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    Recent Articles

    Target announces Starbucks as coffee retailer for Canadian stores (Starbucks Newsroom)

    Loblaws launching loyalty program to coincide with Target entry (Globe and Mail)

    Zellers reviews options for outlets ‘left behind’ (Globe and Mail)

    Canadian malls are the Target of expansion(Montreal Gazette)

    Sobeys and Target: a winning combination (Financial Post)

    Target’s rejected sites in high demand by rival retailers (Globe & Mail)

    Walmart, Canadian Tire in Target's crosshairs (Financial Post)

    What we can expect: Tony Fisher talks about Target Canada (Financial Post)

    Target’s Canadian foray hits cost hurdle (Globe & Mail)

    Announcement of which Zellers are to convert coming by end of May? CTV

    "Death of Canadian retail greatly exaggerated" Rona CEO (Financial Post

    Impact on Canadian Tire (Financial Post)

    Canadian Retail Industry Viewpoints (Profit Magazine)

    Canadian Tire

     

     

    Wednesday
    Feb062013

    Canadian Tire Response to Target

    Number of Canadian Tire Retail locations within 15 minutes of Proposed/PendingTarget

    • No Target within 15 minutes: 260 Canadian Tire Locations
    • 1 Target within 15 minutes: 109 Canadian Tire Locations
    • 2 or more Target locations within 15 minutes: 118 Canadian Tire Locations
    • The most "Targetted": Mississauga Heartland Canadian Tire is within 15 minutes of five proposed Target locations

     

    Response to New Competition in the Retail Market

    • Paper "Canadian Tire" money to be replaced with card based rewards in a Nova Scotia pilot project (St.Albert Leader)
    • Set to open new "Cloud Computing Centre" in Winnipeg by October. The centre will increase computing power by 20x, as well as provide 50 jobs. (Canada Newswire)
    • Launched "The Canadian Way", the new digital customer experience, this campaign upgrades Canadian Tire's online catalogue, adding video and commenting features
    • Focus on growing the number of Canadian Tire's credit card holders (Globe and Mail)
    • Forzani Group to focus on Sport-Chek and Atmosphere as flagship stores. Set to add over 100 Sport-Chek and Atmosphere locations over the next 5 years, while closing 115 less profitable banner stores. Will add over 1.4 million sq.ft in total. (Canada Newswire)
    • Negotiating new dealer contracts that aim to streamline the supply chain, while not giving up the dealer autonomy that Canadian Tire sees as an advantage compared to Target ( Financial Post)
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