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Lowe's Canada
Lowe's Canada, Inc. was the Canadian subsidiary of American home improvement chain Lowe's. The Lowe's chain began an expansion into Canada in 2007, beginning with locations in Ontario, and later expanding into other provinces. In 2016, the company acquired its Canadian rival Rona Inc. for Canadian dollar, CDN$3.2 billion, assuming control of its store banners and relocating its operations to Rona's headquarters in Boucherville, Quebec. Some of Rona's locations were converted to the Lowe's banner. In November 2022, Lowe's announced that it would sell its Canadian operations to Sycamore Partners for $400 million. Following the completion of the sale in 2023, Sycamore began to phase out the Lowe's brand in Canada, replacing it with the new Rona banner Rona+. History The first store outside the United States was in Hamilton, Ontario, Canada. According to its website, Lowe's has operated/serviced more than 2,355 locations in the United States, Canada, and Mexico alone, although th ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Furniture
Furniture refers to movable objects intended to support various human activities such as seating (e.g., stools, chairs, and sofas), eating (tables), storing items, eating and/or working with an item, and sleeping (e.g., beds and hammocks). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards, shelves, and drawers). Furniture can be a product of design and can be considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from a vast multitude of materials, including metal, plastic, and wood. Furniture can be made using a variety of woodworking joints which often reflects the local culture. People have been using natural objects, such as tree stumps, rocks and moss, as furniture since the beginning of human civilization and continues today in some households/campsites. Ar ...
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East Gwillimbury, Ontario
East Gwillimbury is a town (lower-tier municipality) on the East Holland River in the upper-tier municipality the Regional Municipality of York. It is part of the Greater Toronto Area of southern Ontario, in Canada. It was formed by the amalgamation of the Township of East Gwillimbury with all the previously incorporated villages and hamlets within the township. The main centres in East Gwillimbury are the villages of Holland Landing, Queensville, Sharon, and Mount Albert. The Civic Centre (municipal offices) are located along Leslie Street in Sharon. The northernmost interchange of Highway 404 is at the North edge of East Gwillimbury, just south of Ravenshoe Road. The hamlets of Holt and Brown Hill are also within town limits. East Gwillimbury takes its name from the family of Elizabeth Simcoe, née ''Gwillim'', wife of Sir John Graves Simcoe, the first Lieutenant Governor of Ontario. Government The municipal council consists of a mayor and four councillors elected at larg ...
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Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ...
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Brantford
Brantford (Canada 2021 Census, 2021 population: 104,688) is a city in Ontario, Canada, founded on the Grand River (Ontario), Grand River in Southwestern Ontario. It is surrounded by County of Brant, Brant County, but is politically separate with a municipal government of its own that is fully independent of the county's municipal government. Brantford is situated on the Haldimand Tract, traditional territory of the Neutral Nation, Neutral, Mississaugas, Mississauga, and Haudenosaunee peoples. The city is named after Joseph Brant, an important Mohawk leader, soldier, farmer and slave owner. Brant was an important Loyalist (American Revolution), Loyalist leader during the American Revolutionary War and later, after the Haudenosaunee moved to the Brantford area in Upper Canada. Many of his descendants, and other First Nations in Canada, First Nations people, live on the nearby Six Nations of the Grand River reserve south of Brantford; it is the most populous reserve in Canada. Bra ...
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Brampton
Brampton ( or ) is a city in the Canadian Provinces and territories of Canada, province of Ontario. Brampton is a city in the Greater Toronto Area (GTA) and is a List of municipalities in Ontario#Lower-tier municipalities, lower-tier municipality within Regional Municipality of Peel, Peel Region. The city has a population of 656,480 as of the 2021 Canadian census, 2021 Census, making it the List of the largest municipalities in Canada by population, ninth most populous municipality in Canada and the third most populous city in the Greater Golden Horseshoe urban area, behind Toronto and Mississauga, Ontario, Mississauga. Indigenous peoples in Canada, Indigenous peoples have inhabited the Brampton area for thousands of years. Named after the town of Brampton, Carlisle, Brampton in Cumberland, England, Brampton was incorporated as a village in 1853 and as a town in 1873, and became a city in 1974. The city was once known as "The Flower Town of Canada", a title referring to its larg ...
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Sycamore Partners
Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. History Founding Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a Managing Partner at Golden Gate Capital and was employed since the firm's inception. Prior to joining Golden Gate, he co-founded Delray Farms, Inc. and also served as its Chief Executive Officer. Kaluzny received a BA from Yale University and an MBA from Harvard Business School. Morrow served as a Principal at Golden Gate before co-founding Sycamore. Peter Morrow received a BA from Stanford University and an MBA from Stanford Graduate School of Business. Holdings Current *CommerceHub * Staples (Acquired 2017) *Pure Fishing (Acquired January 2019) **Brands include: ABU Garcia, All Star, Berkley, Chub, Fenwick, Greys, Hardy, Hodgman, Johnson, JRC, Mitchell, Penn, Pflueger, Sebil ...
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Boucherville, Quebec
Boucherville is a city in the Montérégie region in Quebec, Canada. It is a suburb of Montreal on the South shore of the Saint Lawrence River. Boucherville is part of both the urban agglomeration of Longueuil and Montreal Metropolitan Community regional government. History Early history Boucherville was founded as a seigneurial parish in 1667 by Pierre Boucher, for whom the city was later named. Pierre Boucher came from Mortagne-au-Perche, Normandy, France. After having lived in Quebec City and Trois-Rivières, Boucher moved to the Percées Islands by the southern shores of Saint Lawrence River, where he founded Boucherville. The first Catholic church of the village of Boucherville was built in 1670. This church, made of wood, was eventually replaced in 1712 by a building made of brick. It was replaced in 1801 by the current Sainte-Famille Church. Several families left Boucherville in the 18th century to found the communities of Sainte-Julie and Saint-Bruno-de-Montarville. ...
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Canadian Dollar
The Canadian dollar ( symbol: $; code: CAD; french: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, there is no standard disambiguating form, but the abbreviation Can$ is often suggested by notable style guides for distinction from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a common loon on its reverse, the dollar coin, and sometimes the unit of currency itself, are sometimes referred to as the ''loonie'' by English-speaking Canadians and foreign exchange traders and analysts. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth-most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems. Histo ...
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Rona Inc
Rona, RONA or Róna may refer to: Places *Rona (Kristiansand), a neighbourhood in Kristiansand, Norway *Rona (river), a river in Maramureș County, Romania * Rona, Bellevue Hill, a historic house in the Sydney suburb of Bellevue Hill *Rona, Switzerland, a village *Rona, a village in Jibou town, Sălaj County, Romania *Rona, a peninsula/island of the Isle of May in Scotland * Rona de Jos and Rona de Sus, communes in Maramureș County, Romania * North Rona, a Scottish island in the North Atlantic *South Rona, a Scottish island in the Inner Hebrides *Tinizong-Rona, a Swiss municipality People Given name *Rona, a diminutive of the Russian male given name Aaron *Rona Ambrose (born 1969), former interim leader of the Conservative Party of Canada and Leader of the Opposition in the House of Commons *Rona Anderson (1926–2013), Scottish stage, film, and television actress *Rona Barrett (born 1936), American gossip columnist and businesswoman * Rona Coleman (active from 1970s), Austr ...
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Lowe's
Lowe's Companies, Inc. (), often shortened to Lowe's, is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada. As of February 2021, Lowe's and its related businesses operates 2,197 home improvement and hardware stores in North America. Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI. History The first Lowe's store, North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, that same year. Ja ...
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Home Improvement
The concept of home improvement, home renovation, or remodeling is the process of renovating or making additions to one's home. Home improvement can consist of projects that upgrade an existing home interior (such as electrical and plumbing), exterior (masonry, concrete, siding, roofing) or other improvements to the property (i.e. garden work or garage maintenance/additions). Home improvement projects can be carried out for a number of different reasons; personal preference and comfort, maintenance or repair work, making a home bigger by adding rooms/spaces, as a means of saving energy, or to improve safety. Types of home improvement While "home improvement" often refers to building projects that alter the structure of an existing home, it can also include improvements to lawns, gardens, and outdoor structures, such as gazebos and garages. It also encompasses maintenance, repair, and general servicing tasks. Home improvement projects generally have one or more of the following ...
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