December 21, 2016

Rona Flyer December 1 - 7, 2016

Rona Flyer - Rona is a Canadian retailer of home improvement and construction products and services. Founded in 1939, the company operates a mix of company-owned and franchised dealers under several banners, including Rona, its big box formats Rona Home and as well as smaller brands like Rona Cashway, Marcil Centre de renovation and Dick's Lumber. On February 3, 2016 US retailer Lowe's announced that it would acquire Rona for $ 3.2 billion is awaiting government approval. Lowe's plans to maintain Rona retail brands after the merger.

Canadian Weekly Flyers - While Home Depot and Lowe's stores are all owned, Rona Home & Garden stores are a combination of corporately owned and franchise, despite the massive investment required to build such a store. As big box home improvement stores in the market, Rona countered by bringing together successful owners of small Rona affiliate stores in Quebec to invest in one or more big box format stores. Many Rona Home & Garden locations in this province has local ownership, a tradition in the family hardware store, and a great flexibility to adapt to the market at the store level. Most of Rona big-box format stores in the rest of Canada is corporate-owned.

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