Walmart Canada said on Monday it plans to invest more than C$500 million ($400.06 million) this year to refurbish its stores.
It would be the largest yearly investment in store upgrades, with more than 60% of outlets benefiting from the plan, the Canadian arm of the world’s largest retailer said.
In July, Walmart Canada announced plans to spend C$3.5 billion over the next five years to strengthen its e-commerce business and renovate stores.
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