Two experts say that Walmart is launching this to attract credit card weary Gen Z customers who have limited cash flow, with potential concern for all customers.Â
The mega retailer will occupy much of Kingsway’s former Sears space. The opening will coincide with the closure of a Walmart store at the struggling Westmount Centre nearby.
The mega retailer will add MediSpa services to its Canadian stores including botox, laser therapy, anti-aging, face and body skin tightening, PRP therapies, hair loss and joint pain.
A recent survey by Field Agent Canada shows that Canadians value the extensive efforts made by retailers to keep the food supply chain safe and plentiful.
The value-priced company is the latest international retailer to expand into Canada by opening stores, and it could add considerable competition to an already crowded market.
The unique retail space, with elements to be rolled-out across Canada, integrates e-commerce, third-party licensed partner stores, and new ‘Fast Lane’ technology that will allow customers to check out on mobile devices for the first time.
Walmart has announced that two stores will close while at the same time it announces renovations to 31 stores to create an ‘elevated experience’, resulting in 3,250 construction jobs.
A quarter century ago this week, the US-based retail behemoth entered Canada by acquiring the Woolco chain of department stores. Amid some controversy, the retailer helped transform Canadian retailing.