Walmart Canada will make its largest annual investment in store upgrades in 2021, spending $500 million to refurbish and refresh more than 60% of its stores.
It’s also readying its first automated market fulfillment center.
The store upgrades, which are designed to boost customer experience and modernize operations, are the next step in Walmart Canada’s $3.5 billion, five-year investment plan announced last summer. As part of that framework, the retailer is powering its e-commerce experiences and creating 150 “stores of the future.”
“We are on a mission to modernize all aspects of our business and that includes our stores,” said Horacio Barbeito, Walmart Canada president and CEO. “Investing in our stores is a major priority. In so many cases our stores are pillars in the community, and we want them at their best — especially as we serve our customers in more omnichannel ways.”RIS News