• Kelowna's Homepage
  • Vernon's Homepage
30256
29021

Canada  

Wal-Mart to expand Canadian stores

Wal-Mart plans to complete 35 Canadian supercentre projects as part of nearly $500 million in planned investments over the next year.

The discount retailer says it will invest more than $376 million to build, expand, relocate or remodel its stores.

It will also spend $31 million for e-commerce projects and $91 million to enhance in its distribution network to handle more fresh food.

Details on locations for specific store and distribution centre projects will be announced as they become finalized.

Wal-Mart Canada says its initiatives will generate about 7,500 jobs over the next year, including construction work.

The company currently has 389 stores, including 247 supercentres that carry a combination of groceries, apparel, and household goods.

It expects to have a total of 395 stores by the end of January 2015, with 282 super centres and 113 discount stores.

COMMENTS WELCOME

Comments on this story are pre-moderated to ensure they meet our submission guidelines. Approval times will vary. Keep it clean, keep it civil, and stay on topic. Comments remain open for one day after a story is published. If you see a comment that you feel is inappropriate, please use the ‘flag’ feature. Comments appearing here are the opinions of the comment writer, not of Castanet.



More Canada News

Canada
30052
Parliament Hill Webcam
27500
Recent Trending
29338
Member of the RTNDA