Ryan Mathews

Consumers Go for Bad Idea and Buy Food in Tire Stores

February 25, 2010

FROM RETAILWIRE:
In a RetailWire poll back in October 2008, respondents were asked, "How difficult is it for a retailer not in the food business to succeed at selling groceries?" It appears as though Canadian Tire is beating the poll's odds as the chain has expanded food sales.... What challenges will Canadian Tire face if it significantly ramps up its food operations?      [more...]

First of all, let's look at a non-food retailer who crept into the food business. What was their name...er...oh, yes...Wal-Mart.

Secondly, they don't need to try to become a grocery powerhouse--they only need to make a profit selling grocery items. Profitability is, after all, the first step to "powerhouseness."