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Walmart Canada has announced that it is making a $3.5 billion investment over the next five years. This investment will look to generate growth as well as make the online and in-store shopping experience easier for customers. According to the press release, it will affect each aspect of the business. It will lead to a faster e-commerce website, two new distribution centers that will speed up the product flow, reinvented stores, an enhanced Omni-experience, and modern digital tools so associates can better serve its customers.
“Millions of customers choose to shop with us in-store and online every day – and that’s a tremendous honor,” said Horacio Barbeito, President and CEO, Walmart Canada, in a Walmart press release. “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.”
The news release, which shows the full investment information, can be read here, highlights four specific aspects this investment will bring, which includes:
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