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RONA celebrates its 75th anniversary.

RONA Inc. turned 75 last month and throughout October, special promotions and activities were planned to celebrate the anniversary in all RONA stores across the country.

The company began in 1939, when half a dozen dealers created Les Marchands en Quincaillerie Itee to get around a monopoly that was threatening their supply chain. Their mission at the time is still relevant today: to combine orders to obtain the best prices. A few years later, Rolland Dansereau and Napoleon Piotte took control of the company, and in 1960 they formed Ro-Na, creating the new name using the first syllables of their own first names.

In 1988, Ro-Na merged with Dismat, another group that was working mainly in construction materials, and became Ro-Na Dismat. The 1990s was the era of big box stores, ushering in RONA Lentrepot.

The first decade of 2000 saw rapid growth for RONA, as it made acquisitions, built new stores, and recruited new dealer-owners. In 2002, RONA went public. Most recently, RONA formed a master licensing agreement for the Ace Hardware brand in Canada. Today, the company is Canada's largest home improvement retailer as measured by sales at retail, with a network of more than 500 corporate, franchise, and affiliate stores.

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Title Annotation:NEWSMAKERS; RONA Retail Canada Inc
Publication:Hardware Retailing
Article Type:Brief article
Date:Nov 1, 2014
Words:203
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