Wal-Mart continues Canadian expansion ahead of Target launch
Chain will have added 73 locations within a year by the end of January
The Canadian Press
Posted: Jan 22, 2013 10:44 AM ET
Last Updated: Jan 22, 2013 10:00 AM ET
Wal-Mart has agressively expanded in anticipation of rival Target soon launching in Canada. (Geoff Howe/Canadian Press)
Walmart Canada will continue to expand its presence over the next year, which will mark the arrival of its main U.S. rival — Target.
Walmart plans to complete at least 36 additional supercentre projects by the end of next January — bringing the total number of locations by then to 388.
The U.S.-based discount retailer also announced Tuesday it plans to expand the company's distribution network to support its Canadian growth.
Like many retailers, Walmart will face new competition this year when Target opens its first Canadian stores in locations formerly occupied by Zellers.
Walmart has been in Canada since the early 1990s and will have 379 stores by the end of January, including nine to have their openings on Friday.
There will also be two Walmart openings on Jan. 31, bringing the total number of Canadian locations added over the past year to 73.
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