Walmart Canada announced that it has completed the acquisition from Target Canada of leases for 39 store locations currently occupied by Zellers. Walmart also announced the locations acquired. It is anticipated that these locations will open as Walmart stores in late 2012. Walmart expects this announcement will create more than 5,000 construction, trade and store jobs and will represent a significant investment in Canadian communities.
The new Walmart stores are expected to open in late 2012 and will be a mix of discount stores, which offer general merchandise and a broad selection of pantry foods, and supercentres, which offer general merchandise as well as a full selection of groceries under one roof.
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