The Montreal-based company said it will eliminate about 280 jobs starting in 2021 as part of a $400-million overhaul of its Ontario distribution network. Metro has six distribution centres in Ontario including four in Toronto and two in Ottawa that employ a total of more than 1,500 workers. It said the existing Ontario distribution network dates back to the 1960s and no longer meets the needs of its business. Although Metro faces competitors with automated distribution centres, Metro is just entering the field. Irene Nattel of RBC Capital Markets said the modernization of Metro’s distribution network is consistent with the company’s “measured and methodical approach to improving efficiencies in the business.”

Source: thestar October 11, 2017 17:03 UTC