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Canadian Tire Essay

664 Words3 Pages

Canadian tire is one of the largest retailer stores in Canada (http://money.ca.msn.com/investing/canadas-largest-retailers) and they have divisions like Canadian Tire, PartSource Automotive stores, Petroleum, Marks and various FGL sports banners. Canadian Tire is the company’s flagship banner and it is one of the most shopped merchandise retailers with 491 retailer stores across the country and all these stores are run by a third party operators called dealers, who is independent business owners. The operation of CTC is like; dealers buy merchandise from the retailer and sell to the customers through the Canadian Tire stores. The Canadian Tire has several operational areas like living, fixing, playing, automotive, seasonal and gardening categories, …show more content…

In addition, the retailer has real estate and construction services provided through Canadian Tire Real Estate Limited, a wholly owned subsidiary of CTC. The company’s relationship with each dealer is governing by an individual dealer contract pursuant to which each dealer agrees to operate the retail business of a Canadian Tire store under the Canadian Tire name and to use his or her best efforts personally to manage his or her Canadian Tire store at its maximum capacity and efficiency. Each Dealer owns the fixtures, equipment and inventory of, and is responsible for the store staff and operating expenses for, the Canadian Tire store he or she operates. Each dealer has to agree to comply with the policies, marketing plans and operating standards prescribed by Canadian Tire, including purchasing merchandise primarily from Canadian Tire and offering merchandise for sale at prices not exceeding those set by Canadian Tire. In April 2013, the Company announced that discussions with its …show more content…

Mark’s also conducts a business-to-business operation under the name “Imagewear, a Division of Mark’s Work Wearhouse”. They have men’s and women’s casual wear, industrial wear, footwear and accessories in their stores. The major quality of Mark’s has 100% satisfaction guarantee on everything it sells (Canadian Tire 2013 Annual Report). Rich White is the chief operating officer for the Mark’s Work

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