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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 ...
Lowe's also expanded into western Canada, starting with three new stores in Calgary, Alberta. One of the three locations opened in late September 2010. The other two opened in early 2011. There are now stores in British Columbia, Manitoba and Saskatchewan. To date (2018) Lowe's has 62 locations in Canada.
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. [12]
Home improvement chain Lowe's Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday.
Lowe's, a big box home improvement chain. Lowe's Canada, former Canadian division of Lowe's. Lowes Foods, an American grocery store chain. Lowes Menswear, an Australian menswear chain. Lowe's Market, a regional supermarket chain with locations in Texas, New Mexico, Colorado, and Arizona.
List of Canadian retail closures (21st century) Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.
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