Content about Canadian Tire Corp.

February 25, 2012

Canadian Tire Corp. (CTR) has announced the appointment of Marco Marrone as its new chief operating officer of the company’s core retail business. Marrone will have oversight of all of CTR's operations, including merchandising, marketing, supply chain, and store operations, including dealer relations.

January 12, 2012

Toronto-based Canadian Tire Corp. has implemented a Vendor Management program from Soft Solutions, a provider of global intelligent retail systems.

The deployment of the ibs Referential Vendor Management solution started with ibs pricing and ibs promotions, followed by the deployment of the full version of ibs referential for retail organizations and product management (PIM, MDM).

May 10, 2011

Canadian Tire Corp. has signed an agreement to purchase The Forzani Group (FGL), Canada’s leading sporting goods retailer with 500 outlets across the country and revenues of $1.4 billion a year. The all-cash deal, in which Canadian Tire will purchase all the outstanding shares of FGL for $26.50 per share, has the support of the FDL board of directors, which is recommending to its shareholders to tender their shares to the offer. It is expected to close in the third quarter of 2011 pending regulatory approval.