TORONTO - Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores.

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Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores. The retailer says ...

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Walmart Canada has announced plans to invest $6.5 billion over the next five years to build dozens of new stores.

As part of the initiative, the retailer plans to open a distribution center in the spring and five supercenters by 2027.

Walmart Canada said on Thursday it is investing about C$6.5 billion ($4.51 billion) to build new stores and expand its supply chain, marking its biggest ever investment since opening its first store ...