Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres

Hardware chain Rona cutting 300 jobs, closing two distribution centres

Home improvement retailer is consolidating operations and will close distribution centres in Terrebonne, Que., and Calgary, with the job losses coming months after 500 job cuts last year following acquisition by private equity firm Sycamore Partners.

Rona cutting about 300 jobs, closing two distribution centres

The move comes after U.S. retailer Lowe's sold Rona, and its Lowe's stores in Canada, to private equity firm Sycamore Partners in late 2022.

Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres

BOUCHERVILLE, Que. — Rona Inc. says it's cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies.

Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres

BOUCHERVILLE, Que. — Rona Inc. says it's cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies.

Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres

BOUCHERVILLE, Que. — Rona Inc. says it's cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies.

Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres

BOUCHERVILLE, Que. – Rona Inc. says it’s cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies. The […]