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Metro

Metro

Parent Company: Metro Inc.

Brand Value: $1,698 million

Headquarter City: Montreal

Industry: Retail

Year Formed: 1947

Metro is a food and pharmacy retailer that operates primarily in Ontario and Quebec. It currently operates 947 food stores and 669 drugstores, directly or indirectly employing almost 90,000 people.[1] Metro was founded as Magasins Lasalle Stores ltée in 1947, when several independent grocers decided to form a buying group. More grocers joined, and in 1957, inspired by the development of the Montreal Metro, it adopted the name Metro. Since then, it has grown largely by acquisition, including the most recent purchase of the Jean Contu Group of pharmacy stores in 2017, which positions Metro as the largest private employer in Quebec. Metro has also distinguished itself in its home market through the purchase of MissFresh, a Montreal company specializing in the delivery of ready-to-cook meals.


[1] https://corpo.metro.ca/en/investor-relations/financial-information/annual-reports.html 

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