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Metro Inc.
Metro Inc. is a Canadian food retailer operating in the provinces of Quebec and Ontario. The company is based in Montreal, Quebec with head office at 11011 Boulevard Maurice-Duplessis. Metro is the third largest grocer in Canada, after Loblaw Companies Limited and Sobeys. There are 365 namesake locations in Ontario and Quebec. Super C is the discount supermarket division operated in Quebec with 72 stores, averaging . These stores contribute to C$1 billion of Metro's annual sales. In Ontario, Metro has 139 discount supermarkets under the Food Basics banner, which are very similar to the Super C stores. Large Metro stores in Quebec operate under the Metro Plus name. Metro also operates 142 small groceries under the Marché Richelieu banner. In November 2007, Metro reported a 9.3% increase in earnings for the fiscal year ending September 29, 2007, making $276.6 million in 2007 compared to $253 million in 2006. In 2011 Metro acquired a majority stake (55.5%) (CAD$153.8 million) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metro AG
Metro AG is a German multinational company based in Düsseldorf which operates business membership only cash and carry stores primarily under the Metro brand. Until 2020 it was also active in general retail business through Real division, which was sold to an investor consortium. Unlike American warehouse clubs such as Costco or Sam's Club, it is not possible for private customers to acquire a membership for most Metro locations. As of 2020 it operates around 680 stores in 24 countries in Europe and Asia. The company was established in 1964 by Ernst Schmidt and Wilhelm Schmidt-Ruthenbeck. In 2010, it was the fourth-largest retailer in the world measured by revenues, after Wal-Mart, Carrefour and Tesco. Its current incarnation was launched in 2017 as a spun-off of old Metro AG, which continued to be a consumer electronics retailer and renamed itself Ceconomy. History The history of the Metro began on 8 November 1963 in Essen with the opening of the first wholesale ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. The Toronto Stock Exchange was established in 1861, and incorporated by the Legislative Assembly of Ontario in 1878. The Toronto Stock Exchange became the sole Canadian exchange for senior equities in 1999. In 2002, the exchange became a publicly-traded company and rebranded from the TSE to the ''TSX'' A broad range of businesses from Canada and abroad are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trusts and investment funds. More mining and oil and gas companies are listed on Toronto Stock Exchan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steinberg's (supermarket)
Steinberg's (renamed Steinberg in 1961) was a large family-owned Canadian grocery store chain that mainly operated in the province of Quebec and later Ontario. In addition to its flagship supermarket chain, the company operated several subsidiaries across the country. The company went bankrupt in 1992, three years after being sold to private interests, after 75 years in business. Beginning Steinberg's began as a grocery store founded in 1917 in Montreal by Jewish-Hungarian immigrant, Ida Steinberg. Her five sons, led by Sam Steinberg, grew the company from a tiny storefront on St. Lawrence Boulevard into the most popular and largest supermarket chain in Quebec. It was the first to create the "supermarket" concept in Quebec, in 1934, with expansions into Ontario (primarily the Ottawa area) and parts of New Brunswick. Expansion Steinberg's opened more stores in Montreal and Quebec over the years. Steinberg's entered the real estate market in 1952 under the name Ivanhoe Investm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early 1990s Recession
The early 1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed in part to the 1992 U.S. presidential election victory of Bill Clinton over incumbent president George H. W. Bush. The recession also included the resignation of Canadian prime minister Brian Mulroney, the reduction of active companies by 15% and unemployment up to nearly 20% in Finland, civil disturbances in the United Kingdom and the growth of discount stores in the United States and beyond. Primary factors believed to have led to the recession include the following: restrictive monetary policy enacted by central banks, primarily in response to inflation concerns, the loss of consumer and business confidence as a result of the 1990 oil price shock, the end of the Cold War and the subsequent decrease in defense spending, the savings and loan crisis and a slump in office construction resulting from overbuilding du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montreal Stock Exchange
The Montreal Exchange (MX; french: Bourse de Montréal), formerly the Montreal Stock Exchange (MSE), is a derivatives exchange, located in Montreal, Quebec, Canada that trades futures contracts and options on equities, indices, currencies, ETFs, energy and interest rates. Since 1965, it has been located in the Tour de la Bourse (Stock Exchange Tower), Montreal's third-tallest building. It is owned by the Toronto-based TMX Group. History Montreal Stock Exchange (1874-1982) The first exchange in Canada began in 1832 as an informal stock exchange at the Exchange Coffee House in Montreal. In 1874, Lorn MacDougall, along with his brothers Hartland St. Clair MacDougall and George Campbell MacDougall, James Burnett and Frank Bond were the driving force behind the creation of the Montreal Stock Exchange (a name that was used until 1982 when it became the Montreal Exchange). The shareholders voted Lorn MacDougall its first Chairman of the Governing Committee, a position he held unti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early 1980s Recession
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1983. It is widely considered to have been the most severe recession since World War II. A key event leading to the recession was the 1979 energy crisis, mostly caused by the Iranian Revolution which caused a disruption to the global oil supply, which saw oil prices rising sharply in 1979 and early 1980. The sharp rise in oil prices pushed the already high rates of inflation in several major advanced countries to new double-digit highs, with countries such as the United States, Canada, West Germany, Italy, the United Kingdom and Japan tightening their monetary policies by increasing interest rates in order to control the inflation. These G7 countries each, in fact, had "double-dip" recessions involving short declines in economic output in parts of 1980 followed by a short period of expansion, in turn, followed by a steeper, longer period of economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provigo
Provigo is a grocery retailer based in Quebec, Canada, consisting of over 300 stores and franchises throughout the province. It operates a retailing chain of stores and distribution warehouses. It is owned by Loblaw Companies Limited. The chain's advertising slogan is "Si vite, si bon!" ("So quick, so good!") History In 1969, in response to Canadian and American competition, a consortium of four Quebec wholesalers merged their activities with the intent to save costs and establish services as a big company. One of these people was Antoine Turmel who would become the first CEO of Provigo. Provigo was founded in 1969 under the Couvrette & Provost name, which was changed to Provigo in 1970. At first, Provigo was only the holding company that used three names for its grocery operations: Provigain, Provibec and Provipop, in addition to other banners outside the "Provi" designation. It wasn't until the year 1980 that the Provigo name itself would become an actual store banner by rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montreal Metro
The Montreal Metro (french: Métro de Montréal) is a rubber-tired underground rapid transit system serving Greater Montreal, Quebec, Canada. The metro, operated by the Société de transport de Montréal (STM), was inaugurated on October 14, 1966, during the tenure of Mayor Jean Drapeau. It has expanded since its opening from 22 stations on two lines to 68 stations on four lines totalling in length, serving the north, east and centre of the Island of Montreal with connections to Longueuil, via the Yellow Line, and Laval, via the Orange Line. The Montreal Metro is Canada's second busiest rapid transit system and North America's fourth busiest rapid transit system, behind the New York City Subway, the Mexico City Metro and the Toronto subway, delivering an average of daily unlinked passenger trips per weekday as of . In , trips on the Metro were completed. According to the STM, the Metro system had transported over 7 billion passengers as of 2010. With the Metro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rapid Transit
Rapid transit or mass rapid transit (MRT), also known as heavy rail or metro, is a type of high-capacity public transport generally found in urban areas. A rapid transit system that primarily or traditionally runs below the surface may be called a subway, tube, or underground. Unlike buses or trams, rapid transit systems are railways (usually electric) that operate on an exclusive right-of-way, which cannot be accessed by pedestrians or other vehicles, and which is often grade-separated in tunnels or on elevated railways. Modern services on rapid transit systems are provided on designated lines between stations typically using electric multiple units on rail tracks, although some systems use guided rubber tires, magnetic levitation (''maglev''), or monorail. The stations typically have high platforms, without steps inside the trains, requiring custom-made trains in order to minimize gaps between train and platform. They are typically integrated with other public tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean Drapeau
Jean Drapeau, (18 February 1916 – 12 August 1999) was Mayor of Montreal from 1954 to 1957 and 1960 to 1986. Major accomplishments of the Drapeau Administration include the development of the Montreal Metro entirely underground mass transit subway system running on 'whisper quiet' rubber wheels, a successful international exposition Expo 67 as well as the construction of a major performing arts centre, the Place des Arts. Drapeau also secured the hosting of the 1976 Summer Olympics and was instrumental in building the city's iconic Olympic stadium and then world's tallest inclined tower. Drapeau was responsible for securing a Major League Baseball franchise, with the creation of the Montreal Expos in 1969. Drapeau's main legacy is Montreal's attainment of global status under his administration. Early life and career The son of Joseph-Napoléon Drapeau and Alberta (Berthe) Martineau, Jean Drapeau was born in Montreal in 1916. His father, an insurance broker, city counci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Presse (Canadian Newspaper)
, founded in 1884, is a French-language digital newspaper published daily in Montreal, Quebec, Canada. It is owned by an independent nonprofit trust. ' was formerly a broadsheet daily, considered a newspaper of record in Canada. Its Sunday edition was discontinued in 2009, and the weekday edition in 2016. The weekend Saturday printed edition was discontinued on 31 December 2017, turning ' into an entirely digital newspaper. Audience and sections ' is published on its website, .ca, and its mobile app, . The newspaper targets an educated, middle-class readership. Its main competitors are two Montreal print dailies, the tabloid-format ', which aims at a more populist audience, and the more left-leaning broadsheet . ' comprises several sections, dealing individually with arts, sports, business and economy and other themes. Its Saturday print edition (now discontinued) contained over 10 sections. The newspaper's archives from 2000 to 2019 are available on its website. History The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
