Metro Inc. shoppers have not seen the full effects of high fuel prices in their grocery bills yet, the grocery and drugstore retailer says.
On the supplier side, Metro chief financial officer Nicolas Amyot said the company hasn’t received that many price increase requests so far.
“Only a few, actually,” Amyot said in response to a question during a conference call Wednesday after the company delivered its second-quarter financial results.
Amyot said the grocer is “negotiating the conditions and trying to delay the impact that this might have on food pricing.”
However, Metro’s own distribution has already been affected by higher fuel prices….