Rona (store)
RONA inc. is a Canadian chain of home improvement stores. They are headquartered in Boucherville, Quebec. They have around 425 store locations all across Canada and one in Saint Pierre and Miquelon, France.[1] They sell product such as home improvement tools and materials for construction.
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Formerly |
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| Subsidiary | |
| Industry | Retail |
| Founded | 1939; Boucherville, Quebec |
| Founders |
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Number of locations | 425 |
Areas served | Canada Saint Pierre and Miquelon, France (as Derrible) |
Key people | JP Towner (CEO) |
| Products | Home improvement materials, tools, construction |
| Parent | Sycamore Partners |
| Website | ronainc.ca |
In September 1939, the company was created by a group of independent hardware retailers in the Montreal-area under the name "Les Marchands en Quincaillerie" (The Merchants of Hardware).[2] Les Marchands en Quincaillerie founders Roland Dansereau and Napoleon Piotte officially named the company Ro-Na after the syllables of their first names. It was later shortened and they dropped the hyphen.[3]
In 2007, RONA purchased the Burnaby, British Columbia-based company Dick's Lumber.[4]
On February 3, 2016, it was announced that U.S. hardware company Lowe's had purchased Rona for $3.2 billion.[5] After the purchase, Rona had to remove their "Truly Canadian" and "Proudly Canadian" signs after a complaint from Advertising Standards Canada that it was misleading.[6] In November 2022, Rona was sold by Lowe's to Sycamore Partners.[7]
In July 2023, Rona decided to create the Rona+ banner and began to phase out their Lowe's branding.[8]
Rona (store) Media
Rona Home & Garden in Regina, Saskatchewan
Réno-Dépôt in Laval, Québec
RONA+ in Windsor, Ontario
Former Revy Home & Garden in Alberta in 2001
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References
- ↑ "The RONA brand extends its reach in Canada". Rona. Retrieved March 7, 2025.
- ↑ "RONA celebrates 85 years in style". Rona. Retrieved March 7, 2025.
- ↑ "History File RONA's 75th Anniversary". Rona. Retrieved March 7, 2025.
- ↑ "Rona nails deal for B.C. building supply firm Dick's Lumber". The Globe and Mail. Retrieved March 7, 2025.
- ↑ "Lowe's offers $3.2B to take over Canadian rival Rona". CBC News. Retrieved March 7, 2025.
- ↑ "'Truly Canadian'? American-owned RONA removes signs after ad complaint". CBC News. Retrieved March 7, 2025.
- ↑ "Hardware giant Lowe's selling Canadian retail operations, including RONA, to private-equity firm". The Globe and Mail. Retrieved March 7, 2025.
- ↑ "Rona Inc. Launches the Brand-New RONA+ Banner". Canada Newswire. Retrieved March 7, 2025.
