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In the 1990s, Rona established the Rona Home & Garden stores. Rona Home & Garden stores are large, ranging from 85,000 to 150,000 square feet (7,900 to 13,900 m 2), with a warehouse-style similar to The Home Depot and Lowe's. Faced with chronic under-performance in some markets outside of Quebec, Rona closed six big box stores in 2012, five in ...
Easton Town Center is a shopping center and mall in northeast Columbus, Ohio, United States.Opened in 1999, the core buildings and streets that comprise Easton are intended to look like a self-contained town, reminiscent of American towns and cities in the early-to-mid 20th century.
In 2007, Federated Department Stores became Macy's Group Inc. and rebranded all of the Lazarus stores, including the Kingsdale location, as Macy's. [ 32 ] Although the 2001 deal fell through, Continental Real Estate, developers of Lennox Town Center and parts of Easton and the Arena District , [ 13 ] purchased Kingsdale in late 2009. [ 33 ]
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]
Lowe's maintained Rona's retail banners, "key" executives, and the "vast majority of its current employees" post-acquisition. [71] 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. [72]
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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]
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