Retailer to create more than 9,200 new store, trade and construction
MISSISSAUGA, ON, Jan. 26 /CNW/ - Today Walmart Canada announced that it
plans to open 40 supercentres in the company's next fiscal year, which
runs from February 1, 2011 to January 31, 2012. The projects, which
will include building new stores and expanding, remodelling or
relocating existing stores, will represent an investment of more than
half a billion dollars in Canadian communities. The supercentres are
expected to generate more than 9,200 store and construction jobs.
Specific store locations will be announced over the coming weeks and
Walmart also confirmed today that it is bringing the supercentre program
to two new provinces in 2011—Manitoba and Quebec. Walmart Canada's
supercentre format, which was first launched in Ontario in 2006 and is
available in Alberta, British Columbia and Saskatchewan, provides a
full range of groceries and general merchandise under one roof.
Commenting on today's announcement, David Cheesewright, President and
CEO of Walmart Canada, said: "Walmart supercentres offer Canadians the
widest assortment of products under one roof in the marketplace. Our
customers consistently tell us that they are looking for convenience
and everyday low prices. Walmart Canada delivers both."
As of December 31, Walmart Canada had 323 stores, including 119
Supercentres. By January 31, 2011, Walmart Canada's store count will
be 325—of which 124 will be supercentres. Today's announcement is
expected to bring the company's store count to 333 stores by the end of
January, 2012, including 164 supercentres and 169 discount stores.
Established in 1994 and headquartered in Mississauga Ontario, Walmart
Canada operates 323 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, x8012
Alex Roberton, Director of Corporate Affairs, Quebec, Walmart Canada at 514-347-4923
Carol Schumacher, Vice President of Investor Relations, Wal-Mart Stores, Inc., at 479-277-1498