Lowe’s to Close 34 Stores in Canada Including RONA & Reno-Depot

Today Lowe’s announced the closing of 34 of its underperforming stores, including RONA and Reno Depot. “While making decisions that impact our associates and their families is never easy, closing underperforming stores is a necessary step in our plan to ensure the long-term stability and growth of our Canadian business,” declared Tony Cioffi, Interim President of Lowe’s Canada. “We are taking decisive action to build a healthy business which will provide us with the flexibility to reinvest in our future growth. This includes having a clear strategy for our banners, built on the strength of our Lowe’s, RONA and Reno-Depot brands. It also means investing in our omnichannel and supply chain capabilities, our web platforms, and our existing corporate stores and affiliated dealer network. Our objective continues to be providing our Canadian customers with the right products and the best service and value across every channel, for the long term.”

Store closures and dates:

One response to “Lowe’s to Close 34 Stores in Canada Including RONA & Reno-Depot”

  1. Christopher says:

    Surprised none in Toronto, for now. Too many Home Renovation stores to begin with, I believe there is too many Home Depots.


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