-- Retailer will invest $450 million for supercentre and
distribution centre projects
-- 37 supercentre projects will add 1.4 million square feet of
-- 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 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.
"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
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
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 twitter.com/@walmartcanada.
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
SOURCE: Walmart Canada
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-0- Jan/22/2013 11:00 GMT
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