Retail News

Canadian Tire posts loss as stores closed by COVID-19

The Globe and Mail 05/07/2020

Canadian Tire reported a loss of 22 cents a share for the quarter ending March 28, compared to a profit of $1.12 for the same period in 2019. The retailer pointed to store closures as the major factor in its reduced results.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!