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Old 02-03-2016, 07:41 AM   #1
Ducay
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Default Lowe's to buy Rona

Pretty indifferent on this one. Hopefully they don't close the smaller (former Totem) stores.

Lowe's to buy Canadian rival Rona for $3.2B

http://www.cbc.ca/news/business/lowe...over-1.3431463

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U.S. home improvement chain Lowe's is buying Canadian rival Rona in a friendly takeover valued at $3.2 billion Cdn.

The boards of both companies unanimously approved the transaction, they said in a news release early Wednesday.
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Old 02-03-2016, 07:44 AM   #2
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And then there were 2....
Ya, hope the one on Edmonton Trail stays open. Otherwise my quick runs to the hardware store turn into epic time wasters....
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Old 02-03-2016, 07:53 AM   #3
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They tried to buy them for less back in 2012... Rona closed a bunch of stores in the meantime and ends up getting a much higher price.
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Old 02-03-2016, 08:06 AM   #4
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Meh, I've been to Lowes once... they opened a new one and I needed a door. All the staff stood around talking to each other ignoring the customers.

I left, went to Home depot and never went back.
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Old 02-03-2016, 08:10 AM   #5
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Originally Posted by -TC- View Post
Meh, I've been to Lowes once... they opened a new one and I needed a door. All the staff stood around talking to each other ignoring the customers.

I left, went to Home depot and never went back.
So the Rona staff should fit right in.
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Old 02-03-2016, 08:10 AM   #6
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Meh, I've been to Lowes once... they opened a new one and I needed a door. All the staff stood around talking to each other ignoring the customers.

I left, went to Home depot and never went back.
That's been my experience too. The decimation of retail choice continues.....
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Old 02-03-2016, 08:24 AM   #7
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It hasn't been the same since...

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Old 02-03-2016, 08:35 AM   #8
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I have found some of my best deals at Lowes, but ya, the service has sucked.
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Old 02-03-2016, 08:40 AM   #9
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Originally Posted by PeteMoss View Post
They tried to buy them for less back in 2012... Rona closed a bunch of stores in the meantime and ends up getting a much higher price.
It's about the same price considering the currency.

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I have found some of my best deals at Lowes, but ya, the service has sucked
It's amazing how the service a Home Depot snapped into shape the second Lowe's opened. I remember walking into an HD thinking I was being followed like a potential shop lifter...."What do you mean 'Can you help me find something?' I can pay for these screws dude."
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Old 02-03-2016, 08:43 AM   #10
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Ive never had that experience at HD. Cannot stand the place. I suppose we each have our preferences. I am sadden to hear of Rona being bought out. I have been pretty loyal to them

Not sure what I will do now - If Timbertown would get their S together and start carrying everything maybe I'd be happier.
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Old 02-03-2016, 08:46 AM   #11
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I can't say I've ever had good service at any of them (Lowe's, Rona, or Home Depot). It always seems like a hunt just to find anyone.
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Old 02-03-2016, 08:52 AM   #12
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I never saw a real tangible difference between the 3. The same low-quality Chinese crap and non-existent service at all of them (the odd older guy who seems to know what he's doing is always swamped with people).
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Old 02-03-2016, 08:54 AM   #13
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Hopefully they close the Rona in Westhills. That place is brutal.

For those in that part of town, I believe a Lowe's is going into the old Target.
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Old 02-03-2016, 08:57 AM   #14
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Not sure what I will do now - Maybe Timbertown should get their S together and start carrying everything maybe I'd be happier.
You're hired as the new company purchaser, but I can't pay you anything. However you get to buy all the stuff you need.
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Old 02-03-2016, 08:58 AM   #15
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You're hired as the new company purchaser, but I can't pay you anything. However you get to buy all the stuff you need.

An Internship!
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Old 02-03-2016, 09:03 AM   #16
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Quote:
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Not sure what I will do now - If Timbertown would get their S together and start carrying everything maybe I'd be happier.
Just wanted to also give a shout out to Cedar Shop- staffed by our very own Cedar Meter. http://cedarshop.com/

I got all of my PT wood from him for the fence, and will be getting the deck as well. Pricing was competitive with the big 3, service was a lot better. Same with the quality of the wood. I think I may have had 2 or 3 bad fence boards out of 400.

So there are other options out there.
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Old 02-03-2016, 09:19 AM   #17
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Dat stock price jump....
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Old 02-03-2016, 09:20 AM   #18
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As long as the old Totems keep the popcorn machine!
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Old 02-03-2016, 09:24 AM   #19
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Last week I purchased my first item at Lowes online and then picked it up at the store. This has made my shopping experience at Lowes infinitely better. Strongly recommend
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Old 02-03-2016, 09:25 AM   #20
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I thought Rona Ambrose was being purchased.
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