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Home > Company Index > Food, Beverage & Tobacco > Food Wholesale - to Grocers > Metro Inc.

Metro Inc.
 NEWS FROM THE STANDARD
Betting on a Power Play
Jul 16 2001 01:05 PM PDT

 PROFILE
Metro (formerly Metro-Richelieu) provides Quebec with the fixings for a big meal, plus the antacid for afterwards. The wholesale distributor and retailer of groceries and pharmaceuticals supplies more than 500 stores, most of them franchised Metro and Marche Richelieu food stores. It owns about 40 Super C discount food outlets and also serves franchised Les 5 Saisons stores. In Ontario, Metro owns and franchises about 40 Loeb stores. Other food customers include hospitals, hotels, nursing homes, restaurants, and schools. Its McMahon wholesale pharmaceutical subsidiary serves drugstores and health care facilities in Quebec; it franchises about 140 Brunet and Clini-Plus drugstores. Metro was founded in 1947.

 COMPETITION
Empire Company Limited (EMPA)
Loblaw Companies Limited (L)
Wal-Mart Stores, Inc. (WMT)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 3,103.30
1-Yr. Sales Growth: 14.0%
Employees: 9,500
Revenue per employee: $326,663.16

 KEY PEOPLE
• Pierre H. Lessard
    CEO
• L. G. Serge Gadbois
    CFO

 CONTACT INFO
11011 Maurice-Duplessis Blvd.
Montreal Quebec H1C 1V6, Canada
Phone: 1-514-643-1055
Fax: 1-514-643-1215
Online: Web Site

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