Walmart Canada to Invest C$3.5 Billion in Customer Experience

   By Matt Grossman

Walmart Canada, the Canadian division of Walmart Inc., will invest $3.5 billion Canadian dollars in customer-experience improvements, the company said Monday.

The investment, planned over the next five years, includes e-commerce development, re-invented stores and two new distribution centers.

Over the next three years, Walmart Canada will renovate more than 150 stores, representing more than a third of its network, the company said. The renovated stores will have digital improvements such as mobile checkout and computer monitoring of inventory volumes on shelves, Walmart said.

About C$1.1 billion of the investment will fund the construction of two new distribution centers--in Vaughn, Ontario, and Surrey, British Columbia.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

July 20, 2020 06:34 ET (10:34 GMT)

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