MAXI closes 2 stores and reaches tentative agreements in remaining 10 stores



    MONTREAL, Feb. 17 /CNW Telbec/ - Maxi announced today that it will close
two stores included in the labour dispute involving 12 Maxi stores in Quebec
since October 22, 2008. The financial situation of the two impacted stores was
precarious prior to the work stoppage. The Company thoroughly evaluated the
economic impact of the labour dispute on the long-term viability of these
stores and determined that their operations could no longer be sustained.
These closures, which will be effective as of mid-April 2009, involve the
following stores: Maxi Charlesbourg, located at 14,000, du Jardin blvd., and
Maxi Ste-Anne-de-Beaupré, located at 10,516, place Ste-Anne. The employees
impacted by this decision were informed today. The company will do everything
in its power to minimize the impact of this decision on its colleagues, and
provide them with the appropriate support.
    Concurrently, a tentative agreement was reached on Febraury 16th in
conciliation meetings between Maxi representatives and UFCW, local 503 (United
Food and Commercial Workers). This agreement involves the remaining 10 Maxi
stores also involved in the same labour dispute: Charlesbourg (350, Bouvier
street, Lebourgneuf), Fleur de Lys (552, Wilfrid-Hamel blvd.), Les Saules
(5150, de l'Ormière blvd.), St-Romuald (940, du Sault dr.), Montmagny (101,
Taché West), Rimouski (419, Jessop blvd.), Sept-Iles (1005, Laure blvd.),
Cap-de-la-Madeleine (320, Barkoff street), Trois-Rivières (5875, Jean XXIII
blvd.) and Shawinigan (1643, d'Youville blvd.).
    The union recommends the acceptance of this agreement and will hold
ratification meetings in each store listed above over the next few weeks. The
Maxi team is confident that the colleagues in each store will accept the
tentative agreement by a majority vote. Maxi representatives wish to apologize
to its customers and the local communities for any inconvenience caused by
this labour dispute and is looking forward to serving them again in the near
future.

    The Maxi banner has over 90 stores located across the Province of Quebec.
It is operated by Provigo, a member of the Loblaw group, Canada's largest food
retailer. Provigo and its franchised and affiliated merchants operate more
than 350 stores providing employment to more than 30,000 people in Québec.




For further information:

For further information: Josée Bédard, Senior director, Corporate
Affairs, Provigo, member of the Loblaw Group, (514) 383-8800 poste 6142,
1-800-361-1168 poste 6142

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Provigo, membre du groupe Loblaw

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MAXI

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