Canadian Tire going to the dogs—and cats and birds

Canadian Tire Corp. is busy expanding the number of Petco shops inside its Canadian Tire stores across the country. The company says the store-within-a-store concept is currently in over 80 percent of Canadian Tire stores and will grow to 90 percent by this summer. It says the pet market in Canada is worth $5.3 billion, with 60 percent of Canadian households that have a cat or dog.

“Since partnering with Petco in 2018, we have seen double-digit growth in the category with a marked increase in customers shopping the pet category for the first time,” said Michael Magennis, SVP, general merchandising at Canadian Tire Retail.