Walmart Canada is cutting prices on 7,000 items during January. The cuts are on all major categories across grocery and general merchandise and, Walmart says, are expected to translate into customer savings of more than C$25.7m (£16.2m) this month.

“With the holiday season over, we know our customers are experiencing budget pressure and need to re-stock their basics,” said Walmart Canada chief merchandising officer Lee Tappenden. “We’ve focused much of our rollback activity in our food and consumables as well as our health and wellness categories.”