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  "documentTitle": "Canadian Tire Corporation (CTC.A)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-12-05 00:00:00",
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      "text": "Wayfair is a prime example of the growing e-commerce threat to Canadian Tire’s brick-and-mortar business.",
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      "text": "Wayfair is a prime example of the growing e-commerce threat to Canadian Tire's brick-and-mortar business. We believe this risk is being overlooked by the market as sell-side analysts have not mentioned Wayfair in their research.",
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      "text": "\"In Canada, we're seeing sequential acceleration in growth.\" — Niraj Shah, Wayfair Q2 2019 Earnings Call. \"And then Canada, I think we have a leadership position in the home market. We grew very quickly in Canada. I think we were able to offer selection to the Canadian customer the way they hadn't ever seen before.\" — Steve Conine, Goldman Sachs Global Retailing Conference.",
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      "text": "Source: Wayfair.ca, Company earnings call transcripts",
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      "text": "Quotes from Canaccord Genuity and Goldman Sachs conferences and Wayfair earnings calls.",
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      "text": "Wayfair: More Competition Is Coming",
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