logo



Walmart Canada to Spend C$3.5 Billion for E-Commerce Push


Retail

Walmart Canada to Spend C$3.5 Billion for E-Commerce Push

Walmart Canada has announced that it will be spending about C$3.5 billion over the next few years to augment the growth of its e-commerce business. The investment aims to affect the e-commerce experience in a big way as the company has plans of establishing two new distribution centers, more smart stores, and working on enhancing their Omni experience.

The investment will also fund the renovation of over 150 stores over the next three years and create hundreds of construction jobs in Canada. This investment comes as a follow-up to $1 billion invested to remodel and open new stores over the next 5 years. The upgraded Walmart stores in the country will come equipped with shelf scanners, robotics, and computer vision. Also, the company is looking to introduce a new checkout experience for its customers with options like tap-to-pay, bigger self-checkout, and “Check Out With Me” mobile payment technology.

Walmart is also expanding its “Walmart Pickup” offering to around 270 stores by the end of 2020. It will also pilot hybrid locations to increase the speed of fulfillment for pickup and delivery.

Horacio Barbeito, President and CEO, Walmart Canada said, “Today's significant investment will position us for future growth and make Walmart Canada even better for our associates and our customers. 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.”


Business News


Recommended News