Unlike Target Stores, retail behemoth Wal-Mart is not backing down on efforts to grow market share north of the border. Walmart Canada will open 11 new supercenters this month as its fiscal 2015 comes to an end Jan. 31.
These completed real estate projects bring Walmart Canada's total store count to 394 stores, including 280 supercenters and 114 discount stores.
These stores are part of the 35 supercenter projects this year. The projects include building new stores and expanding, remodeling or relocating existing stores. Including investments in its distribution network and e-commerce, the projects represent an investment of more than $500 million in the Canadian economy.
Walmart Canada said it serves more than one million customers each day through its 394 stores. Walmart Canada’s online business is visited by 400,000 Canadians daily.