Wednesday, January 23, 2013

Walmart Canada Announces Expansion Plans

    In  january 22 Walmart Canada announced that it plans to complete at least 37 supercentre projects in the company’s next fiscal year, which runs from February 1, 2013 to January 31, 2014. The company also announced it will be expanding its distribution network to support its ongoing store growth and expansion plans.
    The distribution centre projects, construction of new stores, and expansion, remodelling or relocation of existing stores represents an investment of more than $450 million in the Canadian economy. These expansion plans are expected to generate more than 7,000 store, trade and construction jobs.

    Retailer will invest $450 million for supercentre and distribution centre projects

   37 supercentre projects will add 1.4 million square feet of retail space

  The projects will create more than 7,000 new store, trade and construction jobs

   First supercentres in Maritmes to open this fiscal year

    Walmart’s supercentres provide Canadians with a one-stop shopping experience. Each stores carries close to 100,000 different products ranging from apparel and home decor to electronics and grocery, plus specialty services such as pharmacies, garden centres, and vision centres. The company will also introduce the supercentre format to locations in the Maritimes this year.

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