Walmart Canada to invest over CUS$500 million on store upgrades
Walmart Canada said on Monday it plans to invest more than CUS$500 million (US$400.06 million) this year to refurbish its stores.
16 Mar 2021 12:10AMShare this contentBookmarkREUTERS: It would be the largest yearly investment in store upgrades, with more than 60per cent of outlets benefiting from the plan, the Canadian arm of the world's largest retailer said.AdvertisementAdvertisement
In July, Walmart Canada announced plans to spend CUS$3.5 billion over the next five years to strengthen its e-commerce business and renovate stores.Walmart Canada said on Monday the plan was expected to create more than 2,000 construction jobs in the country.
(US$1=1.2498 Canadian dollars)(Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta) Read more: CNA »
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Walmart Canada to invest over C$500 million on store upgradesWalmart Canada said on Monday it plans to invest more than CUS$500 million (US$400.06 million) this year to refurbish its stores.
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