Retailer Canadian Tire Warns Consumers Are Cracking Under High Rates

Canada’s largest publicly traded, big-box retailer is withdrawing its ambitious long-term profit target, saying inflation and higher interest rates are hammering consumer demand. #press

https://www.bloomberg.com/news/articles/2023-08-10/big-box-retailer-s-warning-suggests-canada-consumers-are-cracking-under-rates?utm_source=press.coop

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