Price Increases Coming to Metro Stores as Industry Price Freeze Ends: CEO

Published on January 30, 2024

Higher prices will start coming to Metro Inc. grocery stores as soon as next week after an industry-wide blackout period on supplier price increases comes to an end, CEO Eric La Flèche said on Jan. 30. “We are negotiating as best we can and delaying as much as we can some of the increases requested by our suppliers,” Mr. La Flèche told a virtual news conference. “Unfortunately, there will be some prices starting to go up.” Mr. La Flèche said one product that Metro shoppers will pay more for is orange juice, because of problems with orange crops. “That one’s going to be substantial,” he said. “We’re clearly going to be selling a lot less orange juice.”...

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