The Full Wiki

Rona (company): Wikis

Advertisements
  
  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

For other meanings of Rona, see Rona (disambiguation)
Rona Inc.
Type Public (TSXRON)
Founded Boucherville, Quebec (1939)
Headquarters Boucherville, Quebec
Key people Robert Dutton - President and CEO
André H. Gagnon - Chairman
Industry Home improvement
Products Retail (Home improvement)
Revenue Green Arrow Up.svg$6.3 billion CAD
Employees 27,000
Website www.rona.ca
A Rona Cashway store in Milton, Ontario.

Rona Inc. (TSXRON) is a Canadian distributor and retailer of hardware, home improvement and gardening products. Rona was founded in 1939. Rona operates a network of some 680 stores and is the leading distributor and retailer in its market with more than 27,000 employees. The Rona network represents over 15 million square metres and annual sales approaching $6.3 billion. The company holds an 11% share of its nationwide market. The corporate headquarters are located in Boucherville, Quebec. Administration centres are located in Surrey, British Columbia and Etobicoke & Toronto, Ontario.

Contents

History

1939 - Rona is founded in September as "Les Marchands en Quincaillerie" (The Merchants of Hardware), an alliance of independent Montreal-area hardware retailers who sought the buying power to bypass wholesalers and deal directly with manufacturers.

1950s - Ro-Na name adopted, after ROlland Dansereau and NApoleon Piotte, two of the founders of Les Marchands en Quincaillerie. Ro-Na member stores begin adding the Ro-Na logo to identify themselves as members of the buying co-operative.

Rona's bird logo was introduced in 1965 and used on some products and affiliate store logos until 1998.

1982 - Rona purchased the assets of Botanix.

1984 - Rona created a purchasing alliance with Ontario-based Home Hardware Stores Ltd. through Alliance Rona Home Inc.

1988 - Rona merged with Dismat, another building materials company, to create Rona Dismat Group Inc.

1990 - Rona formed an alliance with Hardware Wholesalers, Inc. of Fort Wayne, Indiana.

1997 - ITM Entreprises S.A., a France-based group, invests $30 million in the Rona Dismat Group Inc. ITM becomes a shareholder and forms a purchasing alliance with Rona.

1998 - Rona eliminates the Le Quincailleur and Dismat names and introduces Rona L'express, Rona L'express Matériaux and Rona Le Rénovateur Régional. It also changes its name from Rona Dismat Group Inc. to Rona Inc.

1999 - Rona opens a new warehouse adjacent to its headquarters, measuring 654,000 square feet (61,000 m²), doubling its warehousing capacity and achieving considerable cost savings.

2000 - Rona acquires Cashway Building Centres, with 66 stores. It permanently opens its online store on the rona.ca website.

2001 - Rona acquires 51 Revy, Revelstoke and Lansing stores, thus owning many more stores in the Greater Toronto Area. Revy was a BC-based company.

2002 - Rona closes a public offering consisting of a total offering of $150.1 million of Common Shares. Rona's Common Shares are then traded on the Toronto Stock Exchange under the symbol "RON".

2003 - Rona acquires Réno-Dépôt Inc. from British Kingfisher plc, including The Building Box stores. Rona also opens its third large distribution center in Calgary, Alberta.

2004 - Rona acquires Totem Building Supplies Ltd., an Alberta company. Rona Dream Home airs on Global. Rona also joins the AIR MILES Reward Program.

2005 - Rona Dream Home 2 airs on Global.

2006- Rona acquires Stephens Home Centre/ Castle Inc., Sydney N.S

2006 - Rona acquires a majority (51%) stake in Matériaux Coupal Inc.

2006 - Rona acquires Curtis Lumber Building Supplies

2006 - Rona acquires St. John's, NL based Chester Dawe Limited

2007 - Rona acquires Burnaby, BC based Dick's Lumber

2007 - Rona acquires Concord, ON based Noble Trade

Rona "big box" stores

In the 1990s, under competitive pressure from The Home Depot and other big box retailers, Rona established the Rona Home & Garden stores.

Rona Home & Garden stores are large, ranging from 85,000 to 150,000 square feet, with a warehouse-style similar to The Home Depot and Lowes.

While The Home Depot and Lowe's stores are all company owned, Rona Home & Garden stores are a combination of corporately owned and franchised, despite the massive investment required to build such a store. As big box home improvement stores entered 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 that province thus have local ownership, a tradition of the family hardware store, and a great deal of flexibility to adapt to the market at store level. Most of Rona's big-box format stores in the rest of Canada are entirely corporate-owned.

Companies operating under the Rona banner

  • Curtis Lumber
  • Rona Botanix
  • Rona Building Center
  • Rona Cashway
  • Rona Cash & Carry
  • Rona Hardware
  • Rona Home & Garden
  • Rona Home Centre
  • Rona L'entrepôt
  • Rona L'express
  • Rona matériaux
  • Rona Lansing
  • Rona Le Quincailler
  • Rona Rénovateur
  • Rona Rénovateur régional
  • Réno-Dépôt
  • Studio par RONA
  • The Building Box
  • Totem Building Supplies

References

External links

Advertisements

Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message