Retailer Walmart (WMT) is spending $100 million to build a new high-tech fulfillment centre
outside Montreal that will open in 2024.
The Montreal centre is part of Walmart’s $1 billion infrastructure investment in Canada that also
includes renovating existing stores and adding new retail sites across the country.
The new Montreal fulfillment centre will focus on completing customer orders throughout
Quebec and in Atlantic Canada, said Walmart in a news release.
Walmart added that the Montreal fulfillment centre will create 225 new jobs in Quebec.
Walmart’s stock is down 7% this year at $134.33 U.S. per share.