Rona (store)
Canadian home improvement retailer / From Wikipedia, the free encyclopedia
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Rona, Inc. (stylized as RONA) is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden (Rona L’Entrepôt in Quebec), Rona+, and Réno-Dépôt, as well as smaller brands such as Rona Cashway, Moffatt & Powell[3] and Dick's Lumber.
 | |
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | Retail |
| Founded | 1939; 85 years ago (1939) |
| Founders | Rolland Dansereau Napoleon Piotte |
| Headquarters | 220 Ch. du Tremblay, Boucherville, Quebec J4B 8H7, |
Number of locations | Around 470; 14 Home & Garden locations; ~61 Rona+ locations |
Area served | Canada Saint Pierre and Miquelon, France (as Derrible) |
Key people | Andrew Iacobucci (CEO) |
| Products | Home improvement |
| Revenue | $4.2 billion CAD (2013)[1] |
 $332.9 million CAD (2009)[2] | |
 $43.2 million CAD (2010)[2] | |
Number of employees | approx. 52000 (2023) |
| Parent | Sycamore Partners |
| Subsidiaries | Rona Home & Garden (Rona L’Entrepôt in Quebec) Rona+ (formerly Lowe's) Rona Home Centre Rona Cashway Rona Lansing Rona Coast Builders Rona Tyee Building Supplies L. P. Rona Powell River Building Supply Ltd. Mack Foster Building G.A. Hardware Ltd. Derrible Réno-Dépôt Dick's Lumber |
| Website | ronainc.ca |
Lowe's acquired Rona for $3.2 billion CAD in May 2016.[4] In November 2022, Lowe's announced it would sell its Canadian operations, including Rona, to Sycamore Partners; the deal was completed the following February.[5][6] Rona announced in July 2023 that it would begin converting former Lowe's locations to the new banner Rona+.