Canadian Tire benefits from cooperation with Petco

Canadian Tire Corporation aims to continue its expansion of Petco shop-in-shops across the country through its exclusive retail partnership with Petco Health and Wellness Company, which has been operating since 2018. Petco shop-in-shops now feature in over 80 per cent of Canadian Tire stores and are scheduled to grow to 90 per cent by this summer.

“Since partnering with Petco in 2018, we have seen double-digit growth in the category with a marked increase in customers shopping in the pet category for the first time,” says Michael Magennis, senior vice-president of general merchandising at Canadian Tire Retail. Petco is a leading pet product retailer with 1 500 pet care centres across the United States, Mexico and Puerto Rico.

Canadian Tire’s investment in the pet category is a core part of the renewed store concept and broader product assortment being rolled out as part of the company's “Better Connected” strategy.