As of Apr 1, 2017, Canadian Tire operated 1,703 stores systemwide including 501 Canadian Tire stores, 90 PartStores, 434 Sports stores (176 franchised), 382 Mark's stores (33 franchised) and 296 Canadian Tire gas bars in 14 provinces in Canada.
In fiscal 2016, the company opened 4 net stores, systemwide, including 2 net Canadian Tire stores and 2 net Marks stores. During the first quarter of fiscal 2017, the company added 1 net store, systemwide.
At year-end, the company directly or indirectly, through its majority interest in CT REIT, owned the majority of its Canadian Tire store properties. The remaining Canadian Tire stores, as well as almost all of the Mark’s and FGL Sports stores, operate in leased locations. Lease terms are 1-20 years and typically hold options to renew.
Canadian Tire stores range from 3,155 to 134,020 square feet and average approximately 42,100 square feet. PartSource stores average approximately 3,300 square feet, sports stores average approximately 17,700 square feet and Mark's stores average approximately 9,400 square feet.
|Total gross square feet (M)||32,859||33,359||32,159||31,558||30,858||30,254|
|Total gross square feet growth||1.5%||3.7%||1.9%||2.3%||2.0%||0.4%|
|Avg store gross sq ft||19,300||19,600||18,900||18,600||18,300||17,400|
|Avg store gross sq ft growth||1.3%||3.5%||2.0%||1.5%||5.1%||3.5%|
Notes:Reflects systemwide figures, including company-operated and franchised stores; reflects acquisition of FGL Sports in Aug 2011