Walmart Canada plans to complete 35 supercenter projects throughout the company’s 2014 fiscal year, through January 31, 2015. The retailer also will expand its distribution network and online store.
In total, the projects will cost approximately $500 million over the next 12 months, according to a company press release. The investments will include more than $376 million for store projects; $91 million for distribution network projects designed to grow the company’s fresh food capability; and $31 million for e-Commerce projects. The combined expansion is expected to generate more than 7,500 jobs during the next year.
By January 2015, the expansion will bring the store count to 395, including 282 supercenters and 113 discount stores. Locations for specific store and distribution center projects will be announced as specific project plans are finalized.
“Customers in every region of Canada are looking to save money on their entire list of shopping needs,” said Shelley Broader, Walmart Canada’s president and CEO. “Delivering on our commitment to help lower the cost of living is our top priority, and our growing network of supercentres and our expanding walmart.ca offering enable us to do just that.”