Walmart Canada is throwing half a billion dollars at expanding hundreds of locations into “supercentres” this year that offer a full complement of groceries on top of the thousands of products it already sells.
And the expansion is going to plan.
The world’s largest retailer said Thursday it continues to steal business from the likes of Loblaw, Metro, Sobeys and newcomer Target.
Sales across its more than 380 Canadian locations jumped nearly three per cent in the three months up to June 30, despite the fact that the chain saw a dip of 1.1 per cent in the number of people walking through the door.
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