Subscribe Register Login

Friday, December 19, 2014, 3 p.m.
Top Picks - Arkansas Daily Deal

Wal-Mart spends $453 million in Canada amid Target competition

By Bloomberg News

This article was originally published January 22, 2013 at 7:37 a.m. Updated January 22, 2013 at 8:01 a.m.

Wal-Mart Stores Inc., the world’s largest retailer, said its Canadian division plans to spend at least $453 million building new outlets and renovating existing stores.

The unit will complete at least 37 superstores in the year through January 2014, and will increase its distribution network, the Bentonville-based company said Tuesday in an online statement.

Wal-Mart is bolstering its presence in Canada and working to attract and retain customers as Target expands outside the U.S. for the first time. Walmart Canada expects to end the month with 379 locations, including 209 superstores, while Target plans to open 125 sites in Canada this year.

Full grocery sections will be added to more locations across Canada, Shelley Broader, chief executive officer of Walmart Canada, said in the statement. The company also will introduce its supercenter format to locations in Canada’s Maritimes provinces this year.

Comments on: Wal-Mart spends $453 million in Canada amid Target competition

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Service tech/install

    er Garage Door Fixer is looking for a "er . Diagnose and rep...
    LITTLE ROCK, AR

  • Cdl- a

    awesome opportunities!!!Relays 5 days out2 days homeLocal ru...
    LITTLE ROCK, AR

  • Otr drivers

    drivers - otr. Miles! Paid Loaded/Empty on Practical. New Vo...
    LITTLE ROCK, AR

  • Therapist

    vantage point of northwest arkansas Is seeking qualified app...
    SPRINGDALE, AR

  • Probation officer

    united states probationpretrial internship Job Announcement ...
    LITTLE ROCK, AR

Search 728 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online