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Canadian Tire earnings miss estimates as e-commerce costs weigh – The Globe and Mail

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Canadian Tire earnings miss estimates as e-commerce costs weigh – The Globe and Mail

Retailer Canadian Tire Corp Ltd missed third-quarter profit estimates on Thursday, hurt by higher e-commerce-related transportation costs and a drop in retail sales.
Competition from U.S. e-commerce giants Walmart and Amazon.com has hurt Canadian Tires brick…

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