date:Jun 23, 2014
cing stiff competition in Canada as home-grown retailers Loblaw Cos Ltd and Metro Inc as well as U.S.-based chains such as Target Corp jostle for bigger slices of the crowded market.
Wal-Mart has said it will invest about C$500 million ($461 million) this year to expand in Canada and plans to add 1 million square feet of retail space.
Wal-Mart Canada operates 391 stores in the country that serve more than 1.2 million customers every day.
Wal-Mart Stores said last month that comparable sales a