Canadian Tire and Uni-Select announce a new strategic alliance to enhance auto parts supply and distribution
TORONTO, ON and BOUCHERVILLE, QC, Dec. 17 /CNW/ - Canadian Tire and Uni-Select Network® today announced a new supply agreement that will enable Canadian Tire stores to provide more automotive replacement parts and faster service to customers at the store's automotive parts counter and service centres. This new agreement will allow the Uni-Select Network to provide automotive parts on an as-needed basis for parts not currently within Canadian Tire's own extensive assortment and will also enable PartSource to source parts from Uni-Select's warehouse distribution network. "This agreement reinforces Canadian Tire's leadership position in the auto parts market as it enables our customers to access thousands of brand name parts to service almost all vehicle makes and models," says Tony Kuczynski, vice-president, Automotive, Canadian Tire. "With access to more auto parts, we're also able to provide better on-site solutions and faster service to the 13,000 customers who use our auto service centres every day to get them back on the road and on their way as quickly as possible." Canadian Tire's partnership with Uni-Select provides for a three and a half year business agreement that becomes effective January 1, 2008. As the new preferred supplier of automotive parts, Uni-Select will be able to provide Canadian Tire with same-day access to more than 100,000 parts on an as-needed basis and in markets in which there is not currently a PartSource store. This agreement is a major component of Canadian Tire's automotive growth initiative announced earlier this year that focuses on growing the automotive hard parts business by expanding category assortments, improving local market access for same-day parts and enhancing in-store customer service. "Uni-Select and it's national member network of 1,100 point of sales is uniquely positioned to supply brand name automotive replacement parts, and to support Canadian Tire in servicing their customers," says Richard G..Roy, chief operating officer, Uni-Select Inc. Canadian Tire Corporation, Limited (TSX: CTC.a, CTC), operates more than 1,100 general merchandise and apparel retail stores, gas stations and car washes in an inter-related network of businesses engaged in retail, financial services and petroleum. Canadian Tire Retail, Canada's most shopped general merchandise retailer, with 468 stores operated by Associate Dealers across Canada offers a unique mix of products and services through three specialty categories in which the organization is the market leader - Automotive, Sports and Leisure, and Home Products. www.canadiantire.ca offers Canadians the opportunity to shop online. PartSource is an automotive parts specialty chain with 71 stores designed to meet the needs of purchasers of automotive parts - professional automotive installers and serious do-it-yourselfers. Canadian Tire Petroleum is one of the country's largest and most productive independent retailers of gasoline, operating 264 gas bars, 256 convenience stores and kiosks, and 75 car washes. Mark's Work Wearhouse is one of the country's leading apparel retailers operating 342 stores in Canada. Under the Clothes that Work™ marketing strategy, Mark's sells apparel and footwear in work, work-related, casual and active-wear categories, as well as health-care and business-to-business apparel. www.marks.com offers Canadians the opportunity to shop online. Canadian Tire Financial Services manages over 4 million Canadian Tire MasterCard accounts and markets related financial products and services for retail and petroleum customers. Canadians can also access Financial Services online at www.ctfs.com. Over 50,000 Canadians work across Canadian Tire's organization from coast-to-coast in the enterprise's retail, financial services, and petroleum businesses. Uni-Sélect is Canada's second largest distributor of automotive replacement parts, equipment, tools and accessories and through Uni-Select USA, Inc.; the company also provides services to customers in the United States where it is the 8th largest distributor. Its subsidiary, Palmar Inc., sells replacement parts, tools and accessories for heavy-duty vehicles and wheels in Canada. The Uni-Sélect Network includes over 2,000 independent jobbers and services over 3,100 points of sale in Canada and the United States. Uni-Sélect is headquartered in Montreal. Uni-Sélect shares (UNS) are traded on the TSX.
For further information:
For further information: Lisa Gibson, Canadian Tire, Tel: (416) 544-7655, lgibson@cantire.com; Richard G. Roy, Chief Operating Officer, or Denis Mathieu, Vice President and Chief Financial Officer, Uni-Select Inc., (450) 641-2440