Wal-Mart Canada unveiled the first four Sam's Club warehouse stores in Canada and said the buy-in-bulk outlets will become a national chain. Wal-Mart Canada, a unit of Wal-Mart Stores Inc., said Sam's Club will focus on small businesses that tend to be big spenders.
The first four Sam's Clubs are in the Toronto area and there are plans for two more sites in southern Ontario by early 2004.
"There are opportunities for this channel across the country, so we are out looking for sites and we're going to have more stores," said Mario Pilozzi, Wal-Mart Canada's chief executive.
Sam's Club, named after Wal-Mart founder Sam Walton, offers products ranging from appliances, home and office electronics, to home furnishings and diamond rings. (Reuters)
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