Walmart to spend $330 million on store renovations in 2022

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Walmart to spend $330 million on store renovations in 2022
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The renovations will allow the retailer to expand its product assortment, while integrating more spaces within the store for online orders From alicjawithaj

Walmart says it will spend $330 million renovating 80 stores across the country this year.

Walmart Canada announced on Tuesday that it will spend $1 billion on major infrastructure projects in 2022, including on store renovations and the construction of a new $100 million fulfilment centre outside of Montreal. The investments are part ofto expand e-commerce capacity, build new distribution centres and update stores to become"smarter stores."

The store renovations will allow the retailer to expand its product assortment, while integrating more spaces within the store for online orders, a key area of focus for Walmart since the COVID-19 pandemic pushed many of its customers online. The company will also replace legacy systems with new technology, part of its push to create"smarter stores." There will also be aesthetic upgrades, including fresh paint, new signage and additional LED lighting in key departments.

"Quebecers will see refreshed stores, faster service and more options available in-store and online," Walmart Canada's regional vice-president for Quebec Cyrille Ballereau said in a statement.

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