CANADIAN TIRE FACTS/HISTORY!!!!!!!!!!

·         Canada’s most recognized brand since 1992

·         1992 John W. and Alfred J. buy the Hamilton Tire and Garage Ltd. for $1,800

·         1923 they sold Hamilton Tire and Garage Ltd. and moved to a new location. It was located at the corner of Yong and Gould  and named the store Canadian Tire Corporation

·         In 1927 they incorporated the name Canadian Tire Limited

·         In 1993 they moved the main store into an empty supermarket. They had their clerks on roller skates that would race to fill the customer’s order.

·         First gas bar opened in 1958

·         1958 Canadian tire money was introduced as gas coupons

·          1963 the first distribution center opened

·         1993 new-format of the store

·         2006 Canadian tire got a partnership with NASCAR and TSN

·         2011 Canadian tire but The Forzani Group Ltd.

·         Stores are located all across Canada

If you want more history of Canadian Tire, click on the link below.

http://corp.canadiantire.ca/EN/AboutUs/Pages/History.aspx

Canadian Tire has a NASCAR Series

Is it any surprise that Canadian Tire has a NASCAR series or even two race cars. The first race car races at the Honda Indy race located in Toronto. There second car that Canadian Tire has is in the NASCAR races. Scott Steckly drives the race care number 22 and has won 7 races in the Canadian Tire car. Honda Indy is raced in July and is raced on exhibition grounds near the lakeshore.  Canadian tire entered into racing because automotive parts are in everything that they do. The dedication that is shown by the fans is huge and they are trying to make them part of the NASCAS experience. They are thinking about making NASCAR themed events for their fans and they will be at Canadian tire stores located across Canada.



#22 Canadian tire race car at honda indy



PART SOURCE AND CANADIAN TIRE ARE ONE

For those of you that didn’t know Canadian Tire owns PartSource. PartSource is an automotive store that sells car parts. All of their staff is well trained people who now what they are talking about.  Here are some random facts about PartSource:

·         Canadian Tire founded PartSource in 1999

·         PartSource sells high end automotive parts

·         They have a 86 stores in Canada: 13 in Alberta, 6 in Saskatchewan, 6 in Manitoba, 59 in Ontario, and 3 in Nova Scotia

·         Staff is focused on putting customers first

·         There future goal is to have stores located coast-to-coats

·         You can get different deals and discounts at the store

Now you can add another store to the list of things that Canadian Tire owns. When you really look at it you can see that Canadian tire really has a lot of different stores varying different things.

CANADIAN TIRE GAS PUMPS

We all know that Canadian Tire sells just about anything. Your probably thinking to yourself what else could the possibly have now.  Canadian Tire is really trying to increase their profits by adding in a gas bar. At the gas bar you can also fill up propane tanks while you fill up your car. The gas at Canadian Tire is slightly cheaper than Esso and shell. Seeing as gas is at a $1.30 right now if you go to a Canadian Tire gas bar you can get it for $1.26. Here are a couple of facts about the Canadian tire gas bar.

·         You can use Canadian tire money to purchase gas

·         There are 273 Canadian tire gas bars

·         They are planning on getting them located along 2 of the busiest highways in Toronto

·         Propane is sold to fill up tanks but they will not dispense it to propane vehicles  

Canadian Tire Owns Marks Work Warehouse!!!

Did you know that Canadian Tire owns Marks Work warehouse? Well you do now. For those who don’t know Marks Work Warehouse is a clothing store. They carry a variety of clothes such as:

·         Jeans/dress pants

·         Boots

·         Sweaters

·         Socks

They cater to men and women and carry a variety of other things but that gives you a general idea of what they have. Canadian tire bought Marks Work Warehouse in 2001 for $116 million. Canadian Tire and Marks Work Warehouse like to focus on everyday products that consumers use. They both have a unique placement in the industry. Canadian Tire has not opened very many Marks Work Warehouse stores in the past year. They were gaining a huge amount of profits but they seem to be dropping.

What do you thing Canadian Tire should do to improve the sales at Marks Work Warehouse…….

SAY GOODBYE TO CANADIAN TIRE MONEY

Canadian Tire is going to stop giving out Canadian Tire money and start using a point system. Basically every dollar that you spend you will receive 1 point.  If you have the company’s credit card now as the Options master card you will get 3 points for every dollar spent.  For every dollar spent a Canadian Tire you get 40 cents back. To get the paper money back you would have to use cash, debit, or the options MasterCard. On the points system you would get points no matter how you pay. You can also collect points from the Canadian Tire gas pumps. If you want you can also transfer the points that are collected to the Canadian Tire jump start program. They might create a key fob that will collect the points or it will just be collect on a card like any other loyalty program. They have switched some of the stores over to the point system. It’s only the stores in Nova Scotia that have switched over to the points system. They will not expand the program out into other provinces tell they have determined that the points card is the right way to go. Once there goals have been meet then the rest of the Canadian Tire stores will be switched over.

Is it a smart move for Canadian Tire to get rid of there canadian tire money?

BUYING FORZANI GROUP LTD.!!!!!

Canadian tire wants to have the majority of the sporting goods. To do this Canadian Tire has bought Forzani Group Limited for $771-million cash. Right now you are probably thinking “Who is Forzani Group Limited”.  This company use to own a huge amount of sporting stores. The sporting stores that they use to own are:

·         Sport Check                

·         Sport Mart                  

·         Atmosphere                

·         National sports           

·         Athletes World           

·         Nevada Bob’s Golf     

·         Hockey Experts           

·         S3                                

Canadian Tire now owns all of these sporting stores. They had a total of 500 stores that Canadian Tire now owns. This now allows Canadian Tire to have a larger target market. They can now target 18 to 35 year old demographic.  Now Canadian tire has general sports stores and more target sports stores like Hockey Experts and Nevada Bob’s Golf.

Was Canadian tire buying Forzani group Ltd. the right move?