The battle between major grocers and their suppliers over pricing will escalate on Monday when Metro Inc. starts reducing by 1 per cent the amount it pays its suppliers.
Montreal-based Metro becomes the latest supermarket retailer to push its suppliers for breaks, taking the lead from Loblaw Cos. Ltd., the industry’s top player, which in September began to pay its vendors 1.45-per-cent less in a bid, it said, to lower consumer prices.
Discover content from The Globe and Mail that you might otherwise not have come across. Here we’ll provide you with fresh suggestions where we will continue to make even better ones as we get to know you better.
You can let us know if a suggestion is not to your liking by hitting the ‘’ close button to the right of the headline.