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Nov 20, 2019 · Becoming Rona in 1960 -- the title derives from the first-name letters of founders Rolland Dansereau and Napoleon Piotte -- the company found itself under siege by a hostile bid from Lowe's in...
Nov 20, 2019 · Becoming Rona in 1960 — the title derives from the first-name letters of founders Rolland Dansereau and Napoleon Piotte — the company found itself under siege by a hostile bid from Lowe’s in 2012...
- 'Rona's Entire History Is Rooted in Canada'
- 'Where Does The Ownership Lie?'
- 'An Active Canadian Corporate Citizen'
The Ad Standards council made an initial ruling on the advertising last January after receiving two complaints from members of the public. RONA appealed the decision, which was upheld by a second council. In a statement to the CBC, the company said that although it "strongly disagrees" with the decision, the signs have been removed from stores acro...
Marketing expert Alan Middleton says the rules are fairly clear-cut around corporate Canadian-ness. "Where does the ownership lie?" said Middleton, with York University's Schulich School of Business. "And if the majority ownership and the decision-making around that ownership and the profits lie out of Canada, then they legitimately cannot say they...
By comparison, Middleton points to Tim Hortons: The coffee chain is majority-owned by Brazil-based 3G Capital, but structured in a way that allows the company to say it is Canadian. "You still may have foreign shareholders and you send out money, but that decision and the accounts and the income statement are approved in Canada by an auditor in Can...
It was October 6, 1939, when a group of hardware stores founded Les Marchands en Quincaillerie ltée to get around a monopoly that was threatening their supply chain. Their mission was to combine their orders to get better prices. A few years later, Rolland Dansereau and Napoléon Piotte took control of the company, which became Groupe RONA inc. 1960
Feb 3, 2016 · Years later, Rolland Dansereau and Napoleon Piotte took control of the company and renamed it Rona — a combination of the first syllables of their names. It has since grown to nearly 500 stores...
Nov 20, 2019 · Becoming Rona in 1960 — the title derives from the first-name letters of founders Rolland Dansereau and Napoleon Piotte — the company found itself under siege by a hostile bid from Lowe’s in 2012 that set off a political storm in Quebec.
Nov 9, 2012 · 1962 — Hardware store operators led by Napoleon Piotte buy Les Marchands, installing the co-operative system still favoured by Rona’s management.
