TSX:CTC-A - Toronto Stock Exchange - CA1366812024 - Common Stock - Currency: CAD
Canadian Tire Corp. executives say their biggest concern regarding tariffs is the risk of heightened unemployment, rather than the effects of levies on retail prices, because only 15% of the company’s goods come from the US.
Big box retailer Canadian Tire Corp. will cut 3% of staff and eliminate most vacant roles as consumers tighten spending on non-essential goods, especially in regions where housing costs are highest.
Canada’s largest publicly traded, big-box retailer is withdrawing its ambitious long-term profit target, saying inflation and higher interest rates are hammering consumer demand.
The financial arm of one of the largest Canadian retail companies adopts SaaS to accelerate its digital transformation and power new business models
Mentions: CTC.CA