know that distribution has always been core to Rona and that

Canada Goose Jackets Rona says will sell assets Canada Goose Jackets

buy canada goose jacket Dec 6 (Reuters) Canadian hardware retailer and distributor Rona Inc will sell assets and canada goose coats simplify its operations as part of a back to its roots strategy designed Canada Goose Online to turn its fortunes around, the company interim chief canada goose clearance executive said Canada Goose Jackets on Thursday. buy canada goose jacket

canada goose Dominique Boies, buy canada goose jacket who took the reins at Rona following last month exit of long cheap jackets canada goose uk time CEO Robert cheap Canada Goose Dutton, said he plans to Canada Goose Parka bring profit margins in line uk canada goose with industry standards with canada goose store his changes, which Canada Goose online will shift the company focus back to its roots as a hardware distributor. canada goose

canada goose clearance sale Rona, Canada largest distributor and retailer of hardware, home renovation and canada goose coats on sale gardening products, has grown through a series of strategic acquisitions. giants Home Depot and Lowe Cos Inc. Earlier this year it was the target of an unsolicited C$1.8 billion uk canada goose outlet ($1.8 billion) takeover proposal from Lowe canada goose clearance sale

canada goose coats Lowe withdrew its proposal in mid September in the face of stiff canada goose uk shop opposition from both provincial Canada Goose Coats On Sale politicians in Quebec and from many of Rona independent dealers. canada goose coats

Canada Goose online Dutton stepped down Canada Goose Outlet early last month, soon after the company announced another quarter of disappointing results. company canadian goose jacket proposal earlier this year. Canada Goose online

canada goose black friday sale NEW DIRECTION Boies acknowledged canada goose factory sale that the canada goose clearance sale company operations have become too complex. are really trying to assess the true performance and true potential of all of our businesses, he said. know that distribution has always been core to Rona and that it is a high performing business. canada goose black friday sale

buy canada goose jacket cheap He said Rona plans to simplify its business model and boost its focus on distribution as it disposes of non core assets and redeploys Canada Goose sale capital. buy canada goose jacket cheap

Canada Goose Outlet The company will offer quarterly updates on its initiatives and performance, and Boies said he will meet with investors and stakeholders in canada goose coming weeks to discuss Rona strategic and financial priorities. Canada Goose Outlet

cheap Canada Goose Last month, following the disappointing results, Invesco Canada Ltd, one of Rona largest investors, called for the removal of the company board. cheap Canada Goose

canada goose clearance Boies said Invesco has refused to engage in discussions with the company since it issued a release on Nov. canada goose uk outlet 14 disclosing its intent to requisition a meeting of Rona shareholders. canada goose clearance

canada goose store He said Rona remains open to canada goose uk black friday discussions with Invesco and it has even asked Invesco, which controls about 10.16 percent of the company shares, for potential nominees to fill two vacant seats on its board. canada goose store

Canada Goose sale Shares in Rona were buy canada goose jacket cheap up 3.1 percent at canada goose black friday sale C$10.46 in midday trading on the Toronto Stock Exchange on Thursday Canada Goose sale.

Geef een antwoord

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *