21:32:43 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Canadian Tire Corp Ltd
Symbol CTC
Shares Issued 3,423,366
Close 2023-05-02 C$ 310.00
Market Cap C$ 1,061,243,460
Recent Sedar Documents

Globe/CP say Canadian Tire expanding two of its banners

2023-05-03 08:23 ET - In the News

The Globe and Mail reports in its Wednesday, May 3, edition that Canadian Tire says it is acquiring 10 former Bed Bath & Beyond leases to expand its Mark's and Pro Hockey Life banners. A Canadian Press dispatch to The Globe reports that the Toronto-based retailer says it is taking on the leases for a final purchase price of $1.6-million. Six of the leases will be for relocations of clothing in Alberta, British Columbia and Ontario, while the other four will be new Pro Hockey Life stores in Ontario. Canadian Tire says the 10 leases combined make up more than 242,000 square feet of retail space. Bed Bath & Beyond's Canadian arm was granted an initial order for creditor protection in February as its U.S. parent company struggled to stay afloat, filing for bankruptcy protection itself just over two months later. Canadian Tire capped off its centennial year with strong growth in its automotive business, while sales at Mark's also rose.

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