Réno-Dépôt
TypeSubsidiary
IndustryHome improvement
Founded
Headquarters220 Ch. du Tremblay, Boucherville, QC J4B 8H7
Number of locations
20
Key people
Robert Dutton - President and CEO
André H. Gagnon - Chairman
ProductsRetail (Home improvement)
OwnerRona, Inc.
ParentKingfisher plc (1998–2003)
Rona, Inc. (2003–2016, 2023–present)
Lowe's Canada (2016–2023)
Websiterenodepot.com

Réno-Dépôt (known as Reno-Depot outside of Quebec) is a Canadian chain of home supply stores owned by Rona, Inc. Primarily operating in Quebec, Réno-Dépôt is a warehouse-styled format with a focus on discounted renovation and household hardware products. The chain briefly expanded into Ontario under the name The Building Box; following Rona's acquisition of Réno-Dépôt, these stores were re-branded as Rona Home & Garden locations.

History

Réno-Dépôt in Sainte-Foy, Quebec

In 1987, Groupe Val Royal entered into a strategic agreement with the Molson Companies and acquired the Castor Bricoleur stores, located in Québec. These stores became Brico Centres. In 1992, Groupe Val Royal, with its partner Aikenhead's, a division of the Molson Companies, announced the creation of Réno-Dépôt warehouse stores.[1] The first location opened in Brossard. After the Brossard store, Montréal welcomed its first branch location in August 1993, in Anjou. In 1994, two other stores opened their doors: Laval and Pointe-Claire, followed by Marché Central (Montréal) and Québec in 1995. That same year, the company changed its name to Réno-Dépôt. In 1996, a new location was established in Saint-Hubert.

In 1997, the two majority shareholders of Réno-Dépôt Inc., the Michaud family and Molson Companies Limited, sold their interest in the company to the French group Castorama.[1][2] In 1998, the British group Kingfisher plc acquired a large block of shares from Castorama to become the majority shareholder. In 1999, Réno-Dépôt opened a location in LaSalle and, the following year, entered the Ontario market under the English-language banner The Building Box.

In 2003, Rona Inc. acquired Réno-Dépôt;[1] following the merger, the Ontario-based Building Box stores were re-branded as Rona Home & Garden. The purchase was part of a plan to establish more "big box" stores to accompany its smaller specialty outlets and compete with the U.S.-based chain The Home Depot.[3]

In 2013, in the wake of cuts across the company, the Réno-Dépôt chain was re-positioned as a discount wholesale-focused banner with a reduced product selection.[4] In 2015, Rona announced that the brand would expand outside of Quebec with the re-opening of shuttered Rona locations in Calgary and Aurora, Ontario as Reno-Depot.[5] However, both locations were announced for closure in 2018 and 2019 respectively, leaving the chain once again restricted to Quebec.[6][7]

References

  1. 1 2 3 4 5 Marc Tisson. "17 FÉVRIER 1987 - VAL ROYAL OUVRIRA DEUX AUTRES BRICO ET PRÉPARE L'ACQUISITION D'UNE MINI-CHAÎNE EN RÉNOVATION". La Presse (Montreal) (in French).
  2. ↑ "Val Royal ouvrira deux autres Brico". La Presse+ (in French). 2018-07-27. Retrieved 2022-09-30.
  3. ↑ "Rona focuses on three store sizes to take on Home Depot". The Globe and Mail. Retrieved 3 February 2016.
  4. ↑ "Rona closing 11 stores in Ontario, B.C., cutting more jobs". The Globe and Mail. Retrieved 3 February 2016.
  5. ↑ "Rona to expand in 2015 by opening Reno-Depot stores in Alberta, Ontario". Canadian Press. Retrieved 3 February 2016.
  6. ↑ rjoseph1 (November 5, 2018). "MAP: These are the Rona and Lowe's stores closing by February". Global News. Retrieved April 13, 2023.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. ↑ Zangouei, Aileen (November 21, 2019). "VIDEO: Reno-Depot in Aurora 1 of 34 'underperforming' stores Lowe's Canada closing". Aurora Banner. Retrieved April 13, 2023.
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