Canadian Tire sees 400% increase in ecommerce but records second quarter loss
The company recorded online sales up 400% to C$600 million, beating the entire total ecommerce sales for all of 2019 Canadian Tire also recorded increased retail sales for the second quarter of this year, up 1.7% to nearly C$4.4 million. Excluding petroleum sales, overall retail sales rose 9.3% Despite this though, the company suffered…
