Daily Newsletter

01 September 2023

Daily Newsletter

01 September 2023

Metro and Unifor reach tentative deal after month-long strike

Metro said the new agreement is fair and equitable for its employees and customers.

Jangoulun Singsit August 31 2023

Canada-based grocery store chain Metro has reached a new tentative agreement with trade union Unifor for the renewal of the collective agreement of the unionised employees.

The agreement comes after a month-long strike action by 3,700 frontline grocery store workers.

On 29 July, members of Unifor Local 414 at 27 Metro stores across the Greater Toronto Area launched a strike after rejecting a tentative collective agreement.

Unifor national president Lana Payne said: "Our union was able to negotiate this new tentative agreement due to the unwavering commitment of our Metro grocery members who were united in their goal to improve their wages and working conditions.

"I commend the workers and the bargaining committee for their solidarity and also the customers who supported them during this difficult time."

The new agreement, which Metro claimed to be “fair and equitable for its employees and our customers,” is unanimously recommended by the union’s bargaining committee.

The union will not disclose details of the tentative agreement before being presented to members at ratification votes.

The voting is scheduled to take place in the coming days. 

Unifor Local 414 president Gord Currie said: "This tentative agreement acknowledges the economic struggle that many of our members face. I am very proud of these members and their determination."

Metro operates a network of around 975 food stores under several banners, including Metro, Metro Plus, Super C and Food Basics, as well as 645 drugstores.

APAC duty-free market expected to grow fastest, fueled by rising income levels and international travelers

Per latest GlobalData estimates, the global duty-free market retailing market was valued at $49 billion in 2022, its highest level ever as it bounced back from the pandemic impact, and is expected to grow at a CAGR of more than 28% during the period 2020-2026, driven by government initiatives, rising passenger numbers, major global events (for instance global sporting tournaments) and the renewed popularity of cruise trips. Infrastructure investments will also play an important role, particularly airport expansion and space refurbishment, and investments in arrivals duty-free formats.

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