preview

Tire Corporate Structure

Decent Essays
Shaw, J. and Greatrix, L (2015) press release states the foundation of Canadian Tire:
Canadian Tire was founded in 1922, providing Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal Categories. PartSource and Gas+ are key parts of the Canadian Tire network. The retail segment also includes Mark’s, a leading source for casual and industrial wear, and FGL Sports, which offers the best active wear brand. The 1,700 retail and gasoline outlets are supported and strengthened by Financial Services division and the tens of thousands of people employed across the Company. (p. 6) “Approximately, 68,000 individuals are employed across the Canadian enterprise and it remains one of Canada’s most recognized and trusted brands” (CNW, 2012, p.3). As a part of Corporate Social Responsibility Canadian Tire developed a business sustainability strategy with three goals:
…show more content…
He came with a vision of environmental sustainability.” Tyler explained that the company was wasting so much and was not an environmentally friendly corporation (para.1). Elm is now vice president of corporate and business sustainability. He stated, “Sustainability is strategy” (para.2). “Under the banner of corporate social responsibility (CSR)- the notion that business should have a moral conscience on social issues, and a concern for the needs of future generations when it comes to the environment” (para. 4). Research states, “The Company and certain of its subsidiaries are parties to a number of legal proceedings” (Canadian Tire Corporation, 2014, p.54). A potential challenge that Canadian Tire could face is the legal risks because of the many laws in Canada, companies need to be aware of changes and updates for laws and regulations to ensure their business is operating legally to maintain their reputation and avoid lawsuits (Canadian Tire Corporation, 2014,
Get Access