METRO-RICHELIEU TO MODERNIZE

MONTREAL -- Metro-Richelieu here said it will invest $100 million this year to modernize its stores, including $50 million for its recently acquired Loeb stores.officer.In June, Metro acquired 41 Loeb stores in Ottawa and northeastern Ontario, from Provigo. The $85 million deal gave Metro its first foothold in Ontario."We are confident that the skills of our management team in conjunction with the

MONTREAL -- Metro-Richelieu here said it will invest $100 million this year to modernize its stores, including $50 million for its recently acquired Loeb stores.

officer.

In June, Metro acquired 41 Loeb stores in Ottawa and northeastern Ontario, from Provigo. The $85 million deal gave Metro its first foothold in Ontario.

"We are confident that the skills of our management team in conjunction with the application of new merchandising strategies will enable us to succe

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