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RONA inc. Cumulative Floating Rate Series 7 Class T.RON.PR.B



TSX:RON.PR.B - Post by User

Post by Lateniteon Feb 23, 2012 4:06pm
386 Views
Post# 19575719

Rona closing 10 big box stores in Canada

Rona closing 10 big box stores in Canada

--  In 2012 and 2013, redeploying the sales volume of 10 big-box stores
        to 15 new proximity stores that have an average area of 35,000
        square feet and to 10 new satellite stores of 5,000 to 20,000 square
        feet based on the model successfully tested in 2011 in Georgetown,
        Ontario and Granby, Quebec. These stores will be closed when the
        redeployment of the sales volume has been completed.

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