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Walmart Invests $3.5B in Canadian Stores & Online Commerce

Walmart Canada announced a $3.5 billion investment aimed at enhancing its online commerce and stores. The investment includes plans to open two new distribution centres in the Greater Toronto Area and Surrey, B.C.. Walmart Canada will also be renovating 150 of its 400 stores in Canada over the next five years.

In addition to the new commercial infrastructure, Walmart plans to further reduce direct contact within brick and mortar stores using self-checkout and mobile payment technology that lets employees check out customers anywhere in the store. It also aims to speed up its online shopping experience by expanding full pickup service to 270 stores by the end of the year.

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