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In December 2016, Lowe's announced that it planned to convert selected Rona-branded stores to the Lowe's brand. [ 15 ] [ 16 ] In 2019, acting upon a public complaint, Advertising Standards Canada ruled that Rona's continued display of signage such as "Truly Canadian" and "Proudly Canadian" on storefronts following the sale to the American-based ...
Some of Rona's locations were converted to the Lowe's banner. In November 2022, Lowe's announced that it would sell its Canadian operations to Sycamore Partners for $400 million. Following the completion of the sale in 2023, Sycamore began to phase out the Lowe's brand in Canada, replacing it with the new Rona banner Rona+.
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]
Rona, Inc. (2003–2016) Lowe's Canada (2016–2023) ... Rona indicated its intentions to rebrand all remaining Réno-Dépôt stores to RONA+ as of October 10, 2024.
The chain primarily operates in Western Canada. In 2016, Peavey Industries acquired TSC Canada; its locations were rebranded as Peavey Mart, expanding the chain into Ontario, and expanding its presence in Manitoba. In 2020, Peavey Industries acquired the Canadian master license to Ace Hardware from Rona, servicing its 107 locations.
Home improvement chain Lowe's Companies Inc. (NYSE: LOW) this morning announced that it had dropped its hostile attempt to acquire Canadian home improvement retailer Rona Inc. Lowe's had offered ...
On May 11, 2015, Lowe's Canada announced that it would acquire the leases of 13 former Target Canada stores, as well as an Ontario distribution centre, for $151 million. [ 69 ] In 2012, Lowe's attempted to buy Rona, Inc. , a Quebec-based hardware chain.
The Prime Times ceased publication in November 2011 and Canstar and FP Canadian Newspapers launched a bi-monthly magazine, Winnipeg Boomer, on Nov. 26, 2011. Winnipeg Boomer ceased publication with its October 2012 issue and Uptown Magazine ceased publication as a standalone weekly newspaper on Oct. 25, 2012. It was relaunched as a section of ...
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