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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 ...
Canada A former Lowe's location in Windsor, Ontario, converted to Rona+. Lowe's opened its first three stores in Canada on December 10, 2007, in Hamilton, Brampton and Brantford. On February 1, 2008, they opened three more stores in Toronto, East Gwillimbury, and a second store in Brampton as well as a new location in Maple (Vaughan).
Post-merger, Lowe's plans to maintain Rona's retail banners, and "continue to employ the vast majority of its current employees and maintain key executives from Rona's strong leadership team". Lowe's Canada will be operated from Rona's headquarters in Boucherville, but remain under the leadership of its current CEO Sylvain Prud'homme.
Updated. (Reuters) - Home improvement chain Lowe's Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with ...
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Hart Stores. HomeSense Canada ā Canadian units of US-based HomeSense, owned by TJX. Hudson's Bay ā owned by American group, NRDC Equity Partners. La Maison Simons. Lens Mill Store. Marshalls Canada ā Canadian unit of US-based Marshalls, owned by TJX. Giant Tiger. Red Apple Stores. Fields.
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