Description: Canadian Tire Corp. Ltd. says it’s closing all National Sports stores to reduce overlap in the company’s sporting goods assortment after an internal evaluation.
Source: BNNBloomberg.ca – video report
Date: Feb 18, 2021
Questions for discussion:
- Summarize the situation at Canadian Tire and the financial results reported.
- Why do you think the retailer managed to do as well as it did during the past year?
- Do you think the stock is a good investment at this time?