Canadian division of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, walmart credit card application pdf with the purchase of the Woolco Canada chain from the F. Originally consisting of discount stores, Walmart Canada’s contemporaries include Hart Stores, and Giant Tiger.
It also competes in many areas with Home Hardware, Canadian Tire and Dollarama. 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 held grand openings of 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 count is 410 stores, including 330 supercentres and 80 discount stores in every province and territory except for Nunavut. Walmart Canada was established in 1994 through the acquisition by Walmart 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. All 16,000 former employees of the Woolco stores that Walmart acquired were retained, retrained, and given a five percent raise. Mario Pilozzi, a senior vice-president at Woolco when the deal was signed, eventually became CEO of Walmart Canada.
Pilozzi, who retired in 2008, has proclaimed that he and “his management team took a limping chain and turned it into the Walmart powerhouse that became a game-changer on the Canadian business scene. Retailers changed, Canadian manufactures faced demands and volumes they had not seen before, real estate transitioned from enclosed malls to big-box plazas”. Reflecting on the 1994 deal in 2013, a Walmart Canada spokesman was quoted as saying “Even though Woolco had seen better days and was struggling, there was still an enormous amount of talent in that company. Beginning in the fall of 2006, Walmart opened new Supercentres in Canadian cities.
Walmart Canada also operated Sam’s Club stores in Ontario from 2003 to 2009. On February 26, 2009, they announced that it would close all six of its Canadian Sam’s Club locations. Sam’s Club also rebranded two unopened locations as new Walmart Supercentres. From originally taking over much of the Woolco chain, Walmart Canada has expanded and opened new stores.
It grew to 260 stores by 2005, making it Canada’s second-largest retail chain. A Supercentre in Vaughan, ON in January 2008.
In 2011, Walmart Canada acquired the leases of 39 Zellers stores from Target, originally one of the 189 leaseholds purchased from Hudson’s Bay Company and slated for conversion to Target Canada stores. Walmart Canada managed to convert and reopen some of the former Zellers stores before Target Canada’s launch. Unlike Walmart’s 1994 move into Canada, Walmart Canada this time did not guarantee the jobs of the employees whose stores it was acquiring. In addition to the 11 Walmart Supercentres that opened across Canada in January 2015, Walmart Canada plans to complete another 29 Supercentres by the end of this year.
On May 8, 2015, following the bankruptcy of Target Canada, Walmart Canada announced its intent to acquire thirteen former Target locations, along with its distribution centre in Cornwall, Ontario subject to court approval. These locations include an unopened location at the Bayshore Shopping Centre in Ottawa. With the success of both Walmart in Canada and Walmart Supercenters in the United States, it was announced in late 2005 that the Supercentre concept would be arriving in Canada. On November 8, 2006, Canada’s first three Supercentres opened in Hamilton, London, and Stouffville in Ontario.
Alberta became the second province with Supercentres in September 2008. Price Club location, which moved to a new larger site nearby in Burnaby. Walmart Supercentres stock everything a Walmart Discount Store does, but also include a full-service supermarket, including meat and poultry, baked goods, delicatessen, frozen foods, dairy products, garden produce, and fresh seafood.
Walmart Canada Bank launched its application for banking licence in 2008 to compete with similar stores in Canada such as Loblaw. On July 24, 2009, Walmart Canada Bank was incorporated under the Bank Act in Canada. They carry general merchandise and a selection of dried goods. Walmart Discount Stores carry limited grocery items, which are limited mostly to dried goods.