.

Dean Best | 22 Apr 2008

Loblaw, Canada's largest food retailer, has faltered recently as Wal-Mart slowly builds its presence north of the border. It's all change in the company's boardroom, with Allan Leighton, once vital to the turnaround at Asda in the 1990s, charged with breathing fresh life into another grocer. But, as Dean Best discovers, Loblaw's strategy has left retail watchers unconvinced.

Latest Interviews

Katie Smith | 31 Jan 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.

Latest News

Dean Best | 2 Aug 2017

Canadian food retailer Metro Inc has struck a deal to acquire a majority stake in Montreal-based meal-kit maker MissFresh.

Katy Askew | 18 Jun 2014

Metro Inc has acquired a majority stake in Quebec-based artisan baker Première Moisson in a deal the Canadian retailer said would enable it to differentiate its fresh bakery offering.

Dean Best | 16 Apr 2014

Shares in Metro Inc rose today (16 April) after the Canadian retailer reported improved quarterly sales.

Dean Best | 21 Feb 2014

Canadian retail giant Loblaw has predicted the recent space expansion seen in the country's grocery sector will "moderate" in the second half of the year.

Hannah Abdulla | 30 Jan 2014

Metro Inc has reported a fall in quarterly profits amid flat sales at the Canadian grocer.

Dean Best | 29 Nov 2013

Canadian retailer Metro Inc is to shut a distribution site in Quebec, with the loss of over 110 jobs.

Dean Best | 14 Nov 2013

Canadian retailer Metro Inc has reported an increase in annual profits but a fall in sales, citing, like rival Loblaw, fierce competition in the last three months.

Dean Best | 14 Aug 2013

Canadian retailer Metro Inc is to close stores in Ontario to stave off increased competition, the country's most populous province.

Dean Best | 29 Apr 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.

Michelle Russell | 29 Apr 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.

Dean Best | 29 Apr 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.

Michelle Russell | 24 Apr 2013

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

Michelle Russell | 24 Apr 2013

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

Dean Best | 22 Apr 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.

Dean Best | 30 Jan 2013

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

Katy Askew | 24 Jan 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.

Katy Askew | 23 Jan 2013

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

Dean Best | 15 Nov 2012

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

Katy Askew | 22 Oct 2012

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

Katie Smith | 9 Aug 2012

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

Michelle Russell | 5 Jul 2012

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

Michelle Russell | 22 Jun 2012

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

Katy Askew | 18 Apr 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.

Michelle Russell | 21 Feb 2012

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

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