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  September 5, 2001
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Home > Company Index > Retail > Auto Parts Retailing & Wholesale > Canadian Tire Corporation, Limited

Canadian Tire Corporation, Limited
 PROFILE
Don't be fooled by the modest name: Canadian Tire sells much more. Some 440 Canadian Tire stores run by a network of associate dealers throughout Canada sell home, car, and sports and leisure products. In the midst of a major remodeling effort, the company's reformatted stores (which are bigger and brighter) are bringing in about 55% more sales per store. Canadian Tire is also one of the country's largest independent gasoline retailers, with more than 200 outlets. It is expanding its PartSource auto parts chain (catering to serious mechanics) throughout Canada. Brothers John and Alfred Billes started Canadian Tire in 1922. Alfred's daughter Martha, who is a director, owns about 61% of the company.

 COMPETITION
Hudson's Bay Company (HBC)
Sears Canada Inc. (SCC)
Wal-Mart Stores, Inc. (WMT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,474.50
1-Yr. Sales Growth: 6.3%
Employees: 5,625
Revenue per employee: $617,688.89

 KEY PEOPLE
• Wayne C. Sales
    CEO
• J. Huw Thomas
    CFO

 CONTACT INFO
2180 Yonge St.
Toronto Ontario M4S 2B9, Canada
Phone: 1-416-480-3000
Fax: 1-416-544-7715
Online: Web Site

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