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.
