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Canadian Tire aims to save $200 million a year by centralizing operations for banners such as Mark’s and SportChek – Financial Post

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Canadian Tire aims to save $200 million a year by centralizing operations for banners such as Mark’s and SportChek – Financial Post

Canadian Tire Corp Ltd unveiled a plan to save at least $200 million annually by 2022 after missing third-quarter revenue and profit estimates as the retailer faced intense competition from Walmart and Amazon.com.
The savings plan and an increased quarterly …

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