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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. [17]
In February 2020, Lowe's closed 34 lower performance stores, 26 that were under the Rona brand, 6 Lowe's stores, and 2 Réno-Dépôt stores. [72] In November 2022, Lowe's agreed to sell its Canadian operations to the private equity firm Sycamore Partners for $400 million. [73] [74] with the Lowe's stores expected to be rebranded under the Rona ...
Hart Stores. HomeSense Canada — Canadian units of US-based HomeSense, owned by TJX. Hudson's Bay — owned by American group, NRDC Equity Partners. La Maison Simons. Lens Mill Store. Marshalls Canada — Canadian unit of US-based Marshalls, owned by TJX. Giant Tiger. Red Apple Stores. Fields.
Canadian Tire is known for its Canadian Tire money, a loyalty program first introduced in 1958 using paper coupons that resemble banknotes. The company's head office is located at the Canada Square Complex in Toronto, Ontario, and it is listed on the Toronto Stock Exchange.
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 ...
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