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Walmart Canada completes acquisition of leases for 39 stores
2011-09-23 14:40:44.650 GMT
Canada's fastest-growing retailer to create more than 5,000 jobs
MISSISSAUGA, ON, Sept. 23, 2011 /CNW/ - Today Walmart Canada announced that it has completed the acquisition from Target Canada of leases for 39 store locations currently occupied by Zellers. Walmart also announced the locations acquired. It is anticipated that these locations will open as Walmart stores in late 2012. Walmart expects this announcement will create more than 5,000 construction, trade and store jobs and will represent a significant investment in Canadian communities.
"We are pleased to have the opportunity to bring more Walmart stores to Canadians across the country," said David Cheesewright, Walmart Canada president and CEO. "Canadians understand our value and quality proposition, and customers at all income levels rely on us to save them money and to be their one-stop shopping destination."
The new Walmart stores are expected to open in late 2012 and will be a mix of discount stores, which offer general merchandise and a broad selection of pantry foods, and supercentres, which offer general merchandise as well as a full selection of groceries under one roof.
Ontario
Gerrard Square Toronto
Sheridan Mall Toronto
Cedarbrae Mall Toronto
Stanley Park Kitchener
Peterborough South Peterborough
Zellers Centre Waterloo
Hawkesbury Gateway Hawkesbury
County Fair Thunder Bay
Gloucester City Centre Ottawa
County Fair Plaza Hamilton
Fairview Mall St. Catharines
Arthur Street Marketplace Thunder Bay
Northland Mall London
Georgetown Market Place Georgetown
Tillsonburg Town Centre Tillsonburg
Station Mall Sault Ste. Marie
Kingsway Village Oshawa
404 Town Centre Newmarket
Carriage Shopping Centre Listowel
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Permalink Reply by Andrew Morton on September 23, 2011 at 11:50am I've only been to the Gerrard Square Zellers once but it doesn't seem all that big; is this going to be one of those smaller-footprint 'urban' Wal-Marts that the company has been wanting to experiment with?
Permalink Reply by Naomi Eaton on September 23, 2011 at 11:58am I've only been to the Gerrard Square Zellers once but it doesn't seem all that big; is this going to be one of those smaller-footprint 'urban' Wal-Marts that the company has been wanting to experiment with?
Permalink Reply by Laura Bright on September 23, 2011 at 2:43pm This is kind of sad. Leslieville has been battling Walmart (Smart Centre) for almost 5 years and it looks like the battle has been lost. (http://www.nowtoronto.com/daily/news/story.cfm?content=165008)
Also will an 'urban' Walmart be just as use(less)ful as the 'urban' Home Depot at Gerrard Square (e.g. take up a lot of space but not really have much in terms of stock, or employ people in the drywall section who have never heard of a drywall knife)? There is already not enough parking, and the parking lot is TERRIBLE in design and functionality. Throw in a Walmart and the work done to revitalize Gerrard Square over the last few years will just go down the drain.
Permalink Reply by Robert Bright on September 23, 2011 at 3:53pm
Permalink Reply by JK on September 23, 2011 at 3:59pm
Permalink Reply by Chris B on September 23, 2011 at 4:02pm I have to disagree with you on that one. For one thing, Walmart coming to Gerrard Square if anything is a direct result of the Smart Centre fight. Since the Smart Centre is not being built, Walmart had no choice but to try to find existing mall space to use to come into the city, which it did. (and don't kid yourself - Walmart was coming downtown one way or the other) Gerrard Square is a privately owned shopping mall, and had a huge space to fill with Zellers leaving and Target didn't want that space. They're perfectly entitled to lease that space to Walmart, and despite what some folks in our neighborhood seem to think, we don't get to dictate which retailers private shopping malls get to lease to. Even if Target was the one coming in, all those problems you cite about parking etc would equally apply to them, and yet, if it was Target coming, there'd be dancing in the streets.
As for Gerrard Square's "gentfication" - have you actually been in that mall lately? There's nothing gentrfied about it. If anything, an "urban" Walmart will fit right in with how that mall is developing.
I hope I'm wrong about this, but a lot of this anti-Walmart sentiment I keep hearing in the neighborhood sounds suspiciously like flat out snobbery to me.
Laura Bright said:
This is kind of sad. Leslieville has been battling Walmart (Smart Centre) for almost 5 years and it looks like the battle has been lost. (http://www.nowtoronto.com/daily/news/story.cfm?content=165008)
Also will an 'urban' Walmart be just as use(less)ful as the 'urban' Home Depot at Gerrard Square (e.g. take up a lot of space but not really have much in terms of stock, or employ people in the drywall section who have never heard of a drywall knife)? There is already not enough parking, and the parking lot is TERRIBLE in design and functionality. Throw in a Walmart and the work done to revitalize Gerrard Square over the last few years will just go down the drain.
Permalink Reply by Iain on September 23, 2011 at 4:13pm
Permalink Reply by Robert Bright on September 23, 2011 at 5:33pm
Permalink Reply by Dave B on September 23, 2011 at 6:25pm If you don't like Walmart simply don't shop at Walmart. Its a free market and some people like shopping at Walmart. Something was going to take the Zeller s "anchor tenant" location and unfortunately it was Walmart over Target. I can tell you, some touchy feelie mega yoga store giving out free Chia lattes was not going to open in that Zellers location no matter how cleaned up Leslieville becomes.
The Zellers at Gerrard Square is one hurting example of retail in Canada. The store is over flowing with product in some sections and lacking in others.
Permalink Reply by ChrisG on September 24, 2011 at 2:21pm Posted by Nolin (Admin) on February 3, 2011 at 12:21pm 4 Comments 4 Likes
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