14:45:08 EDT Thu 09 May 2024
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Empire Company Ltd
Symbol EMP
Shares Issued 152,894,098
Close 2023-07-28 C$ 35.92
Market Cap C$ 5,491,956,000
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Globe says Metro workers in GTA strike through weekend

2023-07-31 07:33 ET - In the News

See In the News (C-MRU) Metro Inc

The Globe and Mail reports in its Monday, July 31, edition that about 3,700 grocery workers in the Greater Toronto Area set up picket lines outside Metro stores this weekend after rejecting a deal that the union's president says did not adequately address wages and working conditions. The Globe's Caroline Alphonso writes that the company closed 27 of its stores on Saturday. The strike by members represented by Unifor Local 414 comes amid concern among workers that their wages have not increased much over the years while big grocers have seen large profits. The Competition Bureau said in a June report that the country's largest grocers -- Loblaw, Empire's Sobeys and Metro -- reported more than $100-billion in sales in 2022 and earned more than $3.6-billion in profits. Unifor national president Lana Payne on Sunday said that any agreement reached with Metro's striking employees will set a "very important pattern" for the grocery sector, where other union locals will be negotiating. Workers at Metro rejected a tentative deal, the union said on Friday. Ms. Payne said: "They know that they're not just fighting for themselves. They're fighting for every grocery store worker and every retail worker out there."

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