MISSISSAUGA, ON, June 24, 2011 /CNW/ - Walmart Canada announced today
that it has entered into an agreement with Target Canada to assume the
leasehold interests in up to 39 sites currently operated by Zellers
Inc. Specific locations will be identified later this fall. Terms of
this transaction were not disclosed.
Established in 1994 and headquartered in Mississauga Ontario, Walmart
Canada operates 325 stores and serves more than 1 million customers
each day. Walmart is Canada's third-largest employer with 85,000
associates, and is recognized by Waterstone Human Capital as having one
of Canada's top 10 corporate cultures. Since 1994, Walmart raised and
donated over $125 million to Canadian charities and not-for-profit
SOURCE WAL-MART CANADA CORP.
For further information:
Susan Schutta, Director of Corporate Affairs, Walmart Canada at 905-821-2111, x78012
Carol Schumacher, Vice President of Investor Relations, Wal-Mart Stores, Inc., at 479-277-1498