Will Crappy Tire Survive The Coming Competition?


Good thing business is measured AS A WHOLE!!! Challenges on one side offset and then some by strengths in a different area of the business. So my answer is UP. Sales are UP UP UP. Profits are UP UP UP.

Take a stand...okay i'll take a stand again. You STILL know nothing about business. YOU STILL know nothing about retail. You're STILL just a pissed off consumer who thinks he's making a difference.

Now about those claims you care not to address?
You claimed just a short while ago that we paid too much for Forzani. Paid too much to close under performing stores. Bought an insolvent company. NOw you claim that they're keeping us alive.
Which is it? Care to take a stand?
 
It's important to compare apples to apples.

Not like our 'friend' The Moaner would like to do.

Not U.S. retailers to Canadian retailers.

Not clothing stores (like Winners, for God's sake) to general retailers.

Not gas stations or credit card companies or roadside assistance suppliers.

Not other banners that are unrelated to the Red Triangle of Crap.

Or other stores they bought, but haven't yet been able to trash.

It's also important to note that people like The Moaner will claim that 0.4% profit is "great".

And this claim that profits and "UP UP UP"? No evidence to back that up at all. Like most of their claims.


But when it comes to your local Red Triangle of Crap store? Things aren't going so well.

That's one of the many things our 'friend' The Moaner would like to hide! Just like the fact that their store has the worst policies around - "Don't Bring it Back"!
 
You claimed just a short while ago that we paid too much for Forzani. Paid too much to close under performing stores. Bought an insolvent company. NOw you claim that they're keeping us alive.
Which is it? Care to take a stand?

Sorry I must have missed your response to your retail market analysis.
 
It's simple economics. Paying too much for an asset is a poor move, even if improves cash flow. It's called return on investment. Have fun paying off all that assumed debt, LOL. But this matters to investors, not to an actual 'owner'.
 
Oh, before I forget, where's at that evidence you kept saying you had, about every single retailer of automotive batteries in all of Canada? Still waiting, LOL!
 
You just can't please some people. You can spin it arounf, upside down any way you want but in the end the fact remians CTC is doing good. Marks, Forzani, CTFS, and yes cth8r even retail.

Sorry to disappoint you but its time you pull up your big boy panties and admit it....CTC is a good profitable company. Like all companies there are always some bad apples but overall I think we do pretty good.

Could retail sales be better? Sure, of course, and one day they will come back to a reasonable 3-5% same store sales growth but until then we can lean on our other investments and keep the cash coming in.

So sad to burst your bubble but we are gonig to be around for the next 100 years at least so might as well get used to it.
 
So, which is it, Dave,

Is 0.4% same-store year-over-year growth "doing good"?

Or is it actually "unreasonable"?

Which is it? (Hint: it can only be one of the two)

I'll give you some time to come up with just one answer to that simple question.

In the meantime, I'd have to agree with you that the Red Triangle of Crap stores are the "bad apple" in the CTC basket.

And it might not be worth it to keep sucking the life out of all the other banners, just to keep the lights on at these chaotic dinosaur stores, when the big boys are coming north to eat your lunch for you.

Just something to consider why you decide exactly what "0.4%" means ...
 
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Oh, one more thing, Moaner.

Where's your evidence that "Canadian Tire has in fact changed ways that some refunds can be given to customers"?

You made this claim some time ago, but still haven't backed it up. I'm sure you've just been busy, LOL!
 
With just a few months to go before Target arrives to steals their customers, Crappy Tire is getting deperate. They are hoping 6 months of pricey ad compaigns will make up for years of poor customer service and deplorable return policies.

Good luck with that, Crappy Tire!

Pumping up the
 
Speaking about 'competition', guess which pro-consumer agency is back in the news?

Competition Bureau sues Rogers, Bell, Telus $10M each over texting services

You might remember them as the people who convicted Canadian Tire Corporation of conspiring to fix prices.

Great Job, Competition Bureau!

I wonder when they'll decide to go after Crappy Tire for their 'bait and switch' tactics, with so-called "sales" on products that aren't stocked in realistic quantities, if at all?
 
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Interesting views from the Ottawa Citizen:

Column: Appeals to patriotism won

Some of my favourite parts:

"If patriotism mattered in Canada, Eaton’s would still be in business ..."

"If Canadian Tire really thinks that Canadians will patronize its stores because it is Canadian, it doesn’t know Canada."

"If Canadian stores want to survive in the new retail world, they will have to compete on location, service, selection and price."

Read more here: http://www.ottawacitizen.com/opinio...riotism+Canadian+retailers/7256406/story.html

Indeed, it will take more than a few maple leaves, to make up for years of shoddy service, rip-offs, and the worst return policies of any major retailer in the country.
 
Andrew Cohen pointed out that Crappy Tire's new campaign say nothing more than, "We're Canadian - so buy our Chinese crap".

Then CEO Steve Whatsizname zinged back with a snappy retort: "We've been Canadian for 90 years - so buy our Chinese crap"

Proudly Canada's Store
 
CEO Stevie got his nads in a knot when the Citizen columnist pointed out the obvious flaws in Crappy's recent TV spots.

So I guess ol' Stevie needs to rein in his subordinate Allan MacDonald, senior vice-president of marketing and automotive, who went off-message regarding the recent "Buy Our Chinese Crap Because We're Canadian" propaganda campaign:

"executives do not believe that consumers will be loyal to the company because of its roots or nationality."

“We don’t expect Canadians to go easy on us in choosing a retailer because we happen to be Canadian.”

I guess Swaggering Steve will have to post a second letter-to-the-editor, this one to The Post, contradicting everything his own VP Marketing said, LOL!

Read more rogue comments from "Off-Message MacDonald" here: Canadian Tire seeks winning play for its Sport Chek brand | Retail | News | Financial Post
 
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I think Steve is right in this case. I have seen some of the commercials that will be used in this upcoming campaign, and only one relies on the "We are Canadian" message. They all revolve around Canadian Tire being 'Canada's Store' however only one is going to dig into this. The rest are all focused on product categories.

The article was written based on one commercial, like Steve mentioned. Hardly good journalism.
 
wantyounow said:
I think Steve is right in this case.
Click to expand...

Well, of course you do, Bucko.

That's because you're just another corporate shill, blinding agreeing with whatever Da Boss Man sayeth.

But if we're taking votes? I say he's wrong, just like his underling in Marketing said. See? There are other options, besides being a mindless yes-man.

wantyounow said:
I have seen some of the commercials that will be used in this upcoming campaign, and only one relies on the "We are Canadian" message.
Click to expand...

Isn't it fascinating, how you Crappy People continue to make unprovable claims. Some things never change, LOL!

wantyounow said:
The article was written based on one commercial, like Steve mentioned. Hardly good journalism.
Click to expand...

Interesting self-serving opinions.

Personally, I agree with the many Canadians who believe that Crappy Tire doesn't even deserve to use the name of our beloved country in their store name.

And nobody has the right to unilaterally decide that they somehow can lay claim to being our store.

The reports on this thread are powerful evidence of how little Crappy Tire deserves such a title.

Although "Canada's Rip-Off Store" does have a satisfying ring to it.
 
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Well, now. Should we believe what Probationary Member "wantyounow" says?

Or should we instead believe those lying jerks at the Globe and Mail and the National Post, LOL?

It will be easy to decide.

wantyounow wrote, "only one" commerical "relies on the "We are Canadian" message", and "The rest are all focused on product categories."

So, we just need to see even ONE MORE commercial, that fails to focus on a product category, and instead talks about the general Crappy Tire brand.

This should be conclusive, because The Globe says, "Whereas in the past it focused more heavily on product-centric ads, these will now run alongside a more even balance of broader spots focusing on the overall brand".

Read more here: http://www.theglobeandmail.com/repo...p-the-canada-in-canadian-tire/article4543680/

Whom to believe? The person who calls themselves "wantyounow"? Or people known as The Globe and Mail and The Ottwaw Citizen?

Personally, I predict that wantyounow will be shown to be just as misinformed and deceptive as Moaner1/LiarGuy/CT-Me and Angry CT Guy have been all along.

Let's just watch and see ...
 
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Oh-oh!

Now Barclays is echoing the Bloomberg report from July:

"There is not doubt that Canadian Tire will suffer some sales erosion to Target, particularly in Target’s perceived ’go to’ categories such as housewares, apparel and seasonal merchandise".

Wow, aren't those the categories that the Crappy People have been trying to boost lately, to get the ladies in the door?

Ouch!

But the good news is, the Crappy Stores that are far away from a Target store will be able to hang onto any remaining "loyal customers".

(Assuming these customers don't figure out that Crappy's return policy is "Don't Bring It Back", LOL!).

More here: Target Canada to steal sales from Canadian Tire, Sears: Barclays | Retail | News | Financial Post
 
Actually, the "coming competition" might already be here.

It turns out that the lowly Dollar Stores, such as Canadian-owned Dollarama, are a real threat:

Canadian Tire is "trying to recapture shoppers who are drifting to dollar stores"

"The fastest-growing sector in Canadian retailing, dollar stores are forcing mainstream merchants [including] generalist Canadian Tire Corp., to step up their own dollar promotions."

The dollar stores have many advantages. For instance, consumers expect them to have poor return policies, so when there are problems with products, people don't have the same expectations as they would for Crappy Tire.

Plus people expect the quality of the merchandise to be lower, based on the low prices, so they are less likely to be unsatisfied - they basically already know they are buying junk.

How Canada's retailers discounted the rise of the dollar store - The Globe and Mail

We've all seen how Crappy Tire wants to offer low-quality products with poor return policies, but doesn't want to offer the same low prices as the dollar stores.

But Canadians who want to buy from a Canadian store but still save money have lots of choices.

Well, Crappy Tire, good luck with your plan to invade the Dollarama market, LOL!
 
A lot of people don't realize that the same people who run the Red Triangle of Crap stores, also run the Marks Work Warehose stores.

And, the Work Wearhouse stores are also at risk with the impending arrival of retailers like Target, especially when it comes to sales of women's clothing.

After trying so hard to get women to walk into their Red Triangle of Crap outlets, as well as the Work Wearhouse outlets, they are understandably worried that Taget is going to steal these women away, and their spouses and families with them.

But this story points out the inept approach that Crappy Tire Corporation is using, in an attempt to attract more women to Work Wear ... But could instead be driving them away:

WTF Wednesday: Mark's Work Wearhouse is "Now Accepting Women"? | This Magazine

Nice job, Crappy People! I wonder what competing retailer will be the Target destination for all the women you've offended, LOL!
 
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