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Thread: Will Crappy Tire Survive The Coming Competition?

  1. #131

    Re: Will Crappy Tire Survive The Coming Competition?

    What 2 letters does this remind me of?

    "oh-oh"!

    "A study from Brand Finance Canada released Monday found that Target's brand strength in Canada is already considered nearly as valuable as domestic retailers like ... Canadian Tire ..."

    Read more: Target's first Canadian stores including Guelph, Fergus, to open Tuesday | CTV Kitchener News

  2. #132

    Re: Will Crappy Tire Survive The Coming Competition?

    Here's an interesting comparison:

    Canadian Tire, with 90-something years of history, has been Liked on Facebook 745624 times.

    Target Canada, which hasn't even OPENED YET, has been Liked on Faceboook 856484 times.

    Ouch!

  3. #133

    Re: Will Crappy Tire Survive The Coming Competition?

    Looks like this got missed, when it first came out. 'Leger' had consumers rank retailers in Ontario and Quebec.

    People were asked to ranked then on "customer experience dimensions, including product quality, variety, staff courtesy, ambiance and wait time at checkout".

    Not surprisingly, people gave Crappy Tire very poor ratings.

    They came in at roughly 70th place, LOL! Behind major competitors like Rona, Costco, Home Hardware, Home Depot, Etc.

    CT was kind of tied with Sears, but better than Zeller's. Oops! Maybe there's some writing on the wall? LMAO!


    Top-rate Retailing: Customer Experience Index results | Marketing Magazine
    Last edited by CT Challenger; March 7th, 2013 at 12:05 AM.

  4. #134
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    Speaking of technoolgy, this news story from a recent financial Post calls Canadian Tire, "a latecomer to the technology party compared with its rivals".

    It goes on to say that CT "famously killed its online shopping website in 2009 because of low productivity".

    Quote Originally Posted by Owner 1 View Post
    What is wrong with the inventory system? specifics please
    Well, regarding inventory, the story says that Canadian Tire, "has no uniform system to track inventory in its stores without a confirmed visual check".

    If that isn't sufficiently specific for Mr. Moaner, I'm sure Holly Shaw (Hollie Shaw | Financial Post) would be more than happy to spend a few pleasant hours trying to explain it all to The Moan.


    Quote Originally Posted by Owner 1 View Post
    Is CT attempting to be in the web shopping business?
    We have parts stores in our buildings. Every store has a parts department.
    Funny. Holly must be wrong on this, too, when she quotes Mr. Marrone, chief operating officer at Canadian Tire retail, as saying, "The next digital leap for the corporation will be a cautious launch back into online shopping in the late third or early fourth quarter of this year."

    I'm sure Moaner 1 will be chastising this errant COO first thing in the AM!

    But I really like this line: "... As Canadian Tire strives to keep its share of the market in the face of larger and more sophisticated players including Target and Walmart".

    More here: Canadian Tire to launch digital hub with help of Communitech | Retail & Marketing | News | Financial Post
    Last edited by CTH8R; March 21st, 2013 at 08:48 PM.

  5. #135
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    This customer comment on CT's own Facebook/complaints page kinda summarizes the whole situation:


    Gary N. That's not a world record for a ct thread to go off topic from the start, but it's pretty close come on CT get your act into gear before some american company takes you over and sorts it out for the customer!


    "LOL Hilarious!"

  6. #136

    Re: Will Crappy Tire Survive The Coming Competition?

    There are some stories in the news about various locations of "The Bargain! Shop" closing down.

    Will this be good for Canadian Tire, because they will have less competition in the "bargain-basement" market sector they've chosen to enter?

    Or is it a sign that the whole 'bargain' retail sector is under pressure, and they will be dragged down the same way?

    These are indeed interesting times!

  7. #137

    Re: Will Crappy Tire Survive The Coming Competition?

    Interesting article in The Globe:

    Priced to sell at Canadian retailers: their real estate holdings - The Globe and Mail

    Not that this has much to do with the flagship Red Triangle of Crap stores, but these were my favorite parts:

    "the moves smack of financial engineering, where companies try to juice their share prices with moves that have nothing to do with improving their underlying businesses."

    "... Stephen Wetmore, the chief executive of Canadian Tire, ... sold a quarter-million Canadian Tire shares from his personal holdings in 2012, missing out on a 30-per-cent rally since then."

    Hilarious!
    Last edited by CT Challenger; May 12th, 2013 at 08:33 AM.

  8. #138
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    Re: Will Crappy Tire Survive The Coming Competition?

    Glen M: I have seen a lot of negative comments about Can Tire stores. Like Can Tire says contact their customer service at the head office. With the growing number of foreign box stores coming to Canada they will listen, they have to or face closures. Can Tire stores are franchises so if enough people complain about a store something will get done.

  9. #139
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    This should be interesting. Crappy can't even get their existing stores to work right, and now they want to try running a whole new kin of store? Should be hilarious!

    Canadian Tire Opens Smaller Express Store - Business Review Canada

  10. #140

    Re: Will Crappy Tire Survive The Coming Competition?

    Quote Originally Posted by CTH8R View Post
    This should be interesting. Crappy can't even get their existing stores to work right, and now they want to try running a whole new kin of store? Should be hilarious!

    Canadian Tire Opens Smaller Express Store - Business Review Canada

    LOL Another super analysis by the H8R

    Read any business reports today fool? Another strong quarter by CT. Canadian Tire, Marks, Financial, Petroleum, Forzani, all performing well.
    It's so much fun coming back here every 3 months after an earnings release to laugh at your stupidity.

    Target has lots of stores in Canada now. Why aren't we closing our stores where Target is located? Apparently we can "survive" the US competition.
    Wait what did I read about Forzani? Despite closing a ton of Sport Mart and other stores, sales went up. Nice job by a company you claimed was insolvent hahahaha Another of your stellar business analysis moments.

    Share prices did what? REIT? Financial Services Partner?

    Hey horse1 - Looks like you've got a tough job ahead of you to start removing bricks so that CT will crumble hahahaha



    Fools.

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