Canadian Tire Corporation, Ltd., is one ofCanadas most recognized retail chains. Founded in Toronto bybrothers J.W. and
Question:
Canadian Tire Corporation, Ltd., is one ofCanada’s most recognized retail chains. Founded in Toronto bybrothers J.W. and A.J. Billes, the company got its start when thebrothers bought the Hamilton Tire and Garage in 1922. In 1927, theyincorporated the business as the Canadian Tire Corporation. Stillheadquartered in Toronto, the company operates a network of 1,700stores and gas bars that extends to every province and territoryexcept Nunavut. Canadian Tire owns Mark’s Work Wearhouse, HellyHansen and FGL Sports, including the retail companies Sport Chek,Atmosphere and Sports Experts. It is a public company that tradeson the Toronto Stock Exchange under the symbol CTC. In 2019,CanadianTire registered $14.5 billion in revenue and $895 millionin profit and held $19.5 billion in assets.
In your group discuss the external environment that impactCanadian Tire’s business and upload your report on your groupchannel.
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,