The retailer said that will include expanding its Triangle Rewards loyalty program, improving online-order pick-up and adding technology to its stores. The company made the announcement as part of a four-year, $3.4-billion growth plan, which aims to grow comparable sales, excluding gas, by an average of more than four per cent annually. (The Logic)

Talking point: Canadian Tire will launch Triangle Select, an annual fee-based membership program, across the country. It also plans to expand its banking products, with more buy-now, pay-later options for travel and vacations. The retailer will add automated lockers for click-and-collect orders, and expand use of electronic shelf labels and other connected-store features. It will add a robotics automated system to warehouses in Calgary, Montreal and Brampton, Ont. Scotiabank analyst Patrica Baker called the news “positive” and applauded the promised changes. The company has faced criticism over its slow adoption of e-commerce and struggled to keep up with pandemic-induced demand.