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AI & Loyalty Drive Canadian Tire Sales | Vancouver News
Description
Canadian Tire’s sales edged up 0.7% last quarter, fueled by smart AI pricing and the booming Triangle Rewards loyalty program as shoppers hunt for value. Their AI, DaiVID, identifies over 5,000 products—like cleaning and storage items—to discount strategically. Competitors including Dollarama, Walmart, and Metro are also riding the value wave, with Metro even rebranding stores to Food Basics. Amid rising costs for food and gas, consumers are tightening their belts—and Sport Chek saw an 8% sales surge thanks to World Cup gear and its 12 million+ loyalty members, who outperform non-members. Canadian Tire is doubling down on tech and rewards to stay ahead in a cash-conscious market.
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