Walmart Canada plans to complete more than 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.
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