TORONTO — The takeover of RONA by Lowe’s will create the largest home improvement retailer in Canada. Lowe’s expansion strategy now includes Canada’s second-largest province, even as the industry faces further consolidation. HARDLINES’ own editor gives his take in this interview with BNN television (with corrected link). (Editor’s Note: He’s got his numbers wrong – the new company will be close to $6 billion in sales, but still #1 in Canada.)
AND: check out the insights of Gary Hamilton, president of the Western Retail Lumber Association, who tells BNN about the deal’s potential impact on independents!
