Walmart Canada to spend C$3.5 billion on ecommerce push

• The worlds largest retailer will spend the money over the next 5 years as it aims to strengthen its ecommerce business
• The company has seen a massive surge in demand for its online services. Due to the pandemic, many shoppers are still extremely cautious at returning to stores
• Part of the investment will also see C$1.1 billion spent on building 2 brand new distribution centres, creating hundreds of supply-chain and construction jobs across Canada

Source : https://www.reuters.com/article/us-walmart-investmnet-canada/walmart-canada-to-spend-c3-5-billion-on-e-commerce-push-store-renovations-idUSKCN24L1FT