Walmart to Open 35 to 40 New Super Centers in Canada
Business Weekreports that Walmart plans to open 35 to 40 new supercenters in Canada this year.
The expansion will bring Wal-Mart's presence in Canada to as many as 325 stores by the year's end from the current 317 stores. Wal-Mart closed six Canadian Sam’s Club warehouse stores in March to focus on the supercenter format, Andrew Pelletier, a spokesman, said today by telephone. Wal-Mart is also investing C$115 million in a sustainable, refrigerated distribution center in Balzac, Alberta.
The Toronto Starsays the new Walmart supercenters will be at least 10% smaller than previous supercenters. The Canadian Presssays the store openings will create around 6,500 new jobs in Canada.