Canadian
Tire was started by John W. and Alfred Jackson (A.J.) Billes. They invested their
savings of 1800 CAD in an automobile garage in Toronto. The company at the beginning
was named as Hamilton Tire. In 1927, the Billeses changed the name of their
company and named it as Canadian Tire. In the same year they started retailing
and allowed the customers to order by mail.
After a huge
struggle, Canadian Tire is now one of the leading marketing chains in the field
of each and every consumer good required in everyday life. Canadian Tire now
owes so many stores that a store is made near at a 15 mints of drive from one’s home. Canadian Tire
is now able to compete with one of the international retailer Walmart all over the nation. So its
great techniques of expanded their business landed them to be one of the most
known organisation among customers.
References
http://www.fundinguniverse.com/company-histories/canadian-tire-corporation-limited-history/
Thnq,for sharing this.
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