Subsidiary | |
Industry | Retail |
Predecessor | Woolco Canada |
Founded | March 17, 1994 |
Headquarters | Mississauga, Ontario |
Number of locations
|
410 (330 Supercentres, 80 Discount stores) |
Key people
|
Lee Tappenden, President and CEO |
Products | Electronics, Movies, Video Games and Music, Home and Furniture, Home Improvement, Clothing, Footwear, Jewelry, Shoes, Toys, Health and Beauty, Pet Supplies, Sporting Goods and Fitness, Auto, Photofinishing, Craft supplies, Party supplies, Grocery, Fresh foods. |
Revenue | Undisclosed |
Undisclosed | |
Number of employees
|
89,358 (*as of June, 2015) |
Parent | Walmart (1994–present) |
Website | www |
Walmart Canada Corp. is the Canadian division of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994 with the purchase of the Woolco Canada chain from the F. W. Woolworth Company.
Originally consisting of discount stores, Walmart Canada's contemporaries include Hart Stores, and Giant Tiger. It also competes in many areas with Canadian Tire and Sears Canada. Walmart Canada's six Sam's Club stores (2006-2009, only in Ontario) competed with warehouse club Costco and hypermarket Real Canadian Superstore. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Metro, Sobeys, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others. Walmart Canada grand opened 15 supercentres in January 2016, completing its expansion plan for the company's fiscal year, ending January 31, 2016. As of January 31, 2017, Walmart Canada's total store count is 410 stores, including 330 supercentres and 80 discount stores.
Wal-Mart Canada was established in 1994 through the acquisition by Wal-Mart Stores Inc. of 122 Canadian leases of Woolco, a troubled subsidiary of Woolworth Canada. The same year, these Woolco stores were renovated and converted into the Walmart banner. Wal-Mart did not acquire 22 other Woolco stores that were either unionized or had downtown locations. Some former Woolco stores were sold and re-opened as Zellers stores.