TORONTO, Aug. 7, 2018 /CNW/ - Canadian Tire Corporation,
Limited (TSX:CTC, TSX:CTC.A) ("CTC") today announced a partnership
with Petco, a leading global pet specialty retailer. Canadian Tire
will exclusively offer a variety of premium pet products, including
Petco's assortment of food, treats and accessories, to Canadian
shoppers online and in stores. This exciting partnership marks
Canadian Tire's entry into the premium pet category and reinforces
the company's dedication to offering customers and pet parents high
quality products at great prices.
Petco is a world-class leader in pet products and has become the
trusted source for high quality, premium pet products and services
online and in 1,500 stores across the
United States and Mexico. A
multi-billion dollar market in Canada, pet care is a growing category with
mass appeal. Currently, 57% of Canadian households are home to
pets.
"We know how important pets are to Canadian families so we're
thrilled to bring Petco's offerings to Canadian Tire, where 65% of
our customers are pet parents. Petco's deep expertise in pet
products, combined with Canadian Tire's extensive reach in a
thriving pet market is a powerful combination," said Greg Hicks, President, Canadian Tire Retail.
"Petco's legacy as a global leader in pet products heightens the
credibility of our suite of pet offerings, allowing us to
strengthen an important category and expand our marketplace."
Beginning in August online and in-store, Canadian Tire shoppers
will have exclusive access to Petco's own WholeHearted brand – a
premium grain-free pet food line that makes superior nutrition
affordable and accessible to more pet parents. Additional Petco
products, including accessories, will be added to Canadian Tire's
pet assortment, starting in September.
"As a leader in providing pet parents with everything they need
to live healthy, happy lives with their pets, we're thrilled to
partner with Canadian Tire to bring the history and quality of the
Petco brand to Canada," said
Rebecca Frechette, EVP and Chief
Merchandising Officer at Petco. "We're excited about the launch and
look forward to growing and building on our partnership well into
the future."
For more information on Canadian Tire, visit canadiantire.ca.
For more information on Petco, visit petco.com.
For vendor inquiries, please contact petco@cantire.com.
ABOUT CANADIAN TIRE CORPORATION
Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or
"CTC", is a family of businesses that includes a Retail segment, a
Financial Services division and CT REIT. Our retail business is led
by Canadian Tire, which was founded in 1922 and provides Canadians
with products for life in Canada
across its Living, Playing, Fixing, Automotive and Seasonal &
Gardening divisions. PartSource and Gas+ are key parts of the
Canadian Tire network. The Retail segment also includes Mark's, a
leading source for casual and industrial wear; Pro Hockey Life, the
world's largest hockey centric retailer; FGL (Sport Chek, Hockey
Experts, Sports Experts, National Sports, Intersport and
Atmosphere), which offers the best active wear brands; and Helly
Hansen, a leading global brand in sportswear and workwear based in
Oslo, Norway. The more than 1,700
retail and gasoline outlets are supported and strengthened by our
Financial Services division and the tens of thousands of people
employed across Canada and around
the world by the Company and its local dealers, franchisees and
petroleum retailers. For more information, visit
Corp.CanadianTire.ca.
ABOUT PETCO AND THE PETCO FOUNDATION
Petco is a leading pet specialty retailer with more than 50
years of service to pet parents. Everything we do is guided by our
vision for Healthier Pets. Happier People. Better World. We operate
more than 1,500 Petco and Unleashed by Petco locations across the
U.S., Mexico and Puerto Rico; prescription services and pet
supplies from the leading veterinary-operated pet product supplier,
Drs. Foster & Smith; complete pet care services and veterinary
advice through PetCoach; and petco.com. The Petco Foundation, an
independent non-profit organization, has invested more than
$200 million since it was created in
1999 to help promote and improve the welfare of companion animals.
In conjunction with the Foundation, we work with and support
thousands of local animal welfare groups across the country and,
through in-store adoption events, help find homes for more than
400,000 animals every year.
SOURCE CANADIAN TIRE CORPORATION, LIMITED