Rona Rona: Get 50 - 90% off Clearance Painting Supplies Get 50 - 90% off Clearance Paint Supplies at Rona

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    • Lowe’s (US corporate) used to own all of those stores in Canada. I don’t think they were doing too well in Canada in comparison to competitors like Home Depot. They sold all Canadian stores (at a huge loss) to a PE firm. My guess is that the new ownership is clearing out old stock and seasonal items to boost immediate cash flow. We’ll likely see some store closures and restructuring and hopefully some deals in the process…just speculating, but I guess we’ll see what they do!
      I have been wondering also for the past couple of weeks why all the clearance items, and tonight I went in to get my garden hoses from another deal - and I spotted inventory tags on many items in the store. So I think you hit the nail with what's going on. Could be getting rid of seasonal items - and also I would think maybe certain brands might be dropped, because I see huge discounts on some brands.

      Also starting to see store specific reductions happening lower than what corporate is having the prices set at.
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    • Lowe's bought Rona Inc. in 2016 in a deal valued at $3.2 billion Cdn, or about $2.4 billion US, that at the time it said was a key step in accelerating its growth strategy.
      Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for $400 million US plus a performance-based deferred consideration.

      Nice business model.
      Yeah, sounds like a very expensive oops 😬 Similar to Target in Canada I guess! In other strange retail news, apparently Zellers is being reincarnated within some
      HBC stores 😖
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    • Lowe’s (US corporate) used to own all of those stores in Canada. I don’t think they were doing too well in Canada in comparison to competitors like Home Depot.
      Lowe's bought Rona Inc. in 2016 in a deal valued at $3.2 billion Cdn, or about $2.4 billion US, that at the time it said was a key step in accelerating its growth strategy.
      Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for $400 million US plus a performance-based deferred consideration.

      Nice business model.
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    • What's with all the liquidation happening at Lowe's/Rona/Reno... Are they hurting or going out of business soon?
      Lowe’s (US corporate) used to own all of those stores in Canada. I don’t think they were doing too well in Canada in comparison to competitors like Home Depot. They sold all Canadian stores (at a huge loss) to a PE firm. My guess is that the new ownership is clearing out old stock and seasonal items to boost immediate cash flow. We’ll likely see some store closures and restructuring and hopefully some deals in the process…just speculating, but I guess we’ll see what they do!
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    • Will give it a pass, wife will not allow this purchase.
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    • What's with all the liquidation happening at Lowe's/Rona/Reno... Are they hurting or going out of business soon?
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    • Thanks OP, painting is a never ending project... can never have too many brushes, rollers and trays.
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    • Lol sorry, I meant what is 90% off? At least on rona.ça, I don’t see any.
      discounts vary by store , you need to search each store near you to see what is on clearance, takes some work

      .
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    • Lol sorry, I meant what is 90% off? At least on rona.ça, I don’t see any.
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    • What is 50% off?
      uhhhh... Painting supplies?
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