 | |
| Walmart | |
| Company type | Subsidiary |
| Industry | Retail / Discount retail store |
| Predecessor | |
| Founded | March 17, 1994[1] |
| Headquarters | Mississauga, Ontario and Edmonton, Alberta |
Number of locations | 403 (344 supercentres, 59 discount stores)[2] |
Key people | Gonzalo Gebara, President and CEO[3] |
Number of employees | 90,000 (approximately as of June 2020)[4] |
| Parent | Walmart |
| Website | walmart.ca |
Walmart Canada is a Canadian retail corporation, discount retailer and the Canadian subsidiary of the U.S.-based multinational retail conglomerate Walmart. 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, many of Walmart Canada's contemporaries and competitors include Giant Tiger, Home Hardware, Canadian Tire, Mark's, Sport Chek, GameStop, Dollarama, Winners, HomeSense, Rossy, Staples Canada, Michaels, Pet Valu, the Great Canadian Dollar Store, Dollar Tree, and Hart Stores. 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, Real Atlantic Superstore, Your Independent Grocer, No Frills, Metro, Sobeys, Foodland, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others. Walmart is the second largest retailer in Canada by revenue.
As of October 31, 2022, Walmart Canada has 403 stores operating, including 344 supercentres and 59 discount stores in almost every province and territory except for Nunavut.[2][5] Walmart Canada's principal developer and landlord is SmartCentres;[6] other significant landlords include Riocan and First Capital Realty.
It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada.[7]
- ^ "Walmart celebrates 20 years in Canada". CTV.ca. March 17, 2014. Archived from the original on October 23, 2016. Retrieved March 17, 2014.
- ^ a b "Walmart Investor Relations - Financials Investor Relations > Financials". stock.walmart.com. Retrieved 2022-11-15.
- ^ Corp, Walmart Canada. "Gonzalo Gebara Appointed as President and CEO of Walmart Canada". www.newswire.ca.
- ^ "Canada". Corporate - US.
- ^ "Stores Near Me | Walmart Canada". www.walmart.ca.
- ^ "Once ignored, REIT now a major player". The Globe and Mail. 2004-12-07. Retrieved 2018-01-18.
- ^ Harris, Sophia (28 November 2021). "Attention shoppers: Overcharged for an item at checkout? You might be able to get it for free". CBC News. Retrieved 28 November 2021.