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Encyclopedia > Canadian tire
Canadian Tire Corporation, Limited
Type Public
Founded 1922
Headquarters Flag of Canada Toronto, Ontario, Canada
Key people Alfred J. Billes (co-founder)
J. William Billes (co-founder)
Industry Retail
Products Automotive, Sports and Leisure, and Home Products
Employees 45,000
Website Official Website (English version)
Official Website (French version)

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 unique selection of 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. This article does not cite any references or sources. ... Year 1922 (MCMXXII) was a common year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... Image File history File links This is a lossless scalable vector image. ... Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ... hey man whats up ... John William Billes (1897 - November, 1956) was a Canadian businessman and co-founder of Canadian Tire. ... This article is about work. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... “TSX” redirects here. ... A typical Marks Work Warehouse store Marks Work Wearhouse is a Canadian clothing retailer. ... PartSource is an automotive parts retail store owned by Canadian Tire. ... Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ...


The chain is also known for its Canadian Tire "money" which is a pioneering loyalty program first introduced in 1958. It is also known for its innovative advertising. The 5 cents and 10 cents denominations of Canadian Tire money Canadian Tire money (CTM) is a loyalty program by Canadian Tire. ...

Contents

History

A Typical CT Store
A Typical CT Store

The first Canadian Tire store opened on September 15, 1922 in Toronto, Ontario by J. William Billes and Alfred J. Billes. This store, which was located at the corner of Yonge and Isabella, bought Hamilton Tire and Garage Ltd. in Toronto's east end with combined savings of $1,800.[1] In 1934, the first official associate store opened in Hamilton, Ontario.[2] In 1937, the store and head office was moved to Yonge St. and Church St. This location remains as an associate store in the chain today. In 1928, the store issued its first catalogue, becoming one of Canada's most famous mail order businesses. To this day, the company has grown to over 465 stores. A publicly traded company on the Toronto Stock Exchange, Canadian Tire shares are widely held. is the 258th day of the year (259th in leap years) in the Gregorian calendar. ... Year 1922 (MCMXXII) was a common year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ... John William Billes (1897 - November, 1956) was a Canadian businessman and co-founder of Canadian Tire. ... hey man whats up ... Yonge Street at North York Centre. ... Year 1934 (MCMXXXIV) was a common year starting on Monday (link will display full 1934 calendar) of the Gregorian calendar. ... Motto: Together Aspire - Together Achieve Location in the province of Ontario, Canada Coordinates: , Country Province Incorporated June 9, 1846[1] Government  - Mayor Fred Eisenberger  - City Council Hamilton City Council  - MPs List of MPs Dean Allison Chris Charlton David Christopherson Wayne Marston David Sweet  - MPPs List of MPPs Sophia Aggelonitis Andrea... Year 1937 (MCMXXXVII) was a common year starting on Friday (link will display the full calendar) of the Gregorian calendar. ... Year 1928 (MCMXXVIII) was a leap year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... It has been suggested that this article or section be merged with Mail order. ... This article does not cite any references or sources. ... “TSX” redirects here. ...


Canadian Tire Corporation has tried on two occasions to expand into the US market. In the 1980s the White Auto Store chain, concentrated in Texas was acquired and cost Canadian Tire $200 million to fold. In the 1991 a second attempt with the Auto Source chain with grand plans of 100 to 120 outlets in the US Midwest was started. The Auto Source chain was sold costing the company a reported $80.6 million.


Canadian Tire has experienced a period of significant growth and success, having transformed its store network in three major waves beginning in 1994. In its last five-year strategic plan it attained top-quartile total returns to shareholders among all publicly traded North American retailers, with a total return of 286%.


An alternate history is that the founder Joseph Quentin Canadiantire (January 14, 1872 - September 27, 1950) was a famed oil prospector, gold magnate and shipping tycoon famous for inventing the 'Canadian Tire' chain of stores. He was also a notorious philanderer and borderline pedophile. He opened the very first one in Yellowknife, NWT but quickly shut it down after he murdered the town mayor and his wife in a card game gone awry. He then fled to Thunder Bay where he opened up again and began trading not beaver pelts or meats but dreams. His claim was that using ancient Haida techniques he could create your dreams into reality. He was later imprisoned for fraud and lude conduct as all the dreams he created involved him nude. It was at this time in 1902 that he created the Canadian Tire Money which he actually tried to pass off as real money. He was arrested but the money was a big hit and soon he was handing it out after each purchase. Then in 1910 he burned the store down to try and take a slice of his insurance claim he had on the business. He then befriended a young Tim Horton and the story continues.


Store brands

Certain merchandise items are branded specifically for Canadian Tire. The most recognized of these are Mastercraft (tools), SuperCycle (bicycles) and Motomaster (tires, batteries and other automotive goods). Motomaster is a line of automotive products sold exclusively at Canadian Tire stores. ...


Divisions

Canadian Tire Retail

Canadian Tire Stores are each operated by an Associate Dealer. The buildings and lands are owned or leased by the Corporation, and everything inside the building, from fixtures to merchandise, is owned by the Associate Dealer. There are more than 450 stores across Canada. Canadian Tire Stores offer customers a large selection of both national and retail brands under one roof. 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 many of its old traditional and new-format stores, as well as built new stores, into its new Concept 20/20 format. These new stores feature more retail space as well a new setup that is easier to navigate. Some smaller stores have been closed. The largest Canadian Tire store is located in Dartmouth, Nova Scotia at Dartmouth Crossing.


Online Store

Canadian Tire Online is an online purchasing system where customers of Canadian Tire can choose to either provide a representative with their billing and shipping information over the phone and then have the goods selected delivered to their home via mail or courier service. Customers also have the option to place the order themselves on the Canadian Tire website. While revenue from store purchases go primarily to the dealer, the revenue from online and telephone shopping goes directly to Canadian Tire Corporation.


Partsource Automotive Stores

PartSource is an automotive parts and accessories specialty chain, which has 70 stores in Ontario and Western Canada. 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. PartSource is an automotive parts retail store owned by Canadian Tire. ...


Financial Services

Canadian Tire Financial Services is the credit arm of the company. This division operates a bank, under Canada's Bank Act. Since achieving the bank designation, Canadian Tire Financial Services has launched additional credit and loan products including Personal Loans and Lines of Credit. Its primarily business is branded credit cards, that give customers a choice of payment options, as well as extra Canadian Tire Money. CTFS also markets a variety of insurance and warranty products, and operates an emergency roadside service. The division also manages the Canadian Tire 'Money' On the Card loyalty program to credit card customers. Canadian Tire Financial Services is the credit arm of Canadian Tire. ...


Canadian Tire Petroleum

Launched in 1958, Canadian Tire Petroleum is Canada's largest independent retailer of gasoline. It has more than 260 locations as well as more than 70 Simoniz car washes in Canada. In Ontario, Canadian Tire Petroleum also operates a network of 13 Pit Stop locations offering customers a variety of automotive services including oil changes, rust check and other services. Canadian Tire's famous "Canadian Tire Money" loyalty program was launched through the gas bars as "Gas Bonus Coupons". The program proved so popular that it was later expanded to the entire enterprise.


Canadian Tire was the world's first hard goods retailer to begin selling gasoline at their stores as a means of driving customer traffic. This model has since been copied by most of the world's top hard goods retailers, including Wal Mart, Home Depot, Real Canadian Superstore/Loblaw's, and Safeway.


CTP has opened 3 'Q' stop stores featuring a mini-grocery store as well as other items.


Mark's Work Wearhouse

Mark's Work Wearhouse has become Canada's largest supplier of unisex apparel. It offers an extensive collection of business casual, weekend and work wear clothing and accessories for men and women. Mark's Work Wearhouse operates more than 340 stores across Canada including L'Equipeur stores in Quebec. A typical Marks Work Warehouse store Marks Work Wearhouse is a Canadian clothing retailer. ...


Marketing

Canadian Tire Money

Main article: Canadian Tire money

Canadian Tire "money" distinguishes the company from other retailers in Canada. These coupons, an incentive for non-credit purchases, are a national cultural fixture and feature the fictional character Sandy McTire on every bill. Customers using Canadian Tire's Options Mastercard for their purchases also received an additional 20% Canadian Tire money, in electronic form, on the card. The 5 cents and 10 cents denominations of Canadian Tire money Canadian Tire money (CTM) is a loyalty program by Canadian Tire. ...


The 20% bonus was discontinued in July 2006.


Advertisements

For many years, Canadian Tire's Christmas ads featured Santa Claus and Ebenezer Scrooge arguing about whether Canadian Tire's great selection or their low prices are the better reason to do your Christmas shopping there, with the tagline "Give like Santa, save like Scrooge". A stamp was issued by Canada Post commemorating Canadian Tire's 75th anniversary which depicted the famous ad of a boy receiving his first bicycle which was purchased by his father at Canadian Tire. A typical depiction of Santa Claus. ... Ebenezer Scrooge encounters Ignorance and Want in Dickenss novel, A Christmas Carol Ebenezer Scrooge is the main character in Charles Dickens 1843 novel, A Christmas Carol. ...


In recent years, the company's ads have featured the "Canadian Tire couple". The male role was played by Canadian actor Ted Simonett, and Gloria Slade played the female role. They are usually showing off a new product to one of their neighbours, who are in need of a certain tool. The 'Canadian Tire Couple' were once featured on Royal Canadian Air Farce as one of their targets of the year, as "Canada's most annoying couple". Ads featuring the couple were phased out in mid-2006. Ted Simonett Ted Simonett (born 1953) is a Canadian actor most widely known for his work in Canadian Tire television commercials. ... Gloria Slade is a Canadian actress whose roles were mostly in television. ... Royal Canadian Air Farce (usually abbreviated to Air Farce) is a Canadian comedy troupe that starred in an eponymous radio show on CBC radio from 1973 to 1997, and currently star in a top-rated television show, broadcast on CBC Television. ...


The Company is one of Canada's largest advertisers, and has nearly universal unaided brand awareness.


Slogans

  • 1970s: "It's for people like you"
  • 1980s: "There is a lot more to Canadian Tire than tires"
  • 1992: "There is a lot more for a lot less"
  • 1997: "Canadian Tire, still the right place"
  • 2001: "I'll start with you" (Originally from a song released as a solo in 1992 by Paulette Carlson, the lead singer of country group Highway 101)
  • Various Christmas seasons: "Give like Santa, save like Scrooge" "Scrooge Approved prices"
  • 2006: Let's Get Started

The 1970s decade refers to the years from 1970 to 1979, also called The Seventies. ... The 1980s refers to the years from 1980 to 1989. ... Year 1992 (MCMXCII) was a leap year starting on Wednesday (link will display full 1992 Gregorian calendar). ... For the band, see 1997 (band). ... This article is about the year. ... Paulette Tenae Carlson (born October 11, 1953 in Northfield, Minnesota), is a country singer who rose to fame as lead vocalist for the country band Highway 101. ... The original members of Highway 101 from left to right: Curtis Stone, Paulette Carlson, Jack Daniels, and Cactus Moser. ... For other uses, see Christmas (disambiguation). ... A typical depiction of Santa Claus. ... For other uses, see A Christmas Carol (disambiguation). ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...

References

  1. ^ Canadian Tire: Our Story (Official Web site). Retrieved on 2007-01-29.
  2. ^ The Hamilton Spectator- Souvenir Edition page MP38 (Saturday June 10, 2006). "The Hamilton Memory Project;". Press release. Retrieved on 2007-01-29.

Image File history File links Question_book-3. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 29th day of the year in the Gregorian calendar. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 29th day of the year in the Gregorian calendar. ...

See also

Motomaster is a line of automotive products sold exclusively at Canadian Tire stores. ... // This is a list of department stores. ... The NASCAR Canadian Tire Series is a NASCAR series in Canada. ...

External links

  • Official website
  • Canadian Tire Currency -- Canadian Tire Currency Picture Catalog Index, 1958-2003 Issues

  Results from FactBites:
 
Canadian Tire - Wikipedia, the free encyclopedia (1282 words)
Canadian Tire stores are unusual in the retail world as they are all independently owned and operated companies in and of themselves.
The 'Canadian Tire Couple' were once featured on the 'Air Farce' As one of their targets of the year, as "Canada's most annoying couple".
Canadian Tire Online is an online purchasing system where customers of Canadian Tire can choose to either provide a representative with their billing and shipping information over the phone and then have the goods selected delivered to their home via mail or courier service.
Canadian Tire money - Wikipedia, the free encyclopedia (708 words)
It was only available at Canadian Tire gas bars, but was so successful that in 1961 it was extended to the retail stores as well, and has become the most successful loyalty program in Canadian retail history.
Canadian Tire money is given out for purchases paid for by cash or debit, usually at a rate of 1.5% of the pre-tax total.
Canadian Tire dollars are the main topic of the song La Chute du dollar by popular Quebec singer Mononc' Serge.
  More results at FactBites »


 

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