Metro
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Expect a squeeze on orange juice costs as supplier price freeze ends: Metro CEOMetro Inc. says that a surge in purchases through Uber Eats and Instacart helped more than double its online food sales in the company's first fiscal quarter of the year.MoneyJan 30
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Metro says Loblaw conspired to implicate it in bread price-fixing schemeIn new court documents, the Montreal-based grocer denies being involved in bread price-fixing and accuses the companies of trying to spread the blame across the industry.CanadaDec 20, 2023
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Grocery code of conduct needs full participation to be successful: Metro CEOEric La Fleche told MPs at a House of Commons agriculture committee meeting on stabilizing food prices that Metro is willing to sign the code as it's currently drafted.EconomyDec 11, 2023
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Grocers likely to exceed record profits in 2023, economist saysProfits in the Canadian grocery sector will likely exceed $6B in 2023, setting a new record as they rise eight per cent from last year, according to the Centre for Future Work.MoneyDec 11, 2023
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From Ozempic to cosmetics, here’s what’s driving profits at Metro and LoblawLoblaw and Metro both reported higher revenue and profits in the latest quarter as grocery and drug sales rose at both companies.MoneyNov 15, 2023
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Montreal, Quebec lawmakers divided over transit fundingThere is a deep divide between municipal and provincial lawmakers about how the operating deficits of the public transit agencies in greater Montreal should be funded.CanadaOct 27, 2023
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Unifor to bargain with Loblaw for workers at Ontario, Newfoundland storesUnifor has made it clear it intends to try and repeat the gains it made during its negotiations for Metro workers in Toronto for other grocery workers it represents.CanadaOct 24, 2023
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Public transit agencies seeking more money from Quebec governmentOperators of the transit authorities say higher costs and ridership numbers that remain below pre-pandemic levels make it very difficult for them to maintain a balanced budget.CanadaOct 20, 2023
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Champagne says these 5 new measures will stabilize food prices ‘soon’Minister Champagne did not provide specific dates and faced questions from reporters about how some of these actions differ from what is already in place to lower food costs.CanadaOct 5, 2023
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Grocery heads agree to ‘support’ Ottawa’s efforts to ‘stabilize food prices’The heads of Canada's biggest grocers met in Ottawa on Monday after the Liberal government summoned them to come up with a plan to 'stabilize' food inflation.MoneySep 18, 2023
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