Canadian Tire Corp news and archive

Hudson’s Bay intellectual property acquired for 30 million dollars

The intellectual property of Canadian retailer Hudson’s Bay Company (HBC) has been snapped up in an acquisition deal amounting to 30 million Canadian dollars (21.5 million US dollars). The move has been made by Canadian Tire Corporation (CTC), which announced that it had entered into a definitive agreement to secure the HBC Stripes – the stripe...

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Canadian Tire Corp thrives on Millenial’s shopping and beats quarterly estimates

The Canadian retailer Tire Corp Ltd (CTCa.TO) reported a better-than-expected quarterly profit on Thursday. The auto-inspired car accessories and apparel brand benefited from an early winter in some parts of the country, which fostered demand for winter tires, batteries and apparel. As a result, same-store sales at FGL Sports, which the company...