🏬 Major Investment
Walmart Canada is investing $4.5 billion to expand its presence. This is the largest investment since it entered Canada nearly 30 years ago. The plan includes building dozens of new stores nationwide. Five new supercenters will open in Ontario and Alberta by 2027. Two are set to open this year. WALMARTCANADA.CA
📦 Supply Chain Expansion
The company will open a new distribution center in Vaughan, Ontario, this spring. This facility will be Walmart Canada's most advanced. It aims to enhance product availability and delivery speed. WALMARTCANADA.CA
🤝 Partnership with Canada Cartage
Walmart Canada has sold its fleet business to Canada Cartage. This move allows Walmart to focus on its core retail operations. The terms of the deal were not disclosed. WALMARTCANADA.CA
👥 Leadership Changes
Venessa Yates has been appointed as the new CEO of Walmart Canada. She was previously the senior vice president and general manager of Walmart+. She succeeds Gonzalo Gebara, who is leaving after 25 years. SUPERMARKETNEWS.COM
How do you think Walmart's investment will impact Canadian retail?
