Couple of canadian examples of companies diversifying

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Corporate strategies for diversifying your business. A couple of Canadian examples of companies diversifying through acquisition are Loblaws (largest grocery chain in Canada) purchasing Shoppers Drug Mart in 2014, and Canadian Tire purchasing SportChek in 2011 and Party City in 2019. What do you think are the strategic advantages and disadvantages for Loblaws and Canadian Tire in making these acquisitions in the Canadian retail landscape?

Reference no: EM133154140

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