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Ctc Essay

Decent Essays

CTC is definitely a company worth investing in. Due to the fact CTC is such diverse company no retailer in either the ‘brick and mortar or online’ sector competes directly with CTC. With so many departments and offerings for clients CTC is almost guaranteed to always be in a position of success because if one of its sectors were to experience any downfall there is a strong support system in place with its other offerings and strong and reliable history. A relatable way to truly appreciate the stable state of CTC is provided to the public on their website and listed as ‘Fun Facts’. Some of these facts that are the most interesting include: “The Canadian Tire Family of Companies sells enough rolls of hockey tape to connect Victoria and Halifax …show more content…

More than 80% of the population shops at a Canadian Tire store.” These are just a few of the many facts on their website and while each of them incredible on their own, when viewed collectively they truly showcase the success of CTC. One of the most impressive statistics indicates that 90% of the population lives within 15 minutes of a Canadian Tire Store. This gives CTC the potential to reach a huge audience, either directly in store or via in-store order fulfillment or local delivery, a position that will help it withstand competition from competitors such as Amazon. Along with having a substantial plan for future success and being a stable company currently, CTC is also very involved with the community and is inspirationally socially responsible. As mentioned above, CTC started and fully funds their Jumpstart Charities. This charity has granted 1,558,902 children and counting a chance to play since the charity was founded in February 2005. Not only does CTC give back, the way in which they get involved charitably is diverse as well. While their Jumpstart charity focuses on ensuring that money stays in the local communities where it was raised, they also have a Canadian focus, true to their

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