Latest news with #TriangleRewards
Yahoo
09-05-2025
- Business
- Yahoo
Canadian Tire Corp Ltd (CDNAF) Q1 2025 Earnings Call Highlights: Strong EPS Growth and ...
Consolidated EPS: $2.18, up sharply over last year. Normalized Earnings Per Share: $2, up $0.92 compared to last year. Comparable Sales Growth: 4.7% increase. Retail Revenue Growth: Up 4% with a 50 basis points benefit from petroleum revenue. CTR Comparable Sales: Up 4.7%. SportChek Sales Growth: Up 6.3%. Marks Sales Growth: Up 2.2%. Inventory Increase: Up 4% year over year, excluding Helly Hansen. Retail Gross Margin: 36.1%, an improvement of 19 basis points year over year. Retail SG&A: Relatively flat compared to Q1 last year. Normalized Retail EBITDA: Up almost 13% to $334 million. Normalized Retail IBT: $64 million, up $69 million. CTFS IBT: $97 million. GAAR Growth: Up 1.6%. Average Account Balances: Up 2%. Allowance Rate: 12.7%, within the targeted range of 11.5% to 13.5%. Warning! GuruFocus has detected 4 Warning Sign with CDNAF. Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Canadian Tire Corp Ltd (CDNAF) reported a strong Q1 performance with consolidated EPS of $2.18, a significant increase from the previous year. The company saw increased customer visits and strong responses to new products, contributing to sales growth across all banners. The Triangle Rewards loyalty program showed notable momentum, with loyalty penetration reaching 54.5% on a rolling 12-month basis. The company successfully managed margins and maintained a healthy balance sheet, with retail ROIC above 10% and reinitiated share buybacks. The launch of the True North transformation strategy aims to accelerate sales and earnings growth by leveraging customer insights and driving operational efficiency. The retail environment remains uncertain, with challenges in predicting consumer behavior and potential impacts from retaliatory tariffs. Freight costs are expected to become a headwind from Q2, potentially impacting margins. The company anticipates increased operating expenses in 2025 due to investments in IT and transformation initiatives. There is ongoing pressure from higher real estate costs, including property taxes and winter maintenance expenses. The company faces challenges in executing its pivot to a more integrated operating model, requiring a shift in mindset towards enterprise thinking. Q: As we look forward over the next 12, 24, 36 months, how should we start to see some of the True North initiatives materialize? What are the key elements in terms of revenue and profitability metrics? A: Greg Hicks, President and CEO, explained that the path to higher shareholder returns requires a better-performing top line, which is a key focus for True North. The strategy will focus on digital engagement, new concepts in large banners, purposeful e-commerce growth, expanding Triangle Rewards partnerships, and using customer data for end-to-end strategies. While it's tough to forecast consumer behavior due to uncertainty, the company is holding true to disclosed metrics and will provide more clarity as the market stabilizes. Q: With respect to Q1 and the outpacing of e-commerce growth, can you talk about where you're seeing the greatest strength in the e-commerce piece of that omnichannel approach? A: TJ Flood, EVP and COO, noted that e-commerce growth has mirrored POS growth in terms of categories. The company has been building capabilities in this area, with exceptional click-and-collect NPS scores and the addition of same-day ship-to-home services. The consumer has responded positively, and the company is meeting customers where they are in terms of shopping preferences. Q: What do you see as the biggest challenges to executing the pivot to an operating model under True North? A: Greg Hicks highlighted that the biggest challenge is mindset, particularly in terms of enterprise thinking. The company needs to break down artificial walls between banners and leverage customer data to create value. The focus will be on customer-centric transformation, with data pointing to where value can be created, and the company is already seeing positive results in cross-banner shopping metrics. Q: Can you talk about the inventory situation and how dealers are positioning themselves for the rest of the year? A: TJ Flood explained that the company has focused on rightsizing inventory and is now reinvesting in newness in the assortment. CTR corporate inventory increased to support growth expectations in auto and spring/summer categories. Dealer inventory was down slightly, reflecting strong winter sell-through, and the company expects dealer inventory buys to more closely mirror POS trends going forward. Q: Regarding the WestJet partnership, can you talk about the confidence in achieving incremental sales from new partners? Is travel a growing category for Canadian Tire? A: Greg Hicks stated that partnerships like WestJet are intended to complement Triangle Rewards and expand the issuance of Canadian Tire money. These partnerships represent everyday needs categories that the company doesn't participate in directly but are important to customers. The goal is to have a small number of high-value partners to enhance member value and drive incremental sales. Q: Are you noticing any benefits from Chinese vendors looking for alternative customers outside the US due to tariffs? A: Greg Hicks mentioned that it's still early to see significant impacts, but the company has a tariff task force in place and is negotiating to avoid price increases. The team is seeing some creativity from vendors in terms of options and pickup points, and they will have a better understanding of the impact after Q2. Q: Where does M&A rank in terms of capital allocation priorities, and are you interested in Hudson's Bay assets? A: Greg Hicks clarified that the company is not contemplating a wholesale acquisition of HBC's operations, as the focus is on executing the True North strategy. While the company is always on the lookout for attractive tuck-ins and brands, the current focus is on developing and integrating the broader Canadian retail ecosystem. Q: How would you categorize your performance in Q1 relative to what you're seeing in credit card data? A: Darren Myers noted that the company's performance looked good, with growth in spend outside, indicating customer resilience. The company stacked up well against spend seen with others, suggesting a strong competitive position. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Canadian Tire Corporation and WestJet Launch Strategic Partnership to Bring More Value to Canadians
TORONTO, May 8, 2025 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) (CTC or the Company) and WestJet today announced a long-term strategic partnership that brings together Triangle Rewards and WestJet Rewards, enhancing the scale and value of both programs while introducing new ways for millions of Canadians to earn rewards across travel and everyday purchases. Launching in early 2026, this partnership will give Triangle Rewards' and WestJet Rewards' members the ability to link their loyalty accounts and enjoy enhanced benefits across both programs, including access to exclusive offers and promotions. Linked members will earn stacked rewards – Canadian Tire Money and WestJet points – whether they're booking a WestJet flight or vacation package, or shopping at Canadian Tire, SportChek, Mark's, and other participating CTC banners. In addition, linked members who pay with their Triangle Mastercard or WestJet RBC Mastercard will benefit from accelerated earn rates when shopping within participating CTC and WestJet businesses. WestJet Rewards members will have the added ability to convert WestJet points into Canadian Tire Money, providing increased flexibility and value when shopping across CTC's extensive retail network. "This is an exciting step as we extend the reach and value of Triangle Rewards, putting more Canadian Tire Money in the hands of millions of Canadians," said Darryl Jenkins, Executive Vice President & Chief Development Officer, Canadian Tire Corporation. "Travel is a meaningful category for our members and WestJet is the ideal partner to help us reward them better, whether they're flying across the country or shopping for everyday needs." "The partnership between WestJet and CTC represents a powerful collaboration between two beloved Canadian brands," said John Weatherill, Group Executive Vice President and Chief Commercial Officer, WestJet. "We are thrilled to bring our WestJet flights and vacation packages into the Triangle Rewards program and excited that our WestJet Rewards members will soon be able to earn WestJet points on their everyday purchases at CTC banners; helping them get closer to their next trip." Triangle Rewards is a cornerstone of CTC's new True North strategy – delivering meaningful rewards, deeper customer relationships and insights, and personalized offers that drive loyalty and engagement for its nearly 12 million members. This marks the third major loyalty partnership for Triangle Rewards, following a successful agreement with Petro-Canada which launched in 2024, and the recently announced collaboration with RBC, set to launch in 2026. By extending Canadian Tire Money beyond CTC's retail banners through strategic partnerships, CTC is accelerating member growth and retail sales while creating more everyday opportunities for Canadians to earn and redeem. WestJet recently launched its refreshed WestJet Rewards program, making travel more affordable for its members by providing new ways to earn and redeem WestJet points. Members can now earn and redeem across more WestJet products and everyday partners like CTC, helping the everyday Canadian get that much closer to unlocking their unique travel story. To learn more about WestJet Rewards, visit FORWARD-LOOKING INFORMATION This press release contains information that may constitute forward-looking information within the meaning of applicable securities laws, which reflect CTC management's current expectations regarding future events and CTC's strategy. All statements other than statements of historical facts contained in this press release may constitute forward-looking information, including, but not limited to, information with respect to: the launch date of the partnership, enhanced value and benefits to the WestJet Rewards and Triangle Rewards programs, and accelerated Triangle Rewards membership growth and CTC retail sales. Readers are cautioned that such information may not be appropriate for other purposes. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "estimate", "plan", "can", "could", "should", "would", "outlook", "target", "forecast", "anticipate", "aspire", "foresee", "continue", "ongoing" or the negative of these terms or variations of them or similar terminology. Although CTC believes that the forward-looking information in this press release is based on information, estimates and assumptions that are reasonable, such information is necessarily subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking information. For information on the material risks, uncertainties, factors and assumptions that could cause actual results to differ materially from the forward-looking information, refer to section 14.0 (Forward-Looking Information and Other Investor Communication) of CTC's 2025 First Quarter Management's Discussion and Analysis and all subsections therein, available on the SEDAR+ website at and CTC does not undertake to update any forward-looking information, whether written or oral, except as is required by applicable laws. ABOUT CANADIAN TIRE CORPORATION Canadian Tire Corporation, Limited (TSX: CTC.A, TSX: CTC, "CTC") has been a proudly Canadian business since 1922. Guided by its brand purpose, "We are here to make life in Canada better," CTC has built an expansive national retail presence, exceptional customer brand trust and one of Canada's strongest workforces – employing, along with its local Dealers and franchisees, tens of thousands of Canadians. At its core are retail businesses, each designed to serve life's pursuits: Canadian Tire, offering products spanning Living, Playing, Fixing, Automotive, and Seasonal & Gardening, bolstered by notable banners Party City and PartSource; Mark's, a leading source for casual and industrial wear; SportChek, Hockey Experts, Sports Experts and Atmosphere, offering the best brands of active wear and gear; and Pro Hockey Life, a hockey specialty store catering to elite players. CTC's banners, brand partners and credit card offerings are unified through its Triangle Rewards loyalty program – a linchpin of CTC's customer-driven strategy. With nearly 12 million members, Triangle integrates first-party data to deliver valuable rewards and personalized experiences across nearly 1,700 retail and gasoline outlets. CTC also operates a retail petroleum business and a Financial Services business and holds a majority interest in CT REIT, a TSX-listed Canadian real estate investment trust. For more information, visit ABOUT WESTJET WestJet took to the skies in 1996 with just over 200 employees and three aircraft operating service to five destinations. Since then, WestJet has pioneered low-cost travel in Canada, cutting airfares in half, and increasing the flying population in Canada by more than 50 per cent. Following integration with Sunwing in 2025, more than 14,000 WestJetters support nearly 200 aircraft and connect guests to more than 100 destinations across North America, Central America, the Caribbean, Europe and Asia. As a major Canadian employer that includes WestJet Airlines, Sunwing Vacations Group and WestJet Cargo, the WestJet Group is Canada's leading low-cost airline and largest vacation provider, with a united purpose of providing affordable and accessible air and vacation travel to Canadians. Learn more about WestJet at (also available in French)Follow WestJet on Facebook at Follow WestJet on LinkedIn at WestJet on X at and WestJet on Instagram at to WestJet on YouTube at WestJet media relations at media@ FOR MORE INFORMATION Canadian Tire Corporation:Media: Stephanie Nadalin, (647) 271-7343, Investors: Karen Keyes, (647) 518-4461, WestJet:Media: Jennifer Booth, (368) 992-6691, SOURCE CANADIAN TIRE CORPORATION, LIMITED - INVESTOR RELATIONS View original content to download multimedia: Sign in to access your portfolio
Cision Canada
08-05-2025
- Business
- Cision Canada
Canadian Tire Corporation and WestJet Launch Strategic Partnership to Bring More Value to Canadians Français
TORONTO, May 8, 2025 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) (CTC or the Company) and WestJet today announced a long-term strategic partnership that brings together Triangle Rewards and WestJet Rewards, enhancing the scale and value of both programs while introducing new ways for millions of Canadians to earn rewards across travel and everyday purchases. Launching in early 2026, this partnership will give Triangle Rewards' and WestJet Rewards' members the ability to link their loyalty accounts and enjoy enhanced benefits across both programs, including access to exclusive offers and promotions. Linked members will earn stacked rewards – Canadian Tire Money and WestJet points – whether they're booking a WestJet flight or vacation package, or shopping at Canadian Tire, SportChek, Mark's, and other participating CTC banners. In addition, linked members who pay with their Triangle Mastercard or WestJet RBC Mastercard will benefit from accelerated earn rates when shopping within participating CTC and WestJet businesses. WestJet Rewards members will have the added ability to convert WestJet points into Canadian Tire Money, providing increased flexibility and value when shopping across CTC's extensive retail network. "This is an exciting step as we extend the reach and value of Triangle Rewards, putting more Canadian Tire Money in the hands of millions of Canadians," said Darryl Jenkins, Executive Vice President & Chief Development Officer, Canadian Tire Corporation. "Travel is a meaningful category for our members and WestJet is the ideal partner to help us reward them better, whether they're flying across the country or shopping for everyday needs." "The partnership between WestJet and CTC represents a powerful collaboration between two beloved Canadian brands," said John Weatherill, Group Executive Vice President and Chief Commercial Officer, WestJet. "We are thrilled to bring our WestJet flights and vacation packages into the Triangle Rewards program and excited that our WestJet Rewards members will soon be able to earn WestJet points on their everyday purchases at CTC banners; helping them get closer to their next trip." Triangle Rewards is a cornerstone of CTC's new True North strategy – delivering meaningful rewards, deeper customer relationships and insights, and personalized offers that drive loyalty and engagement for its nearly 12 million members. This marks the third major loyalty partnership for Triangle Rewards, following a successful agreement with Petro-Canada which launched in 2024, and the recently announced collaboration with RBC, set to launch in 2026. By extending Canadian Tire Money beyond CTC's retail banners through strategic partnerships, CTC is accelerating member growth and retail sales while creating more everyday opportunities for Canadians to earn and redeem. WestJet recently launched its refreshed WestJet Rewards program, making travel more affordable for its members by providing new ways to earn and redeem WestJet points. Members can now earn and redeem across more WestJet products and everyday partners like CTC, helping the everyday Canadian get that much closer to unlocking their unique travel story. To learn more about WestJet Rewards, visit This press release contains information that may constitute forward-looking information within the meaning of applicable securities laws, which reflect CTC management's current expectations regarding future events and CTC's strategy. All statements other than statements of historical facts contained in this press release may constitute forward-looking information, including, but not limited to, information with respect to: the launch date of the partnership, enhanced value and benefits to the WestJet Rewards and Triangle Rewards programs, and accelerated Triangle Rewards membership growth and CTC retail sales. Readers are cautioned that such information may not be appropriate for other purposes. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "estimate", "plan", "can", "could", "should", "would", "outlook", "target", "forecast", "anticipate", "aspire", "foresee", "continue", "ongoing" or the negative of these terms or variations of them or similar terminology. Although CTC believes that the forward-looking information in this press release is based on information, estimates and assumptions that are reasonable, such information is necessarily subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking information. For information on the material risks, uncertainties, factors and assumptions that could cause actual results to differ materially from the forward-looking information, refer to section 14.0 (Forward-Looking Information and Other Investor Communication) of CTC's 2025 First Quarter Management's Discussion and Analysis and all subsections therein, available on the SEDAR+ website at and CTC does not undertake to update any forward-looking information, whether written or oral, except as is required by applicable laws. ABOUT CANADIAN TIRE CORPORATION Canadian Tire Corporation, Limited (TSX: CTC.A, TSX: CTC, "CTC") has been a proudly Canadian business since 1922. Guided by its brand purpose, "We are here to make life in Canada better," CTC has built an expansive national retail presence, exceptional customer brand trust and one of Canada's strongest workforces – employing, along with its local Dealers and franchisees, tens of thousands of Canadians. At its core are retail businesses, each designed to serve life's pursuits: Canadian Tire, offering products spanning Living, Playing, Fixing, Automotive, and Seasonal & Gardening, bolstered by notable banners Party City and PartSource; Mark's, a leading source for casual and industrial wear; SportChek, Hockey Experts, Sports Experts and Atmosphere, offering the best brands of active wear and gear; and Pro Hockey Life, a hockey specialty store catering to elite players. CTC's banners, brand partners and credit card offerings are unified through its Triangle Rewards loyalty program – a linchpin of CTC's customer-driven strategy. With nearly 12 million members, Triangle integrates first-party data to deliver valuable rewards and personalized experiences across nearly 1,700 retail and gasoline outlets. CTC also operates a retail petroleum business and a Financial Services business and holds a majority interest in CT REIT, a TSX-listed Canadian real estate investment trust. For more information, visit ABOUT WESTJET WestJet took to the skies in 1996 with just over 200 employees and three aircraft operating service to five destinations. Since then, WestJet has pioneered low-cost travel in Canada, cutting airfares in half, and increasing the flying population in Canada by more than 50 per cent. Following integration with Sunwing in 2025, more than 14,000 WestJetters support nearly 200 aircraft and connect guests to more than 100 destinations across North America, Central America, the Caribbean, Europe and Asia. As a major Canadian employer that includes WestJet Airlines, Sunwing Vacations Group and WestJet Cargo, the WestJet Group is Canada's leading low-cost airline and largest vacation provider, with a united purpose of providing affordable and accessible air and vacation travel to Canadians. Learn more about WestJet at (also available in French) Follow WestJet on Facebook at Follow WestJet on LinkedIn at Follow WestJet on X at and Follow WestJet on Instagram at Subscribe to WestJet on YouTube at Email WestJet media relations at [email protected] FOR MORE INFORMATION Canadian Tire Corporation: Media: Stephanie Nadalin, (647) 271-7343, [email protected] Investors: Karen Keyes, (647) 518-4461, [email protected]
Yahoo
27-03-2025
- Business
- Yahoo
RBC and Canadian Tire Corporation announce strategic loyalty partnership, expanding rewards and enhancing value for millions of Canadians
TORONTO, March 27, 2025 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) (RBC) and Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) (CTC) today announced a long-term strategic loyalty partnership between Avion Rewards and Triangle Rewards. This collaboration will enhance the value of both programs by linking millions of eligible RBC credit and debit cardholders to Triangle Rewards, enabling them to earn more Canadian Tire Money while unlocking exclusive promotions at Canadian Tire, SportChek, Mark's and other CTC retail banners. The partnership expands the reach of Triangle Rewards and further strengthens Avion Rewards' strong network of merchant partners. "We are bringing together two deeply rooted Canadian companies – Canada's largest bank and the country's largest general merchandise retailer – to increase the amount of everyday value, rewards and savings that we provide to our shared customers," said Vinita Savani, Executive Vice President, Cards & Loyalty, RBC. "Our combined scale and unparalleled reach will leverage the strength of our businesses and leading loyalty programs to provide additional benefits for millions of Canadians in meaningful new ways." "This partnership creates a loyalty powerhouse, combining strong brands and putting additional Canadian Tire Money into the hands of cardholders and members," said Darryl Jenkins, Executive Vice President & Chief Development Officer, Canadian Tire Corporation. "It means millions of linked members will gain access to unique promotions and new ways to expand the value of their favourite loyalty programs every day. The partnership will increase our loyalty membership and drive retail sales across our banners." Under this partnership, eligible RBC credit and debit cardholders will be able to earn Canadian Tire Money at an accelerated rate when shopping at CTC's retail banners. They will also enjoy exclusive offers and promotions through RBC and Avion Rewards. These new offerings are expected to launch in 2026. This partnership expands the ways linked members can earn through Triangle Rewards – one of Canada's leading loyalty programs. Triangle Rewards enables nearly 12 million loyalty members to collect and redeem Canadian Tire Money across CTC's banners. A cornerstone of CTC's new True North strategy, Triangle Rewards is enhancing its value to Canadians through more personalized offers and a coordinated strategy combining its banner stores, the unique retail-driving capability of Triangle Cards, and everyday partners like Petro-Canada, RBC and other leading brands currently in negotiation. Avion Rewards, Canada's largest proprietary loyalty program, has been a leader in loyalty for more than 20 years and is available to all Canadians, regardless of where they bank. It provides Canadians with the flexibility to shop, save, earn and redeem for everyday merchandise, aspirational rewards and experiences. With its market-leading travel value proposition, extensive roster of over 2,000 retail partners, unparalleled experiences, innovative features and payment capabilities, Avion Rewards provides its members with a comprehensive rewards experience that spans their entire shopping journey. For more information, visit FORWARD-LOOKING INFORMATIONThis press release contains information that may constitute forward-looking information within the meaning of applicable securities laws, including the "safe harbour" provisions of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation, which reflect RBC and CTC management's current expectations regarding future events and RBC and CTC's strategy. Forward-looking information in this press release includes, but is not limited to, information related to: enhanced value and benefits to the Avion Rewards and Triangle Rewards programs, increased Triangle Rewards loyalty membership, increased CTC sales, exclusive offers and promotions through RBC and Avion Rewards and potential Triangle Rewards loyalty partnerships under negotiation. The forward-looking information contained in this press release is presented for the purpose of assisting holders of our securities and financial analysts in understanding the partnership and may not be appropriate for other purposes. Often, but not always, forward-looking information can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "estimate", "plan", "can", "could", "should", "would", "outlook", "target", "forecast", "anticipate", "aspire", "foresee", "continue", "ongoing" or the negative of these terms or variations of them or similar terminology. Although RBC and CTC believe that the forward-looking information in this press release is based on information, estimates and assumptions that are reasonable, RBC and CTC caution readers not to place undue reliance on such forward-looking information since it is necessarily subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking information. For information on the material risks, uncertainties, factors and assumptions that could cause actual results to differ materially from the forward-looking information, refer to section 14.0 (Forward-Looking Information and Other Investor Communication) of CTC's 2024 Fourth Quarter and Full-Year Management's Discussion and Analysis and all subsections therein, available on the SEDAR+ website at and and the risk sections of RBC's 2024 Annual Report and the Risk management section of RBC's Q1 2025 Report to Shareholders, as may be updated by subsequent quarterly reports, available on the SEDAR+ website at and RBC and CTC do not undertake to update any forward-looking information, whether written or oral, except as is required by applicable laws. About RBCRoyal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About Canadian Tire CorporationCanadian Tire Corporation, Limited (TSX: CTC.A, TSX: CTC, "CTC") has been a proudly Canadian business since 1922. Guided by its brand purpose, "We are here to make life in Canada better," CTC has built an expansive national retail presence, exceptional customer brand trust and one of Canada's strongest workforces – employing, along with its local Dealers and franchisees, tens of thousands of Canadians. At its core are retail businesses, each designed to serve life's pursuits: Canadian Tire, offering products spanning Living, Playing, Fixing, Automotive, and Seasonal & Gardening, bolstered by notable banners Party City and PartSource; Mark's, a leading source for casual and industrial wear; SportChek, Hockey Experts, Sports Experts and Atmosphere, offering the best brands of active wear and gear; and Pro Hockey Life, a hockey specialty store catering to elite players. CTC's banners, brand partners and credit card offerings are unified through its Triangle Rewards loyalty program – a linchpin of CTC's customer-driven strategy. With nearly 12 million members, Triangle integrates first-party data to deliver valuable rewards and personalized experiences across nearly 1,700 retail and gasoline outlets. CTC also operates a retail petroleum business and a Financial Services business and holds a majority interest in CT REIT, a TSX-listed Canadian real estate investment trust. For more information, visit FOR MORE INFORMATION RBC: Julia Miller Corporate Communications, RBC Canadian Tire Corporation: Media: Stephanie Nadalin, (647) 271-7343, Karen Keyes, (647) 518-4461, SOURCE Canadian Tire Corporation, Limited View original content to download multimedia: Sign in to access your portfolio
CBC
17-03-2025
- Business
- CBC
Which loyalty reward program will save you the most money?
Social Sharing Rewards programs are everywhere. For businesses, they are all about luring and retaining customers through discounts, points and deals, and tracking consumer behaviour for marketing purposes. But how do you know which one is the best for you? It depends on where you shop, what you buy, and how much effort you want to put into it. To help you out, the Deal Diva took a deep dive into four reward programs for CBC Radio's The 306. In each segment, she gives an overview of the rewards program, how to earn, how to spend, and how to maximize its benefits. Triangle Rewards Triangle Rewards are basically a new, digital version of "Canadian Tire Money," which is the OG of loyalty programs, starting in the 1950s. It has since expanded to more than Canadian Tire – Triangle Rewards can be earned and used at Sport Chek, Marks, Atmosphere and Sports Experts, to name a few. So, if you are an outdoorsy person who's into sports or hockey, this program is for you! Scene+ You might remember Scene when it first started out as a rewards program for Cineplex movie theatres. In 2021, Cineplex joined forces with Scotiabank for a big revamp. Now, there are many more partners and ways to earn, including at restaurants and grocery stores. Air Miles Air Miles started back in 1992 and for years it was a much-beloved program heavily focused on travel rewards. About eight years ago, the company announced Air Miles would expire after a certain timeframe. That made a lot of longtime collectors angry, and a bunch of partners, including Sobeys, Safeway and Rexall, jumped ship. In 2023, when Air Miles's parent company filed for bankruptcy, BMO to signed a deal to take over and reinvigorate the program. PC Optimum Shoppers Drug Mart launched its Optimum program 25 years ago, and it quickly became one of the biggest customer loyalty programs in Canada. It has since expanded to include Loblaw-owned grocery stores and gas stations, among other businesses. Love deals? Click here for more Deal Diva segments for more great tips on saving money.
