UPDATE 1-Canadian Tire to shut some FGL stores, expand Sport Chek brand

Newswire

* Says 'unprofitable' stores to be closed * Store closures estimated to cost C$26 mln * Sport Chek to be the 'super brand' outside Quebec (Adds details, shares) May 30 (Reuters) - Canadian Tire Corp Ltd's sporting goods chain, FGL Sports, will close 115 under-performing corporate stores and add larger new-concept stores. Canadian Tire, which sells automotive products, housewares and sporting goods, said FGL Sports plans to add more than 100 new Sport Chek and Atmosphere stores over the next ...

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