Metro Sales Rise, Earnings Dip

MONTREALMetro Inc. here last week said its net earnings decreased by 8.9% during its fiscal fourth quarter as the retailer waged promotional battles and absorbed costs associated with closing a food-processing facility and a warehouse.

While the competitive environment was largely unchanged from previous quarters, shoppers are buying more sale items than before as conventional stores ramp up hot ads

Register to view the full article

Already a member? .

TAGS: Walmart