Walmart Canada has outlined investments to the tune of $450m by end of January 2014 to expand its retail footprint in the country.

The company plans to continue to augmenting its distribution network in the country to support the ongoing store growth and proposed expansions.

Construction of new stores and expansion, remodeling and/or relocation of existing stores is also part of the capital outlay.

The retailer will introduce at least 37 supercentre projects in the country and add 1.4 million ft2 of retail space to its portfolio in the 2013 fiscal year.

Walmart Canada president and CEO Shelley Broader remarked that the company will continue to expand, adding new stores and supercenters, as it had done in 2012.

"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," said Shelley.

The supercenter concept provides consumers with a single-window shopping experience as stores provide over 100,000 product lines – from apparel and home decor to electronics and grocery.

Walmart Canada will add full grocery sections to a greater number of locations over the year while bringing the supercenter concept to the Maritime Provinces.

"We look forward to helping our customers coast-to-coast save money on groceries as well as their general merchandise purchases," noted Shelley.

The chain operates 379 stores in Canada, with 209 of them in the supercenter format and will increase its count to 388 by January 2014.