Walmart Canada named to Canada's 10 Most Admired Corporate Cultures of 2012

Walmart Canada named to Canada's 10 Most Admired Corporate Cultures of 2012 
MISSISSAUGA, ON, Nov. 29, 2012 /CNW/ - Walmart Canada's corporate culture has 
been ranked among the 10 most admired corporate cultures in Canada by 
Waterstone Human Capital Inc., an executive search and human capital 
consulting firm that has been running the Canada's 10 Most Admired Corporate 
Cultures program since 2005. Walmart Canada is the largest employer and the 
only grocery and general merchandise retailer on the list. 
"We are very proud to be recognized as having one of the country's top 
corporate cultures," said Shelley Broader, President and CEO of Walmart 
Canada. "This recognition truly belongs to our 90,000 associates. As Canada's 
fastest growing retailer, we make a concerted effort to hire for cultural fit 
because we believe when you have the right people, you can accomplish almost 
Walmart Canada's culture is based on three basic beliefs—respect for the 
individual, service to our customers, and striving for excellence—which 
provide the foundation for the company's inclusive work environment, training 
and education programs and focus on developing talent within the corporation. 
Walmart has one of the lowest staff turnover rates in the Canadian retail 
industry. The company is committed to developing talent from within—in 2011, 
over 5,000 associates were promoted, and 70% of current store managers have 
been promoted from within Walmart Canada's store network. 
"Together, our people and culture represent Walmart's biggest competitive 
advantage," Broader added. "A culture can only be fostered if people truly 
believe in it, and our culture is strong because Walmart Canada associates 
live our values every day, with each other and with our customers." 
Companies were selected based on five criteria: vision and leadership; 
cultural alignment; measurement and sustainability; rewards, recognition and 
innovative business achievement; corporate performance and corporate social 
"Congratulations to Walmart Canada for being one of Canada's 10 of 2012," said 
Marty Parker, the chairman and CEO of Waterstone Human Capital and the chair 
of the Canada's 10 program. "Our board felt that the leadership team at 
Walmart does a great job at empowering their associates to believe anything is 
possible, and they back up this strategy by providing robust training and 
development. Combine this with their steady growth and we can see why Walmart 
impressed our board members, demonstrating the key link between culture and 
its impact on performance." 
About Waterstone Human Capital:
As one of Canada's leading retained executive search firms specializing in 
recruiting for fit and in cultural assessment, Waterstone's search partners 
are experts at assessing and articulating organizational culture. Helping 
clients find and keep great people is what Waterstone does best - great people 
that 'fit' the culture, and who ultimately drive organizational performance. Follow us at @waterstonehc 
About Walmart Canada
Walmart Canada operates a growing chain of more than 372 locations nationwide 
serving more than one million customers each day. Its flagship online store,, serves over 250,000 customers per day with online shopping and 
free shipping on 1,000s of items. With over 90,000 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, and at 
Susan Schutta, Corporate Affairs, Walmart Canada. 905-821-2111, ext.  78012 
Jennifer Mondoux, Waterstone Human Capital. 416-408-4545, ext. 273 
SOURCE: Walmart Canada 
To view this news release in HTML formatting, please use the following URL: 
CO: Walmart Canada
ST: Ontario
-0- Nov/29/2012 15:16 GMT
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