Promising options ... Lets hope they can do it quickly as the promise ....
"Mr. Boies mentioned that big-box stores in Ontario were not doing as well as hoped. Selling those stores to Lowe’s might satisfy the American retailer’s interest in Canadian expansion, while allowing Rona to remain independent.
“It is part of the scenarios,” Mr. Chevrier said. “But we are looking at four or five of them, including closures [of stores] as there is overcapacity in the Ontario market. And Lowe’s is not the only party which could express an interest in those stores.”
“But whatever we will do, he added, we will do it quickly.”