Metro’s first quarter results revealed a continuing shift of shoppers into its discount formats. We look at how the retailer is responding to the flight to value. Q1 key numbers Sales increased 8.2% to $4,671m Food same-store sales up 7.5% Pharmacy same-store sales up 7.7% Net earnings up 11.3% to $231.1m Accelerating discount expansion Sales growth was driven by Metro’s...

Circle K is testing a new loyalty programme in Western Canada. VIP Premium Pass provides subscribers with access to excusive promotions. Sign-up required to access promotional details Customers can join the program by visiting a dedicated website or scanning a QR code in-store. The sign-up process is simple, only requiring a phone number and a confirmation text. After joining, members can tak...

Walmart has announced new leaders for its businesses in Canada and Chile. The changes are being made following the departure of Haio Barbeito earlier this year from the top seat in Canada to lead US clothing retailer, Old Navy. Gonzalo Gebara to lead Walmart Canada Taking up the president and CEO position in Canada is Gonzalo Gebara, effective January 30, 2023. He currently leads the Walmar...