STAUNTON, Va. (July 11, 2014) — Canadian Tire Corp. has become a member of the Federated Auto Parts group’s distribution network.
Effective July 9, Canadian Tire said it joined “one of North America’s largest and leading auto parts distributors,” and the relationship “is anticipated to provide tremendous benefits to both organizations, including Canadian Tire’s robust customer and dealer network across Canada.”
The retailing giant operates more than 580 Canadian Tire retail and PartSource locations across Canada that, among many products, provide tires, automotive parts and service to more than 180 million customers annually, according to the company.
“At Canadian Tire, we’re continuously focused on providing excellent service—both to our customers and our network of vendors and partners across the country,” said Michael Broderick, Canadian Tire’s senior vice president of automotive. “Federated shares our dedication and provides not only high quality parts and service, but additional support in critical areas such as training, information technology, market trends and supply chain efficiency.”
Rusty Bishop, CEO of Staunton-based Federated, said the company “is extremely proud to be associated with a company that has demonstrated a long-term commitment to outstanding product selection and service in the Canadian market. We look forward to supporting their efforts in the ever-changing vehicle repair segment.”
The Canadian Tire family of businesses includes a retail segment, a financial services division, CT REIT and Canadian Tire Jumpstart, a nationally registered charity “dedicated to removing financial barriers so kids across Canada can participate in sports and physical activities,” the company said. Founded in 1922, Canadian Tire stores provide products in the “Living, Playing, Fixing, Automotive and Seasonal categories,” the firm said, with its PartSource and Gas+ units key parts of the firm’s network that includes nearly 1,700 retail and gasoline outlets.
More information about Canadian Tire is available on its website. Corp.CanadianTire.ca
Federated is one of the largest auto parts distribution and marketing organizations in North America.
Are you paying attention to the ups-and-downs of the stock market?
|Yes, I invest in the market||
|Yes, but I mostly keep an eye on just my company's stock||
|No, it makes me nauseous||
|I’m glad I don't invest in the market; I would have lost my shirt||
|Total votes: 99|