With recent news of Bed Bath & Beyond locations being acquired while other retailers vacate spaces, the landscape is shifting for a variety of reasons says an expert.
The retailer has launched a range of products including athleisure and other categories to gain market share at Sport Chek and Sports Experts stores in Canada.
Other News: Costco shuts in-store photo departments, grocery banners merge into Pattison Food Group, Amazon climate pledge grows, former Hard Candy Gym space comes to market in Toronto.
Next week, the final two events in RCC’s 2019 series will feature two powerhouse retail companies whose influence is far reaching across Canada: Canadian Tire Corporation on December 10th, and Loblaw Companies Limited on December 12th.
The largest location for the chain includes ample use of technology and other experiences such as ‘cold room’ and Canada’s first ‘rain room’. It also boasts the largest sports footwear retail space in the country, at a time of unprecedented competition as many brands open their own stores.
Other News: Bailey Nelson Continues Rapid Expansion, Lululemon Launches Post-Workout Beauty Range, CF Toronto Eaton Centre Canadian Tire to be Renovated.
Canadian Tire has been ranked as one of Canada's best managed companies. It's being recognized for its high-performing culture and innovative business strategy. The award is part of a program sponsored by Deloitte, CIBC, National Post, Queen's School of Business and Mackay CEO Forums.