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In 1999, Rona opened a new warehouse adjacent to its headquarters, measuring 654,000 square feet (ca. 6 ha), doubling its warehousing capacity. In the year 2000, Rona acquired Ontario-based Cashway Building Centres, with 66 stores. In the same year, Rona opened its online store on the rona.ca website. In 2001, Rona acquired 51 Revy Home and ...
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. [5]
Kresge (Canadian division) – discount store chain; Lumberland Building Materials (BC-based store founded in Surrey; it merged with Revy Home Centres in 1997, [2] which then was acquired by Rona in 2001) LW Stores – discount store chain; acquired by Big Lots in 2010 and closed all stores in 2014
Four years later, Rona, Inc., signed an agreement with Ace Hardware for the master license to the Ace brand in Canada. [61] Lowe's completed its acquisition of Rona in May 2016. [62] Rona assigned the Winnipeg office as Ace Canada, formally TruServ Canada, to manage the Ace Brand. As of June 2016, there are 62 Ace-branded stores in Canada. [5]
A&P. Perhaps one of the best-known defunct grocery store chains, A&P, or the Great Atlantic & Pacific Tea Company, traces its roots back to 1859, beginning as a mail-order tea business in New York ...
Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.
On February 3, 2016, Rona announced that it had accepted an offer to be acquired by Lowe's for CDN$3.2 billion, pending regulatory and shareholder approval. The division would remain under the leadership of Sylvain Prud'homme, but would be operated out of Rona's headquarters in Boucherville. Lowe's maintained Rona's retail banners, "key ...
A sign adorns a Billabong store in Sydney' s CBD on August 28, 2014, as the embattled Australian surfwear firm posted a 218.2 million USD net annual loss.