Walmart announces $450 million expansion in Canada
New York — Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada.
Walmart also announced it will expand its distribution network to support its ongoing Canadian store growth and expansion plans. The distribution center projects, new store construction and expansion, remodeling or relocation of existing stores represents an investment of more than $450 million in the Canadian economy. The plans are expected to generate more than 7,000 store, trade and construction jobs.
“Our associates across the country have done an incredible job this past year serving our customers and opening a record number of new stores and supercentres,” said Shelley Broader, president and CEO of Walmart Canada. “This year, we are ramping up our focus on lowering prices and helping customers lower their cost of living, as we continue to bring our supercentre format to more Canadians.”
Full grocery sections will be added to more locations across Canada.
“We’re truly delighted to be adding a full grocery section to more locations across the country, including the opening of our first supercentres in the Maritimes,” said Broader. “We look forward to helping our customers coast-to-coast save money on groceries as well as their general merchandise purchases.”
As of January 31, 2013, Walmart Canada will have 379 stores, including 209 supercentres. The new round of expansion is expected to bring the company’s store count to 388 by the end of January 2014.
The retailer will grand open nine supercenters this Friday, Jan. 25. The final two stores included with the 73 store projects planned for the current fiscal year will grand open on Jan. 31.
Tuesday Morning names new COO
DALLAS — Tuesday Morning has named John Rossler as EVP, COO, effective immediately. Rossler has been serving as an executive advisor to Tuesday Morning since October, 2012, and his focus has been primarily on operational efficiencies, including overall cost control, supply chain and real estate. His distinguished career in retail includes serving as president and CEO of DSW Inc. and Retail Ventures Inc.
"John Rossler is precisely the operational expert we need to help execute Tuesday Morning’s revitalization," said Brady Churches, president and CEO of Tuesday Morning. "From store operations to supply chain to improved real estate strategies, the company will benefit from John’s relentless attention to detail and proven retail track record."
Prior to joining Tuesday Morning as an executive advisor in October, 2012, Rossler served as a principal in Pivotal Strategies, LLC, providing consulting services to small and mid-size businesses from 2004 to 2012. From 2002 to 2004, he served as president and CEO of Retail Ventures Inc., a holding company of retail businesses, which at the time included DSW Inc., Filene’s Basement Inc. and Value City Department Stores. From 1982 to 2002, John held various executive positions with Shonac Corporation and DSW Inc., including president and CEO, CFO and COO.
Amazon opens new fulfillment center in Calif.
TRACY, Calif. — Amazon will open a new fulfillment center in Tracy, Calif., creating hundreds of jobs in the process, the company announced.
At the 1 million sq. ft. Tracy facility, Amazon employees will engage with high-end technology while fulfilling customer orders. Amazon fulfillment center jobs pay on average 30% more than traditional retail jobs and that doesn’t even include the stock grants that full-time employees receive, which over the past five years have added an average of 9% to base pay annually, according to a company press release.
“I am honored and pleased that Amazon recognizes our streamlined business development efforts, prime location and resources available to meet the demands of their fulfillment center,” said city of Tracy Mayor Brent Ives. “Amazon is a wonderful addition to our economic base and will provide hundreds of jobs for residents of Tracy.”
Amazon opened its first fulfillment center in California, located in San Bernardino, in October 2012.
“We are grateful to be members of the California business community and to employ so many hardworking and skilled Californians,” said Mike Roth, VP Amazon’s North American operations. “We are excited to be growing in the state and to be creating hundreds of full-time positions in Tracy.”