SPECIAL REPORT ― Home Depot and Lowe’s reported strong second-quarter results, thanks in large part to the recovery of the housing market in the U.S. While the economic climate in Canada is not nearly as buoyant, both companies are banking on good growth here as well…
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RONA to test new format for its traditional big boxes
BOUCHERVILLE, Que. — Even as it rolls out a big box model for its Reno-Depot stores, RONA inc. has now revealed a strategy for its traditional big boxes, as well…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
FROM THE ARCHIVES: This week in 1995
Home Hardware gets a big win in Quebec with the signing of L’Esperance. Turkstra, a big ILDC member, adds a store. And Beaver Lumber hits the airwaves with a new TV ad. Meanwhile, the Western Show in Vancouver prepares to play host to retailers such as Totem, Lumberland, and IRLY. Click here to read these blasts from the past!
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Orgill to acquire Chalifour Canada from TIM-BR MART
VAUGHAN, Ont. & MEMPHIS — TIM-BR MART Group has announced the sale of the hardlines assets of its distribution arm, Chalifour Canada, to Memphis-based hardware wholesaler Orgill…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Home Depot now Canada’s largest home improvement retailer
TORONTO ― The Home Depot Canada is now Canada’s largest home improvement retailer, while a collection of independent dealers operating under a single banner weighs in at the number-two spot…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Orgill creates new entity to expand Canadian operations
MEMPHIS — Orgill, the giant U.S.-based hardware wholesaler, has solidified its growing presence in this country with the announced acquisition of Chalifour Canada…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Lowe’s 40th store opens in Saskatoon
SASKATOON — Lowe’s opened its 40th store in Canada last week in Saskatoon. The latest opening reflects the retailer’s concentration on smaller footprints with about 86,000 square feet of retail space plus a 15,500-square-foot garden centre…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
RONA’s Q2 results indicate effectiveness of turnaround strategy
BOUCHERVILLE, Que. ― RONA’s second-quarter results announced earlier this month painted a picture of a successful turnaround underway…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
U.S. housing recovery buoys Lowe’s, Home Depot’s results
MOORESVILLE, N.C. & ATLANTA ― Buoyed by a strong housing market in the U.S., the world’s two largest home improvement retailers posted solid second-quarter results…
>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.
Lowe’s hires supply chain VP, plans DC relocation
TORONTO — With 39 stores already and another 14 planned for the next 10 to 18 months, Lowe’s Canada is beefing up its supply chain…