Retailer will invest $450 million for supercentre and distribution
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
First supercentres in Maritmes to open this fiscal year
MISSISSAUGA, ON, Jan. 22, 2013 /CNW/ - Today 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
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.
"Our associates across the country have done an incredible job this past
year serving our customers and opening a record number of new stores
and supercentres," said Shelley Broader, president and CEO of Walmart
Canada. "This year, we are ramping up our focus on lowering prices and
helping customers lower their cost of living, as we continue to bring
our supercentre format to more Canadians."
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.
"We're truly delighted to be adding a full grocery section to more
locations across the country, including the opening of our first
supercentres in the Maritimes," said Ms. Broader. "We look forward to
helping our customers coast-to-coast save money on groceries as well as
their general merchandise purchases."
The locations for specific store and distribution centre projects will
be announced as the details for each project are finalized.
As of January 31, 2013, Walmart Canada will have 379 stores, including
209 supercentres. Today's announcement is expected to bring the
company's store count to 388 by the end of January, 2014. The retailer
will grand open nine supercentres this Friday, January 25. The final
two stores included with the 73 store projects planned for the current
fiscal year will grand open on January 31. Today's announcement is a
continuation of the growth rate of 35 to 40 supercentre projects in
Canada for the past several years. FY13 was an exceptional year due to
the addition of 73 projects which included 39 former Zellers locations.
About Walmart Canada
Walmart Canada operates a growing chain of more than 375 locations
nationwide serving more than one million customers each day, as well as
its flagship online store, www.walmart.ca, which is visited by over 250,000 Canadians daily. With over 94,000
associates, Walmart Canada is one of Canada's largest employers and is
recognized by Waterstone Human Capital as having one of Canada's top 10
corporate cultures. Walmart Canada is focused on helping Canadian
families in need. Since 1994, Walmart has donated and raised more than
$160 million to Canadian charities and not-for-profit organizations.
Additional company information can be found at walmartcanada.ca, facebook.com/walmartcanada and at ="http://twitter.com/@walmartcanada" target="_blank">twitter.com/@walmartcanada.
SOURCE: Walmart Canada
For further information:
Susan Schutta, Senior Director of Corporate Affairs, Walmart Canada at 905-821-2111 ext. 78012
Carol Schumacher, Vice President of Investor Relations, Wal-Mart Stores, Inc., at 479-277-1498