Preview

Canadian Tire Sw

Good Essays
Open Document
Open Document
358 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Canadian Tire Sw
Canadian Tie is one of Canada’s most-shopped general retailers, offering everyday products and services to Canadians through more than 1,700 retail and gasoline outlets from coast-to-coast. Canadian Tire Corporation has many strengths as an organization. First and foremost, they enjoy a strong and loyal customer base. Their long history as a Canadian company has helped them in this regard, as many of the existing Canadian competitors have been purchased by foreign corporations over the years. They also have one of the most recognizable trademarks in the country. Another strength of the company is its diversity. They currently provide a wide range of goods and services to their customers – including automobile parts and service, financial services, clothing, hardware, and housewares. They also have one of the longest-running customer rebate programs of any retailer – that is, the Canadian Tire money that customers receive after making their purchases.
The major weakness of Canadian Tire is that in the past, they have periodically lost their focus on customer service. They have taken their customers for granted, assuming that the customer would always return to the store regardless of how they were treated. Because of this, they have occasionally lost market share. The company has also failed to recognize the changing demographic of Canada (immigration, different cultures). The stores tend to focus on their historical customer – the adult white male. They have failed to widen their focus to women and different nationalities such as Chinese and Indian customers. Another weakness of the company is its failure to expand successfully beyond Canada. This has put limits on the company’s growth.
SWOT ANALYSIS

Strengths:
• Has a very strong and loyal clientele.
• Offer a range of goods and services that meet life’s everyday needs, including general merchandise such as clothing, petroleum and financial services.
• Offers a chain of automobile parts and professional

You May Also Find These Documents Helpful

  • Satisfactory Essays

    3. Market density: Canadian tire is one of the most shopped general merchandise retailers. A CT store is within 15 minutes reach of 90 per cent of Canadians and has 1200 stores across Canada.…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    B120 TMA 01

    • 932 Words
    • 4 Pages

    Goods and services are provided to customer requirements as part of operations in the business.…

    • 932 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Canadian Tire Corporation, Limited is one of the 60 largest publicly traded companies in Canada. The corporation has an interrelated network business targeting in retailing goods, apparel, petroleum, and the financial and automotive services. Canadian Tire has more than 58,000 employees across Canada working in offering goods and services that can meet Canadians’ every day needs under one the nation’s most trusted…

    • 4124 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    This report stems from the request for an in-depth analysis of the Canadian Tire Corporation.…

    • 10245 Words
    • 41 Pages
    Powerful Essays
  • Good Essays

    A Canadian Tire History

    • 413 Words
    • 2 Pages

    In 1922, John W. and Alfred J. Billes buy Hamilton Tire and Garage Ltd in Toronto. One year later, the two sell their garage and move to a new location under the name "Canadian Tire. By 1927, Canadian Tire was officially incorporated. In 1934, Canadian Tire had its first associate store open in Hamilton. This served as a catalyst in the development of the company's expansion across Canada. In 1937, A.J Billes introduces a new and innovative idea to draw attention to their store, clerks on roller skates. This was the first retail store ever to do this. By 1958, the company had expanded and opened their first gas bar. At these gas bars, customers received coupons. These coupons would later be known as "Canadian Tire Money." This money would later accepted at all Canadian tire locations and could be used to purchase anything in store. In 1968, Canadian Tire inducted Midland Shoppers Credit Limited into their business under the name Canadian Tire Financial Services. On their 50th anniversary, Canadian Tire opens its first store in the province of Saskatchewan. In 1980, Gross operating revenue exceeds 1 billion dollars. The company has 334 associate stores and 116 gas bars. In 1993, Canadian Tire makes Canadian history by launching the most extensive store renewal and redevelopment program. The program seeks to reformat the stores and creates a better customer experience nationwide. In 1995, Canadian Tire Financial Services makes history again attracting global fame as it becomes the first non-deposit taking, financial institution in the world with its "Options MasterCard". In 1999, Canadian Tire launched its "Foundation for Families." Canadian Tire applies its Next Generation Store Format in hopes of delivering new features, products, and services to customers. In 2001, Canadian Tire launches its own website quickly becoming one of Canada's busiest E-Commerce sites in the country. Canadian Tire Jumpstart is launched in 2005. Jumpstart helps…

    • 413 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The purpose of this paper is to explain and evaluate the marketing activities of Discount Tire Company. The name Discount Tire Company and the abbreviation DTC may be used interchangeably within this paper. It is my intent to expound upon the marketing activities that have made this company so successful. I contend that, in a down economy, these marketing activities have allowed the company to remain ahead of its competition.…

    • 2474 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    To achieve the goals of the project, what are the main products or services the…

    • 715 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    The first official Canadian Tire Store was opened in the year 1923 in Hamilton John Williams Billes and Alfred Jackson Billes with its headquarters situated in Toronto, Ontario. Canadian Tire Corp is also well known to sell a variety of products and services; namely Automotive, sport and leisure, and home products. ("Canadian Tire", 2016). According to the ("2015 – Year in Review", 2016), this corporation also holds a family of retail companies and services namely: Canadian Tire Financial services(which was engaged in marketing and promoting the brand), CT Reit, Gas+(To ensure you stay en route to your destination), Mark’s(known as L’Equipeur in quebec is an apparel retailer), FGL Sports Ltd(included Atmosphere, Sport Chek, Sports Experts- were in charge of the sport-related products, athletic apparel, and sport equipments) Partsource(automotive stores), National Sports, Canadian Tire Petroleum(gasoline retailers) and jumpstart charities(to break down the barriers between kids and the field).…

    • 482 Words
    • 2 Pages
    Powerful Essays
  • Good Essays

    Canadian Tire

    • 710 Words
    • 3 Pages

    Many critical factors caused the company’s failure in the United States. In the early 1980s, the United States faced a severe recession due to the establishment of a contractionary monetary policy which reflected negatively on the American economy. Other factors to consider is the fact that Canadian Tire poorly chose to open up its stores in underdeveloped areas. Furthermore, one of the disadvantages in the beginning of a global expansion includes the loss of control. As a result of these factors, the American stores didn’t experience much growth and stores had to continuously slash prices on already low priced products. With low rates of growth and increasing competition from retail companies such as Walmart and Target which had a large group of loyal customers, Canadian Tire stood no chance in the American market.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Canadian Tire Case

    • 656 Words
    • 3 Pages

    Michael Eubanks of Canadian Tire Corporation (CTC) is in charge of the implementation of a business intelligence (BI) system for the company. This implementation began in 2003 and was to be completed in 2005. In 2006, the project is only in the 2nd of 3 phases. He is now faced with a problem. The implementation is going much slower than he anticipated. His goal is to implement BI as soon as possible, so what does he need to do so that he can reach this goal?…

    • 656 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Assisting in shopping, recreation aimed at creating a supportive atmosphere where Service User can achieve maximum independence.…

    • 927 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The economic environment has impacted Belle Tire and its customers by increasing the auto repair industry over the last several years. As the economy slowly improves, customers are hesitant to buy new cars and thus have a greater need for auto repairs and maintenance. This impacts Belle Tire by increasing the amount of people who need vehicle maintenance and repair work. When looking at the impact of the socio-cultural environment on Belle Tire and its customers, the biggest factor is time orientation.…

    • 491 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    A list of what the organisation produces or the services that it offers to its customers:…

    • 2205 Words
    • 9 Pages
    Better Essays
  • Better Essays

    The manufacturing industry in Canada is huge as labour cost is low which attracts the attention of major automobile companies in the U.S. By doing so, the cars sold and owned in Canada are mostly American brands. In fact, as of April 2018, the top three brands of cars sold in Canada are Ford, Toyota, and Chevrolet which is American. Although the cars are made in Canada, the majority of them are American, showing how Canada’s automobile industry is largely controlled by the U.S. Furthermore, the softwood lumber industry in Canada, providing thousands of jobs for people, is one of the most important relationships with the United States.…

    • 1083 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    4. What are the primary products or services of the corporation? – The company sells approximately 30 different styles of animals that can be stuffed. They also sell clothes, shoes, and accessories for said animals.…

    • 1524 Words
    • 8 Pages
    Powerful Essays