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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 ...
List of defunct stores. This is a list of Canadian retail stores that have gone out of existence due to either bankruptcy, a merger or takeover where their name is no longer in use. A&B Sound; Big Lots! Canada — Department store; A&P — Canadian unit of US-based grocery store chain; Adventure Electronics; Aikenhead's Hardware — hardware store
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. In November 2022, Lowe's agreed to sell its Canadian operations to the private equity firm Sycamore Partners for $400 million. with the Lowe's stores expected to be rebranded under the Rona brand in the ...
History. In September 1939, Rona was founded as "Les Marchands en Quincaillerie" (The Merchants of Hardware), an alliance of independent Montreal -area hardware retailers who sought the buying power to bypass wholesalers and deal directly with manufacturers. On July 20, 1960, the Ro-Na name was adopted, named after Rolland Dansereau and ...
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 ...
Canadian Tire Bank (CTB) is the retail deposit-taking and credit card issuing arm of the company. Held indirectly under the Canadian Tire Services, Limited, holding company, Canadian Tire Bank (CTB), a bank under Canada's Bank Act since 2003.
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