Walmart Canada says it will spend $3.5 billion over the next five years to help improve the shopping experience.
The retail giant announced Monday it plans to renovate more than 150 of its more than 400 stores and build two new distribution centres.
The company said it will also expand its “Walmart Pickup” service to 70 per cent of its stores by year’s end.
Walmart also plans to invest in a new mobile payment technology to allow staff to checkout customers anywhere in the store.
“Today’s significant investment will position us for future growth and make Walmart Canada even better for our associates and our customers,” said Horacio Barbeito, president and CEO, in a statement.
“We are doubling down on our focus on the customer experience – not just to keep up but to lead and to be the very best in Canada.”
The company said the investment will also create hundreds of Canadian construction jobs and forge new partnerships with Canadian technology companies.
