New formats

Canadian Tire Retail has planned 36 new stores in all for this year, including two new store formats that are expected to be tested in the second half of the year. For smaller catchment areas, a new retail area concept (1 300 to 1 700 m²) has been developed for combined Canadian Tire/Mark’s locations with attached petrol station. The second format is the “Smart Store”, which is likely to be used in the forthcoming phase of renovation of existing outlets. The aim is to reduce renovation costs, manage the appearance of product lines better, create shopping experiences with boutiques, simplify aisle layouts and install self-service check-outs.