Walmart Canada to open 40 supercenters
Walmart Canada plans to invest $500 million to add 40 new supercentres, expanding the company’s presence into Manitoba and Quebec, reports Tire Review. The new stores, which will carry groceries and general merchandise, including tyres and automotive service, will be the result of a combination of renovations of existing stores, relocations and the construction of new stores. Details about the stores’ specific locations have not been released.
Wal-Mart opened its first supercentre in Ontario in 2006. Currently, the company has about 325 stores in Canada, 124 of which are supercentres. The expansion could result in as many as 9,200 jobs in retail and construction, according to Walmart.