Throwback Thursday is a regular weekly feature in which we dip into the archives of the Hardlines Weekly Report.
On Feb. 27, 2000, twenty-five years ago today, we reported on an announcement from Totem Building Supplies, then a TIMBER MART member based in Alberta. The regional chain would open its eleventh store, we wrote, in Airdrie, Alta., 10 miles north of Calgary. It would open by the end of that year. Four years later, RONA bought Totem, which by then was up to 14 stores, all in Alberta, with sales of $260 million a year. The purchase price of the Totem acquisition was $100 million in cash.
