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Thursday, January 17, 2013

History of Canadian Tire


Canadian tire….
This company has been around since 1922. A Canadian owned company, uses their own money which I like by the way. There is nothing more beneficial when store gives you extra change.




Canadian tire uses a great marketing strategy that listens to people needs and concerns. Throughout the years Canadian Tire has been one of the best hardware stores in the country. Today, they rank 56 out of 100 Canadian companies with big revenue through 2012. Not bad, when business analyst seemingly judge the company would falter in the mid 1990’s.



What about Ted and Gloria, a real married couple shown in several Canadian Tire commercials a lot of people speculate it was because of them Canadian tire is still the best hardware store. I’ve worked for Canadian tire for six years and I felt the big boost on sales and orders in the year 2000, you'd be the judge. I believe it’s because of innovative ideas. Eventually, Ted and Gloria were dropped by the company. I guess because of demographic reasons, in order for companies compete in the tough market, innovative changes must be made.


Canadian tire now focuses on investing in sister based company. They got their own clothing store, petroleum pump station, financial services and Partsource. I mean… I've never used their own gas station or shop at their clothing store. But what really make them successful? Is it because of the young generation that cannot make up their own mind or is it simply whenever Canadians shopped at a Canadian tire store make them feel proud and patriotic citizens so they keep coming back? For me, I think it's because of their services whenever I shopped at Canadian tire I always found what I need, charged at a reasonable price.

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