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Lowe's Canada, Inc. was the Canadian subsidiary of American home improvement chain Lowe's. [ 3] The Lowe's chain began an expansion into Canada in 2007, beginning with locations in Ontario, and later expanding into other provinces. In 2016, the company acquired its Canadian rival Rona Inc. for CDN$ 3.2 billion, assuming control of its store ...
In November 2022, Lowe's agreed to sell its Canadian operations (including the Lowe's-branded stores) to the American private equity firm Sycamore Partners, which also operates, among other properties, Staples Canada. [5] Following the sale, Rona planned to convert the Lowe's-branded stores to the Rona brand. [16]
On May 11, 2015, Lowe's Canada announced that it would acquire the leases of 13 former Target Canada stores, as well as an Ontario distribution centre, for $151 million. [70] In 2012, Lowe's attempted to buy Rona, Inc., a Quebec-based hardware chain.
Home improvement chain Lowe's Companies Inc. (NYSE: LOW) this morning announced that it had dropped its hostile attempt to acquire Canadian home improvement retailer Rona Inc. Lowe's had offered ...
Réno-Dépôt (known as Reno-Depot outside of Quebec) is a Canadian chain of home supply stores owned by Rona, Inc. Primarily operating in Quebec, Réno-Dépôt is a warehouse -styled format with a focus on discounted renovation and household hardware products. The chain briefly expanded into Ontario under the name The Building Box; following ...
This is a large shopping area for locals living on the west end of town. There are grocery supermarkets, electronic box stores, large Indigo bookstore, Lowes and Rona for home improvement, numerous fashion stores, banks, theatre, library, and many restaurants.
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