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Canadian Tire Investing CA$200 Million to Upgrade Mark's Stores Through 2028

Canadian Tire Investing CA$200 Million to Upgrade Mark's Stores Through 2028

MT newswireMT newswire2026/11/04 15:04
11:04 AM EST, 11/04/2026 (MT Newswires) -- Canadian Tire (CTC-A.TO) is investing CA$200 million to upgrade its Mark's stores through 2028, the company said Wednesday. The funds will be used to expand Mark's new "Bigger, Bolder, Better" store concept with its largest store yet opening in Thunder Bay, Ontario, the company said. The new format locations better allows Mark's to expand its casualwear business, and build on its strength in industrial workwear, and has been well-received by customers, it added. Mark's currently operates 21 new format locations, and aims to increase this number to 40 by 2028. There are 387 stores in the Mark's network across Canada. Canadian Tire shares were last seen up CA$6.31 to CA$208.99 on the Toronto Stock Exchange.. Price: 208.98, Change: +6.30, Percent Change: +3.11
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