- Canadian Tire Retail stores to remain open with reduced
hours
- Mark's/L'Équipeur, SportChek, Atmosphere, Party City, Pro
Hockey Life, National Sports and PartSource stores to close until
April 2
TORONTO, March 18, 2020 /CNW/ - Canadian Tire Corporation
(TSX:CTC, TSX:CTC.a) announced today that in response to growing
concern surrounding COVID-19, it will reduce operating hours at
Canadian Tire Retail (CTR) and temporarily close its other retail
stores, including Mark's/L'Équipeur, SportChek, Atmosphere, Party
City, Pro Hockey Life, National Sports and PartSource. The
temporary closure will be in effect from March 19 until April
2, at which time operations will be reassessed. During the
closure period, full and part-time employees will be paid.
CTR, which operates over 500 stores across Canada, has been supporting its communities by
providing access to the essential products Canadians need during
this time. Hours at Canadian Tire stores will be reduced to allow
for enhanced cleaning and restocking. Gas+ locations will also
remain open, with regular operating hours.
"Canadian Tire and our Associate Dealers have always been there
to support their communities through emergencies and times of
crisis, and for the last number of days, Canadians have turned
to Canadian Tire Retail for the supplies they need to cope with the
impact of COVID-19. As we continue to adapt to the country's
fast-changing needs, we want to make sure we are doing everything
we can to keep our stores open and support our team," said
Greg Hicks, President and CEO,
Canadian Tire Corporation. "Closing our retail stores that are not
as essential is the right decision, helping to limit the spread of
the virus."
Canadian Tire continues to take precautions for the safety and
well-being of employees and customers, such as with the enhanced
cleaning of stores, encouraging strong hygiene practices among team
members, and making hand sanitizers and wipes available at all
workstations and gathering spots, such as lunchrooms and service
waiting areas. To help protect and support elderly and more
vulnerable customers, many Canadian Tire Associate Dealers are
offering reserved shopping hours or setting aside inventory for
pick-up.
"During these temporary closures, our customers can still shop
our Canadian Tire family of companies online, however, as online
orders increase, it may take us longer than usual to ship your
items, and we ask for your patience," added Hicks.
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, a hockey specialty store
catering to elite players; SportChek, Hockey Experts, Sports
Experts, National Sports, Intersport and Atmosphere, which offer
the best active wear brands; and Party City Canada, a leading,
one-stop shopping destination for party supplies and seasonal
celebrations. The more than 1,740 retail and gasoline outlets are
supported and strengthened by CTC's 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.
In addition, CTC owns and operates Helly Hansen, a leading global
brand in sportswear and workwear based in Oslo, Norway. For more information, visit
Corp.CanadianTire.ca.
FOR MORE INFORMATION
Media: Jane
Shaw, (416) 480-8581, jane.shaw@cantire.com
Investors: Lisa Greatrix,
(416) 480-8725, lisa.greatrix@cantire.com
SOURCE CANADIAN TIRE CORPORATION, LIMITED