Lowe’s will no longer have international stores, as it has agreed to sell its 15-year-old Canadian business for $400 million. The Mooresville-based home improvement retail giant has entered a ...

Lowe’s Canadian retail business operates under such brands as Rona, Lowe’s Canada, Réno-Dépôt and Dick’s Lumber Lowe’s Canada and Rona will operate as a standalone company based in Quebec Lowe’s ...

Lowe’s has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners for $400 million in cash plus a performance-based deferred consideration. The business, which ...

NEW YORK (AP) — Lowe's is expanding its footprint in Canada through the $2.3 billion acquisition of the home improvement retailer Rona. It's Lowe's second bid for the company, after an attempt several ...

North Carolina-based Lowe's announced Monday morning that it will be closing 20 stores across the country as well as an additional 31 stores in Canada. The company, based in Mooresville, said the ...

In another sign of the times for retail, Lowe's is closing 47 North American stores. Lowe's said Monday that those locations are underperforming and the decision will help the hardware chain focus on ...

CHARLOTTE — Home-improvement giant Lowe’s is offloading its Canadian retail business, including the Rona hardware chain it acquired in 2016 for a roughly twelvefold increase in its store count there.

The move to sell off its Canadian retail business is to help Lowe’s simplify its business model, according to CEO Marvin Ellison. “While this business represents approximately 7% of our full year 2022 ...

MOORESVILLE, N.C., Nov. 3, 2022 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced that it has entered into a definitive agreement to sell its Canadian retail business to Sycamore ...