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Walmart Canada announce €3.5bn upgrade scheme

In the next three years the business will renovate more than 150 stores, which is more than a third of its store network.

The move comes as part of a major investment that will reach every aspect of its business. The discount giant is spending the money to make its in-store and online shopping experience simpler, faster and more convenient.

The investment will be spread out during the next five years and lead to re-invented and “smarter” stores, a faster e-commerce experience, two new distribution centres to speed up production flow, an enhanced omni-channel experience and modern digital tools to ensure employees can best serve customers.

“Today’s significant investment will position us for future growth and make Walmart Canada even better for our associates and our customers,” said Horacio Barbeito, President and CEO, Walmart Canada. “We are doubling down on our focus on the customer experience – not just to keep up but to lead and to be the very best in Canada.”

“The retail business is as dynamic as ever and this investment ensures we’re developing a supply chain that is the envy of the world,” said John Bayliss, Senior VP, Logistics and Supply Chain, Walmart Canada. “The better the supply chain, the quicker our customers can get the products they want. This investment will transform our supply chain and create hundreds of Canadian construction jobs along the way.”

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