Walmart expanding big in Canada ... thanks to Target
Last spring was supposed to be Research In Motion’s grand hurrah into the tablet sector.
In May, though it was a bit late to the party already, RIM was finally to unveil its PlayBook, not only the answer to the iPad but rejuvenation for a company that’s BlackBerry market share had started to wane.
Well, what happened? Ahead of the PlayBook’s Apr. 19 release date, Apple swooped in and rushed its iPad 2 to stores by Mar. 11 (Mar. 25 in Canada), completely undercutting the RIM tablet and stamping out any momentum it hoped to build up.
What’s the point? American retailer Target, as you know, is coming to Canada next year after much hullabaloo, so Walmart, of course, is hoping to go all iPad 2 on ‘em.
Walmart’s Canadian unit announced Tuesday it will revamp, remodel or roll out some 4.6 million square feet of retail space in Canada, in the form of renovated stores or altogether new outlets north of the border.
*Bing: Where will the closest Target store be to you?
More than $750 million will be allocated to the ambitious program, Walmart’s biggest expansion plan ever, which will go in large part to converting most of the 39 former Zellers locations Walmart’s purchased – the leases being bought from Target last year, in no small twist of irony.
By the end of Jan., 2013, Walmart says it expects to have more than 375 stores in Canada, about 50 more than it had in Jan., 2011.
Certainly, this is a big play, but will it have the same undercut strategy to Target’s arrival that the iPad 2 did to the PlayBook?
In terms of buzz, you’d be hard-pressed to find a store coming to Canada with as much fervour as Target, which has been a long-awaited Canadian arrival since as far back as 1994.
Now that it’s real, now that Target’s even announced its first 105 locations, there are plenty of shoppers counting down the days when they don’t need a passport to shop Tarjay, which surely has more cache in the retail world that Walmart does. In other words, Target is cool, Walmart is not.
But until we see what’s included in Walmart’s $750 million Canadian re-do, which ought to place a premium on improving its fashion offerings that have made Target so coveted, it can’t be speculated as to whether the world’s largest retailer can sap up a bit of Target’s grand opening momentum.
What’s sure, though, is that Walmart will have to stay on its feet. With other big U.S. retailers Kohl’s and Nordstrom sniffing around the Canadian landscape, there’ll be no shortage of competition for your consumer dollars.
By Jason Buckland, MSN Money
Posted by: ron joseph | Feb 8, 2022 1:54:51 PM
Big deal. I am finding more and more that Walmart comes up with a big price buster and then as the weeks go by the prices ramp up to 10 or 20% more then they were before the 'rollback'. Just like anywhere else you have to 'flyer' shop with Walmart now too.
Posted by: lex | Feb 10, 2022 1:51:45 AM
wel lets see what walmart have to do to keep there valued customer when the other American store chiped in to Canada. lol
Posted by: AL HACHKOWSKI | Feb 10, 2022 8:18:43 AM
Big deal. I am finding more and more that Walmart comes up with a big price buster and then as the weeks go by the prices ramp up to 10 or 20% more then they were before the 'rollback'. Just like anywhere else you have to 'flyer' shop with Walmart now too.
Posted by: Steve L. | Feb 10, 2022 8:45:48 AM
Wallmart "rollbacks" are a joke. They jack up the price for 2 weeks and then magicaly rool it back to the pre gouge price. I've been to the supercenter here in Winnipeg and as far as food goes, they are on the same price plane as Safeway! No big threat to other stores in Canada. 2 cents cheaper on already heavily marked up product just like any other retailer. I'm sure Target will be just as "canadian" in thier pricing.
Posted by: Roberta | Feb 10, 2022 9:16:28 AM
WalMart always puts their prices up well before a "rollback". I always check on items I buy
. For example...Skinny cow ice cream went up from 5.97 to 8.37....hows that for a hike.
Posted by: consumer | Feb 10, 2022 9:42:31 AM
Raising the price before a promotion is illegal, check your facts...there is no way they raise the price before a rollback. Show me proof.
Posted by: TGIF!! | Feb 10, 2022 11:37:12 AM
I think Walmart is cool.....
Posted by: Pro Shopper | Feb 10, 2022 12:32:56 PM
Walmart is great for the cheap stuff made in other countries but we need to buy Canadian people. Yes times are tough but who will be out of a job next in our great and wonderful country if we do not support it? They treat staff badly and do not want a union so they can get people to do ALL jobs in the stores. No more working in 1 dept, you have to do stocking, cashier, back room work and so on. No extra pay for the cross over in jobs. No more posting for a job, they tell you where you will work even if you posted for a specific area. Workers are fed up with the consumer abuse and Exec abuse. I am there only to pay bills, this is no career. Promotions are a thing of the past. Full time leaving are replaced with 2 part time who could care less about how they do their job. We have to spend more time making it right, our store almost gives away products, there goes our profit sharing we work darn hard for. Management does not care and are reckless with what we consider to be ours. They will get their big piece of the pie no doubt.
Posted by: Emily Illnik | Feb 10, 2022 2:42:38 PM
Come to the Iqaluit, Nunavut......we need a WALMART here..even it's a smaller size but...think about it please......
Posted by: smart shopper | Feb 10, 2022 2:43:48 PM
Great news for China. More stores to sell all their cheap products in. Can hardly wait.Welcome to Walmart...the largest importer to North America. Just don't complain you don't have a job here anymore , it's your own fault.
Posted by: lorna adams | Feb 10, 2022 3:02:10 PM
I have to laugh about the idea of buying Canadian made items.....just where are those manufacturing plants? We certainly don't have any in my part of BC....I would gladly buy Canadian if I could find it...heck even the items for the winter olympics were made in China....
Seeing as my money, like everyone else's is hard earned, I will spend it wisely and buy from the cheapest available source....WalMart, Target, or any other option available.
Posted by: Tracey | Feb 10, 2022 4:27:45 PM
I think Wal-mart should spend time and energy on making their EXISTING stores clean and well-stocked. Our "superstore" always looks like it's 2 days before Christmas LOL The shelves are half-bare and there's crap everywhere. Clean that stuff up!! I 100000% liked the old, regular-sized stores better. Now it's a huge monstrosity of mis-matched things shelved together, mess and don't get me started on someone putting a DRIPPING package of chicken on the checkout belt where I'm supposed to then put my stuff down...wow
Posted by: juliaaa | Feb 10, 2022 5:09:02 PM
This is a frightening thing if you think about the possible long term effects. Wal-mart as we already know is dominating Canadian grounds, it promises one stop shopping that is convenient for the person on the go. This is all well and good for the consumer, but one can't help to think that these superstores are running mom and pop shops as well as Canadian companies (Zellers) to damnation. Is this of any concern to the average person?
Canadian retailers/companies seems to be a shrinking list as we continuously buy into our American counterparts.I can't help but to think if we have any stores that are thriving across the border?
Posted by: Jay | Feb 10, 2022 8:06:03 PM
PLEASE renovate, expand, or update the store in Woodstock, NB!
Posted by: DOUBLE D | Feb 10, 2022 9:10:23 PM
Ironically I was asked at the checkout if I would like to donate to help the world children......OK by putting them in another walmart supported sweat shop for their cheap ass products that my neighbor thinks are so cool.Useless things like garden knomes with your favorite hockey team logo or how about the little mushrooms that light up at night and shine all colors of the rainbo,eventually ending up in a land fill down the road which I might add is running out of space...WAKE UP CANADA ,DOWN WITH WALMART SUPERCENTERS AND DOLLAR STORES!!!
DOWN DOWN WITH IMPORTING JUNK.
Posted by: john | Feb 10, 2022 10:24:14 PM
are you kidding me??? the Canadian Government needs to step up to the plate and not allow any more of this trash into canada. wonder why you don't have a job, the economy sucks and your ass hurts? WALMART JUST ASSRAPED YOU AND YOUR WHOLE TOWN.
Posted by: fred perry | Feb 10, 2022 10:43:58 PM
about time . maybe now we can bye something more then george junk .i mean it junk
.
Posted by: Frances | Feb 10, 2022 11:58:34 PM
FELLOW CANADIANS!!!!!
BE SMART WITH YOUR MONEY....BUY FROM LOCAL CANADIAN STORES....OWNED AND OPERATED BY YOUR CANADIAN NEIGHBOR'S......
SUPPORT CANADIAN TIRE........FULLY OWNED AND OPERATED BY CANADIANS.....
Posted by: Frances | Feb 11, 2022 12:00:37 AM
AND EVEN BETTER....CANADIAN TIRE SUPPORTS CANADIAN CHILDREN WHOSE FAMILIES CANT SUPPORT TO PUT THEM IN SPORTS.......JOIN THE CANADIAN TIRE TEAM!!!
Posted by: Dan | Feb 11, 2022 1:18:33 AM
hi
Posted by: I K Ryan | Feb 12, 2022 2:37:55 AM
Hey Loyal Canadians : Be sure to shop at Walmart . Feel good about yourself . after all you are keeping the little kids working in China . And your helping our workers to stay at home . So are you proud of yourself now ?
Posted by: DrVex007 | Feb 12, 2022 3:15:30 AM
I will never shop at WalMart again!
My mom was pickpocketed there. (apparently it happens alot there). Anyway, she realized it and went to the manager to have them call the Police. Their answer? Sorry maam you'll have to go home to call them. They did not want people to find out how rampant the crime is in the store.
She asked for another manager and received the same answer. While trying to get them to call the police, the pickpocket was using her credits cards to make purchases IN THAT VERY WALMart. They could have caught them had they called. But no, they turned her away. She went home to call the police and the Police told her that WalMart would have to call for them to do anything. So she returned to WalMart (Warden and Eglinton) the next day and they told her that all of their phones were broken. So she (a senior on a fixed income) was screwed out of customer service, respect as a senior and ultimately the stolen credit cards (which she cancelled right away), her mortgage money and the criminals tried to use her chequebook to steal money out of her account. Which ironically they already had because she had taken out her mortgage money (which they stole) already so there was nothing left. I called the management group only to find out that they were blowing me off too.
I welcome Target to see if they treat people better than this. I will NEVER shop at WalMart again. Their store carries terrible quality merchandise and their prices are not what they used to be and that automated ("now serving 4") checkout system is maddening.
GoodBye WalMart! I suggest that everyone else stay away from them too. Look how they treated a senior who was a victim of a crime? They wouldn't even let her use the phone or call on her behalf.
They should be charged with obstruction to Justice.
Posted by: DrVex007 | Feb 12, 2022 3:38:59 AM
Posted by: consumer | Feb 10, 2022 9:42:31 AM
Raising the price before a promotion is illegal, check your facts...there is no way they raise the price before a rollback. Show me proof.
Actually "Consumer" this is not illegal, it happens all the time. Look at Sears. They price something and then tell you that you have to buy it before (ie. Feb. 14th) or the price goes up. Ask yourself this question. WHY does the price go up? They put the price up at the end of the season? sure, only to discount it by up to 50% to clear it out. so was that dishonest?
Canadian Tire has there little thing too. They bring in a product for the sale in their flyer, only here's the catch. they do it a week early and put a regular price on it. If you buy it at that price great, but they know that many will not, then the flyer hits and POW 30% off. Off of what, their one week old price? Is that dishonest?
Consumers have to ask themselves, why would a retailer sell something at 30-50% off BEFORE the end of the season or almost immeidately after the item arived in the store? The ANSWER? They wouldn't, but they can certainly make it seem like they are.
Here is an example. Canadian Tire loves to put their treadmills on at 50-60% off. So a $2499 treadmill is suddenly $999. Wow great deal, only Costco sellls it everyday at $899. So as a consumer the question is not whether $999 is a great deal, or is it a better treadmill. The question is why would that treadmilll EVER be priced at $2499? When you compare quality, features and the like, the $2499 treadmill would be so overpriced that it wouldn;t be competitive to anyone so why would a retailer do that? ANSWER they wouldn't.
See the pattern here.
WalMart's rollbacks are no different. A rollback by definition is their practice of rolling back prices to a lower point to offset the prices that THEY themselves set.
So instead of buyng into catch phrases like rollback, just compare the price to another retailer.
I prefer Costco. You know their prices are better in most cases anyway and they do not hide stuff like this. They put something on sale for $2.00 off because it is $2.00 off the price they charge MOST of the year. So it is not fabricated. Now if only their gas stationbs had car washes.
Posted by: Suzanne | Feb 12, 2022 9:22:08 AM
I refuse to shop at walmart. In fact when Zellers was still Canadian owned I shopped there and found most everything I needed. Sometimes cheaper than walmart. I also only buy from local shops owned and operated by local owners.
Why are Canadians being such sheep and shopping in Walmart?? Why couldn't have support Zellers when it was still Canadian owned? Again I used to find things in there being sold for cheaper than walmart.
Support your local economy people. Dig a little and you'll find better deals than franchises.
Posted by: terry | Feb 12, 2022 9:36:21 AM
my zellers is chaning to a walmart, and a new walmart just opened up 2km away....when our zellers changes, I will have 3 walmart stores all within a 5 min drive from my home, and an even bigger one about 15 min away...what ever happened to competition, there cant be any when you only have 1 department store to shop at !!!! so frustrating, and our city councellors need to reconsider who get permits when you already have the same store around the corner...its friggin nuts
Posted by: Jones | Feb 12, 2022 11:14:59 AM
Great another retailer selling crap to an ignorant consumerist population that certainly doesn't need more stuff. Until we all see the true price of our voracious appetite for cheap junk, none of the environmental, societal or worldwide income inequity problems will change for the good. People will still be abused, the environment will still be abused and we the privileged sheep will be more than happy to enjoy the "savings" a morally bankrupt retailer like Walmart, Target, etc offers us with one hand, all the rolling back human and environmental rights with the other. Less is more.
Posted by: taking a different look | Feb 12, 2022 11:30:25 AM
To anyone who cares: The reason canadians shop at Walmart vs. Zellers, or any American store, for that matter, versus a Canadian store is because there is sooo much more selection.
I work hard for my money. I want to buy what I like. I want selection and feel I have earned that right. Walmart, and other stores coming up from the south have the selection I want.
Now, the reason Canadian companies cannot afford to supply that selection is because we are taxed so high to support a health care system that doesn't work anyway.
Maybe start at the root and change your health care system, lower the taxes, and Canada will be able to afford selection, and products at reasonable prices, and more Canadians will be happy and healthy and won't need a health care system. Has anyone thought of that?
As far as the pitiful argument about kids working in other countries--maybe if you got your kids working, they would be doing something good for the Canadian society instead of ripping it up and ending up in jail.
Posted by: boomer | Feb 12, 2022 12:21:47 PM
Is this the end of Cnaadian companies. companies that acctually pay Canadian income taxes, that keep their profits in Canada. Or are we going to support the American economy.
Posted by: boomer | Feb 12, 2022 12:29:04 PM
Great more jobs that pay minimum wages for part time hours. These companies bring no money to the Canadian economy. In order to survive, Canadian companies will be adopting the same methods, which means even less good jobs for Canadians.
Posted by: Elmo | Feb 12, 2022 12:55:48 PM
It's all about individual perceptions and the great American advertising and marketing machine. If I can buy from Canadian Tire before Walmart... I will. If I can buy from Rona before Home Depot or Lowes... I will. If I find an item from an American-based outlet at a cheaper price than a Canadian-based outlet, I will go to the Canadian outlet and ask them to price match... assuming it's the exact same item, including model number, etc. It's also called getting off your lazy rear ends and supporting Canadian companies. Same thing applies with McDonalds vs. Harveys... or Starbucks vs. Tim Hortons. You have the choice, it's up to you to chose a CANADIAN based company if you wish !! However... keep in mind that even many of the products sold at Canadian Tire, Rona, etc. are also made in China or Mexico... including their house brands. That's the way of the world nowadays.