Brief: Canadian Tire Corporation Expands Mark's Store Footprint Through Bed, Bath & Beyond Lease Acquisition

Bed Bath & Beyond

02/05/2023 20:26

May 2 (Reuters) - Canadian Tire Corporation Ltd
 CTCa.TO :
    * CANADIAN TIRE CORPORATION EXPANDS MARK'S STORE FOOTPRINT
THROUGH
BED, BATH & BEYOND LEASE ACQUISITION
    * CANADIAN TIRE CORPORATION- AGREEMENT TO BUY 10 REAL ESTATE
LEASES, FORMERLY HELD BY BED, BATH & BEYOND IN CANADA FOR FINAL
PURCHASE PRICE OF $1.6 MILLION.
    * CANADIAN TIRE - IN ADDITION TO MARK'S RELOCATIONS,
AGREEMENT
WILL ALLOW CTC TO IMPLEMENT PLANS FOR FOUR NEW PRO HOCKEY LIFE
(PHL) STORES IN ONTARIO
    * CANADIAN TIRE CORPORATION LTD - ACQUIRING THESE LEASES
WILL
ENABLE CTC TO CONTINUE BUILDING ON GROWTH OF ITS MARK'S AND PRO
HOCKEY LIFE (PHL) BANNERS

Source text for Eikon:  ID:nCNWvJDfla 
Further company coverage:  CTCa.TO 

 ((Reuters.Briefs@thomsonreuters.com;))