Top

Metro Inc.

TSX Exchange | Aug 15, 2020, 3:26 PM EDT | Real-time price

MRU $ 60.33 RT
CHANGE
0.67 (1.123%)
VOLUME
444,269
Day Low: 59.58
Day High: 60.47
 Back
METRO announces extension of employee wage premium

Canada NewsWire

MONTREAL, April 18, 2020 /CNW Telbec/ - METRO INC. (TSX: MRU) announces that the payment of an additional $2/hour to employees of its food stores and distribution centres is extended until May 30, 2020. This measure applies to approximately 50,000 people.

"The particular circumstances that led us to make this decision have not changed and we are therefore maintaining this temporary measure," explained Eric La Flèche, President and Chief Executive Officer.

"Our teams continue to do a remarkable job, and thanks to their efforts, we are able to meet the needs of our customers," added Mr. La Flèche.

About METRO Inc.

With annual sales of more than $16 billion, METRO Inc. is a food and pharmacy leader in Québec and Ontario. As a retailer, franchisor, distributor, and manufacturer, the company operates or services a network of some 950 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as some 650 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners, providing employment to almost 90,000 people. For more details, visit corpo.metro.ca. 

SOURCE METRO INC.

Cision View original content: http://www.newswire.ca/en/releases/archive/April2020/18/c5463.html

METRO, Media Relations, 514 643-1009 or 1 800 463-2190, media@metro.caCopyright CNW Group 2020

Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. View delay times for all exchanges. Market Data powered by QuoteMedia. See the QuoteMedia Terms of Use.