Lowe's is making major moves in Canada with the $2.3 billion purchase of RONA Inc., a Canadian home improvement retailer and distributor.
Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.
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Expansion Strategies for Today’s Risk-Averse Retailers
While the United States continues to experience slow, yet steady economic growth, the future of the domestic retail industry remains unclear as businesses are forced to adapt to a world where consumers are more cost-conscious than ever before. Amidst this challenging climate, retailers must be smarter at understanding their customers, products and the experiences they offer.
Revisiting Brand and Revenue Expansion Strategies
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Restaurant chain to stay in the fast lane with expansion
Newk’s Eatery is on track with its plans to double in size in the next three years.
The Jackson, Mississippi-based fast-casual chain entered six new markets and increased its store count by 27% in 2015, opening 20 new locations. It currently operates 96 eateries in 13 states.

