Topic summary

Metro Inc.

Metro Inc.

Metro Inc. is a Canadian supermarket chain 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.

Super C is the discount supermarket division operated in Quebec with 106 stores, averaging 4,000 m (43,056 sq ft). In Ontario, Metro has 144 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 51 groceries stores 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) in Marché Adonis, one of Quebec's biggest ethnic food retailers specializing in Mediterranean food (Marché Adonis sales CAD$73 million 2011). In a March 2020 press release, Metro announced that it will invest about $420 million within next five years for the construction of a new automated distribution centre for fresh and frozen products, which they hope to open in 2023.