Metro is a leading food and pharmaceutical company having operations in Quebec and Ontario. The company is one of the largest food retailers in Canada. The company operates through more than 600 food stores operating under the banners Metro, Metro Plus, Super C, Food Basics and Adonis. Its drug business is conducted through 650 drugstores and pharmacies operating under the banners Jean Coutu, Brunet, Metro Pharmacy and Drug Basics. Its two business segments, food operations and pharmaceutical operations are combined into one reportable operating segment. Metro has developed a successful market segmentation strategy with its different grocery banners catering to three different market segments. For example, Metro, Super C and Adonis all target unique markets and customers. Metro and Metro Plus are leading supermarket chains in Quebec and Ontario. Metro’s largest acquisition of Jean Coutu group that has resulted in the creation of a $16-billion retail leader.
Looking for the best of the best dividend stocks? The Canadian Dividend Aristocrats list is the perfect place to start. As you start, you can see the list of stocks (Excel export) to learn more about their yield and dividend … Read more
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Metro is a leading food and pharmaceutical company based out of Quebec and Ontario and ranks amongst the largest food retailers in Canada. Due to the similar nature of operations, its two business segments, food operations, and pharmaceutical operations are … Read more
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With the markets fluctuating, I see opportunities. While I would normally build up my cash for my upcoming $6,000 TFSA contribution for 2019 (x2 for my spouse), I decided to take advantage of the market swings and do some buying. … Read more