2009 Strategic Objectives
| 1. |
Expand the retail network at Canadian Tire Retail, Mark's, Petroleum and PartSource |
- 39 incremental outlets
- 6 Canadian Tire Retail stores
- 4 Petroleum sites
- 14 Mark's stores
- 15 PartSource stores
- 74 retail outlets replaced, retrofitted or expanded
- 34 Canadian Tire Retail stores
- 20 Petroleum sites
- 13 Mark's stores
- 7 PartSource stores
- Square footage growth at Canadian Tire Retail and Mark's of approximately 2% and 5%, respectively
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| 2. |
Continued growth of Canadian Tire Retail / PartSource automotive business through improved customer-facing processes and technology, and a more efficient supply chain |
- Complete the design, build and test phases of a new store-based automotive management system
- Increase breadth of auto parts assortment by 10%-20%
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| 3. |
Expand the Financial Services business through managed growth of receivables |
- Benefit from relaunched credit cards with PayPass® capability
- Test new credit cards
- Select investments in balance transfer offers
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| 1. |
Advance the Automotive Infrastructure program |
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| 2. |
Advance the Canadian Tire Retail Change Program |
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| 3. |
Advance the multi-year technology infrastructure initiative |
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Upgrade the technology infrastructure that supports Canadian Tire Retail, PartSource, and Petroleum to increase functionality, reduce risk, lower operating costs, and simplify overall architecture
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| 4. |
Drive operating efficiencies across CTC businesses |
- Continue operational efficiency reviews at Financial Services
- Improve effectiveness of Canadian Tire Retail store renewal in Smart store retrofits
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| 5. |
Advance organizational effectiveness |
- Improve and align organizational structures
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Price
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$54.10
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Change
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-0.43
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Volume
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147,803
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