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RONA in Markham, Ontario Former RONA Cashway in Milton, Ontario Rona Home & Garden in Quebec Réno-Dépôt in Laval, Québec RONA+ in Windsor, Ontario. Rona, Inc. (stylized as RONA) is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners.
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 banners and relocating its operations to Rona's headquarters in Boucherville, Quebec. Some of Rona's ...
In September 2003, Rona Inc. acquired Réno-Dépôt; following the merger, the Ontario-based Building Box stores were re-branded as Rona Home & Garden. [4] The purchase was part of a plan to establish more "big box" stores to accompany its smaller specialty outlets and compete with the U.S.-based chain The Home Depot .
Peavey Industries completed its acquisition of the division in 2017, [2] [3] more than doubling the company's retail footprint from 34 stores predominantly in Western Canada, to 85 with an expanded presence in Manitoba and Ontario. [2] The Manitoba TSC stores were rebranded as Peavey Mart in 2016, and the Ontario stores in 2021. [2] [4]
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Open competition also brought an end to the pattern of long distance subsidizing local service, bringing per-minute charges down to levels where any business could afford to take orders using an 800-number. Originally, 800 service in the US and 800 service in Canada were isolated from each other, but in 1984, an agreement between carriers in ...
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