On Monday, March 15, the announcement was made that Walmart is closing 6 stores in Canada while investing $500 million into renovations on remaining locations.
According to the press release, the huge investment will be used to upgrade and update stores in select communities across Canada.
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Which Walmarts are closing in Canada?
While Walmart Canada is pouring millions of dollars into enhancing many of their stores from coast to coast, they will be closing down six locations across the country.
Three stores in Ontario will be shuttered, including Malton, Hamilton (County Fair), and Kitchener East.
The locations in Alberta that will be closed are the Calgary (Deer Valley) and Edmonton (Abbotsfield) stores.
Finally, we'll also be saying goodbye to the St. John's South Walmart in Newfoundland.
What will the renovations look like?
The renovations are slated to create more than 2,000 construction jobs for Canadians.
The updates will include revamped lighting, new paint and refreshed exteriors. You will also see new signage and there will be enhanced associate lounges for the staff.
Some stores will also get a new layout and an improved experience for Walmart customers who order online.
Overall, 60% of Canada's Walmarts will be getting improvements.
New Walmart Supercentres
Finally, two of Canada's Walmart stores will be converted into Supercenters.
These new Supercenters will be at the Calgary Northland Walmart and the Kitchener Walmart.
According to the press release, they "will feature an impressive assortment of fresh groceries, general merchandise, and convenient services available at Walmart's low prices every day."