What Companies Does Canadian Tire Own?

Canadian Tire Corporation, Limited is a Canadian retail company that operates in various sectors, including automotive, hardware, sports, leisure, and housewares. It is the parent company of several subsidiaries and brands. The company was founded in 1922 and is headquartered in Toronto, Ontario. Canadian Tire owns the following companies:

Key Takeaways:

• Canadian Tire Corporation, Limited is a Canadian retail company that operates in various sectors.
• Canadian Tire owns several subsidiaries and brands in addition to its main retail brand.
• The company’s subsidiaries include Canadian Tire Petroleum, Canadian Tire Bank, Mark’s, FGL Sports, PartSource, Helly Hansen, and Party City Canada.
• Canadian Tire has expanded its operations through acquisitions, including the acquisition of Mark’s Work Wearhouse and Helly Hansen.
• The company also owns and operates exclusive brands such as Mastercraft, SuperCycle, BluePlanet, Likewise, Motomaster, FRANK, NOMA, and Pulser.

Canadian Tire’s History and Expansion Attempts

Canadian Tire, a retail company founded in 1922, has a rich history of growth and expansion. Initially focusing on selling tires, the company gradually expanded its product range and opened new stores. One of the key milestones in Canadian Tire’s history was the introduction of the Canadian Tire money loyalty program, which has become a beloved feature among customers.

In 2001, Canadian Tire made a significant move by acquiring Mark’s Work Wearhouse, a clothing brand. This strategic acquisition allowed the company to further diversify its offerings and enter the competitive clothing market. Canadian Tire also established Canadian Tire Bank, which provides banking and credit card services, extending its reach into the financial sector.

Canadian Tire has also made attempts to expand into the United States. In 1993, the company acquired White Stores Inc., a chain of automotive parts stores based in Ohio. However, in 2002, Canadian Tire decided to exit the U.S. market and sold its U.S. stores to Keystone Automotive Industries.

Despite this setback, Canadian Tire has continued to thrive in the Canadian market and remains a prominent player in the retail industry. With its rich history, diverse product offerings, and innovative initiatives, Canadian Tire continues to be a trusted brand for Canadians.

Canadian Tire’s Expansion Attempts:

Year	Expansion Attempt
1993	Acquisition of White Stores Inc. in the U.S.
2002	Exit from the U.S. market, selling U.S. stores to Keystone Automotive Industries

Canadian Tire Brands and Operations

Canadian Tire is known for its wide range of brands that are exclusive to its stores. These brands cater to various needs and offer high-quality products. Here are some of the notable Canadian Tire brands:

Mastercraft

Mastercraft is a trusted brand that offers a diverse range of tools. Whether you are a professional or a DIY enthusiast, Mastercraft tools are designed to help you get the job done efficiently and effectively.

SuperCycle

If you’re in need of a new bicycle, SuperCycle is the brand to consider. With an emphasis on quality and durability, SuperCycle offers a wide selection of bikes suitable for riders of all ages and skill levels.

BluePlanet

Canadian Tire is committed to sustainability, and its brand BluePlanet reflects this dedication. BluePlanet offers a range of eco-friendly household cleaners, CFL bulbs, and other green products to help you reduce your environmental impact.

Likewise

For general household items such as lighting and hardware, Likewise is a reliable and affordable option. The brand provides a wide variety of practical products to meet your everyday needs.

In addition to these brands, Canadian Tire also owns and operates Motomaster, FRANK, NOMA, and Pulser. Motomaster specializes in automotive goods, FRANK offers economy-priced food and household products, NOMA offers an array of items from Christmas lights to air purifiers, and Pulser was a popular brand for electronic items in the 1980s.

With its diverse range of brands, Canadian Tire ensures that customers have access to quality products across various categories. Whether you’re in need of tools, bicycles, eco-friendly household items, or automotive goods, Canadian Tire has you covered.