UPDATE 2-Canadian Tire to expand Sports Chek, Atmosphere chains

Newswire

* Company will open 100 Sports Chek, Atmosphere stores * 115 unprofitable stores under other names to close * Store closures estimated to cost C$26 mln * Canadian Tire shares drop 1.5 pct in Toronto (Adds details, comments from president of FGL Sports, analyst) By Claire Sibonney May 30 (Reuters) - Canadian Tire Corp Ltd will open more than 100 new Sport Chek sporting goods stores and Atmosphere outdoor gear shops over the next five years, while shutting down 115 unprofitable outlets ...

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