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.

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