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 4,000 m2 (43,056 sq ft). These stores contribute to C$1 billion of Metro’s annual sales.

In Ontario, Metro has 119 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) 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 5 years for the construction of a new automated distribution centre for fresh and frozen products, which they hope to open in 2023.

Traded as:           TSX: MRU

Industry:              Supermarket

Founded:            1947 in Verdun, Quebec, Canada

Founder:             Rolland Jeanneau

Headquarters:   Montreal, Quebec, Canada

Divisions:

  • Food Basics
  • Super C
  • Marché Richelieu
  • Les 5 Saisons
  • Marché Ami
  • The Barn Markets (Operating as “Metro”)

Subsidiaries:

  • Brunet
  • Jean Coutu Group
  • Marché Adonis

Website:              www.metro.ca corpo.metro.ca

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