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Thread: Will Crappy Tire Survive The Coming Competition?

  1. #81

    Re: Will Crappy Tire Survive The Coming Competition?

    Quote Originally Posted by CTH8R View Post
    So, which was it, genius? Was it a neutral quarter? Or was it a down quarter? Because it actually can't be both, you know. It's one or the other (but it sure wasn't 'up', LOL!)

    Care to actually make a stand for once? Huh?

    Oh, never mind - the answer is easy to find - no reason to lie or misrepresent on this one:

    " ... auto service and related parts sales declined in the quarter compared to the same period in 2011."

    See? It's actually pretty easy to just be honest and accurate. You should give it a try once in a while, man!
    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?

  2. #82
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    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"!

  3. #83

    Re: Will Crappy Tire Survive The Coming Competition?

    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.

  4. #84
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    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'.

  5. #85
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    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!

  6. #86

    Re: Will Crappy Tire Survive The Coming Competition?

    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.

  7. #87
    Senior Member CTH8R's Avatar
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    Re: Will Crappy Tire Survive The Coming Competition?

    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 ...
    Last edited by CTH8R; August 22nd, 2012 at 06:25 AM.

  8. #88
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    Re: Will Crappy Tire Survive The Coming Competition?

    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!

  9. #89

    Re: Will Crappy Tire Survive The Coming Competition?

    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

  10. #90

    Re: Will Crappy Tire Survive The Coming Competition?

    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?
    Last edited by CT Challenger; September 17th, 2012 at 09:35 PM.

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