Walmart is worthy of being called the "King of Retail"! Walmart will spend $1 billion to expand its logistics network and upgrade its stores!

It is learned that according to foreign media reports, Walmart Canada recently announced that it will invest US$1 billion in infrastructure construction to provide better services to customers and accelerate the transformation of the company's business.

The $1 billion investment includes more than $100 million to build a high-tech distribution center near Montreal, Quebec, and $330 million to renovate and update more than 80 stores across Canada, the report said.

Walmart Canada said the investment will continue through 2025 and will bring Walmart customers reinvented and smarter stores, a faster online shopping experience, two new distribution centers, an enhanced omnichannel experience and modernized digital tools.

It is learned that the following are specific measures for Walmart to strengthen investment:

1. Store Update

• Refreshed interior and exterior including new paint and new signage
• Add LED lighting at key locations to enhance the user shopping experience
• Upgraded staff lounge area, including new sofas and other items
• Renovation of the powder room area, including new tile and sustainable features
• Expand product offerings and provide an upgraded look and feel
• Provide sales space for online orders and strengthen omnichannel strategy
• Upgrading old systems, new technologies and applications

2. Strengthen the distribution network

The new distribution center covers an area of ​​approximately 457,000 square feet and will be responsible for processing orders from customers in Quebec and Atlantic Canada. The center will use advanced operating systems and smart, flexible storage capabilities to help employees store, pick and sort items.

The distribution center can store 500,000 items and deliver about 20 million items to customers each year, meeting customers' needs for home delivery and in-store pickup. In addition, Walmart will use environmentally friendly packaging for goods to minimize waste and reduce transportation costs. Walmart expects to create approximately 225 new jobs in the center.

Editor ✎ Nicole/

Disclaimer: This article is copyrighted and may not be reproduced without permission.