Wal-Mart Plans $500M Canadian Expansion
Wal-Mart plans to open up to 40 new stores in Canada, creating about 6,500 jobs.
MISSISSAUGA, Ontario (
) --
Wal-Mart
(WMT) - Get Report
plans on opening 35 to 40 super-center stores in Canada this year, creating up to 6,500 new jobs.
The expansion will cost the discounter up to $500 million, and will bring Wal-Mart's total store count in Canada to 325.
-- Reported by Jeanine Poggi in New York.
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