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Walmart Canada announced today that it plans to complete at least 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.
"Our associates across the country have done an incredible job this past year serving our customers and opening a record number of new stores and supercentres," said Shelley Broader, president and CEO of Walmart Canada. "This year, we are ramping up our focus on lowering prices and helping customers lower their cost of living, as we continue to bring our supercentre format to more Canadians."
The company will also introduce the supercentre format to locations in the Maritimes this year.
"We're truly delighted to be adding a full grocery section to more locations across the country, including the opening of our first supercentres in the Maritimes," said Ms. Broader. "We look forward to helping our customers coast-to-coast save money on groceries as well as their general merchandise purchases."
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.