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Canadian Tire is one of Canada's 35 largest publicly traded companies and operates an inter-related network of businesses engaged in retailing, financial services and petroleum. It operates Canadian Tire Retail, Canada's largest and most-shopped general merchandise retailer best known for its unique selection of home products, hardware, automotive, sports, camping, lawn and garden products.
The first Canadian Tire store opened on September 15, 1922 in Toronto, Ontario by J. William Billes and Alfred J. Billes. This store, which was located at the corner of Yonge and Isabella, bought Hamilton Tire and Garage Ltd. in Toronto's east end with combined savings of $1,800. In 1934, the first official associate store opens up in Hamilton, Ontario. In 1937, the store and head office was moved to Yonge St. and Church St. This location remains as an associate store in the chain today. In 1928, the store issued its first catalogue, becoming one of Canada's most famous mail order businesses. To this day, the company has grown to over 460 stores.
Canadian Tire Stores are each operated by a Associate Dealer. The buildings and lands are owned by the Corporation, everything inside the building, from fixtures to product, is owned by the Associate Dealer. There are more than 455 stores across Canada. Canadian Tire Retail Stores offer customers a large selection of both national and retail brands under one roof. The majority of stores operate in three main categories of automotive parts, accessories and service; sports and leisure products; and home products.
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