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just_an_ant

11/30/10 8:02 PM

#153798 RE: lbdave #153795

Canadian Tire Retail / PartSource DD

As Canada's largest retailer, it is said that 85 percent of all Canadians live within a 15-minute drive of a Canadian Tire store; that nine out of ten adult Canadians shop at one at least twice a year; and that 40 percent of Canadians shop at Canadian Tire every week. There are more than 475 stores across Canada. Canadian Tire Stores are each operated by an associate dealer. The buildings and lands are owned or leased by the company and everything inside the building, from fixtures to merchandise, is owned by the dealer. The majority of stores operate in distinct categories of automotive parts, automotive service, tools and hardware, sporting goods, housewares, and seasonal.

Since 2003 Canadian Tire has converted the majority of its old traditional and new-format stores, as well as built new stores, making it the most modern network in the country. Last year, Canadian Tire introduced its two newest store formats- the Smart store and Small Market store. Currently, the largest Canadian Tire store is located in Dartmouth, Nova Scotia. It incorporates a Marks Work Warehouse (owned by Canadian Tire) within its doors. Also, new-format Canadian Tire stores also exist in indoor mall locations, such as Place Vertu in Montreal (where it took the former Kmart location after Kmart's withdrawal from Canada in 1998, but Canadian Tire opened in 2000 in that mall).

Partsource Automotive Stores

PartSource is an automotive parts and accessories specialty chain, which has 86 stores across Nova Scotia, Ontario, Manitoba, Saskatchewan, and Alberta. It was designed to meet the needs of major purchasers of automotive parts including commercial automotive installers as well as serious do it yourself customers. While many people are aware of the Canadian Tire/PartSource affiliation, many are unaware that the individual stores are not affiliated. While Canadian Tire Retail stores are Associate Dealer operated, PartSource stores are a mix of franchisee and Canadian Tire Corporation operated.

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Canadian Tire Corporation, Limited (TSX: CTC) is one of Canada's 35 largest publicly traded companies and operates an inter-related network of businesses engaged in retailing (hardgoods, apparel and petroleum) and services (financial and automotive). It operates Canadian Tire Retail, Canada's largest and most-shopped general merchandise retailer best known for its home products, hardware and tools, automotive, sports, camping, lawn and garden products. It also operates Canada's largest independent gasoline station network and a chartered bank in Canadian Tire Bank, and it owns Mark's Work Wearhouse, a leading specialty apparel retailer of work and casual clothing, and PartSource, retailing auto parts and accessories. Its head office is in Toronto, Ontario.

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More DD

About PartSource

Canadian Tire recent info/DD

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56695570

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53904780

Follow update to CTC store from August 18th is here

just_an_ant

11/30/10 8:15 PM

#153800 RE: lbdave #153795

A rack deal inside of Largest Canadian Retailer.......eventually in most if not all their stores...

ummm..yea I think that would be significant. Something USA national retailers may look to imo; especially with supporting data showing velocity of sell-thru etc.

As Canada's largest retailer, it is said that 85 percent of all Canadians live within a 15-minute drive of a Canadian Tire store; that nine out of ten adult Canadians shop at one at least twice a year; and that 40 percent of Canadians shop at Canadian Tire every week. - per wiki.

crl122

11/30/10 8:41 PM

#153806 RE: lbdave #153795

I think whats nice is they thought this thing out completely, you bring Fred in, who has experience to Candian Tire, and he can walk into a CT store and say, listen, here are the numbers in Toronto for the past 4 months at a canadian tire store, and hey I worked at canadian tire, I know what sells here, etc etc. Good idea starting with them. Choo choo