Metro doubles down on shift towards more discount grocery stores

Metro Inc., the company behind Metro, Food Basics and Super C grocery store banners, says it plans to transition more Metro stores into Food Basics to offer more value offerings for consumers.

Some of those store transitions will also include employee terminations, the company noted in its earnings report.

“As part of our continued efforts to address our customers’ ongoing search for value and to strengthen our competitive position in targeted markets, we are proceeding with a reorganization of our Ontario store and distribution network which will result in the conversion of 10 Metro stores to the Food Basics discount banner,” said Metro in the report.

Metro adds that the...