Shareholder Question: Walmart Canada

QUESTION:

You recently gave us an update on Duane Reade, would love a Walmart Canada update as well. Are we very close to receiving a purchase order from them? And do you think we will expand to all of there Canadian locations when they start re ordering.

ANSWER:

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In the case of Walmart Canada, I believe that we could know within about a week or so where things stand with the resumption of operations.  There has been considerable work behind the scenes of a detailed nature, by all parties involved.  I have no reason, based on current circumstances, to doubt this timeline.    As to the number of stores,  I have no reason to doubt that the re-launch could be national in scope.  However, until I have formal confirmation, this is only my best estimation. That’s the current situation as I know it.

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