Hardware chain Rona cuts 300 jobs and closes two distribution centers

[ad_1]

Rona Inc. says it will cut about 300 jobs and close two distribution centers as part of a plan to adjust its operating model and eliminate inefficiencies.

The home improvement retailer says it will consolidate operations in its main buildings, closing a distribution center in Terrebonne, Quebec, in March and another in Calgary in October.

The closure of the centers, along with the streamlining of the company’s structure, will result in about 300 job losses nationwide, Rona said.

In a press release sent to Radio-Canada, the company specifies that 180 of the affected jobs are in Quebec.

Alberta will see 25 job losses, with employees at the Calgary site repositioned to another distribution center, Rona told CBC News.

“This change will result in the cessation of our regular Terrebonne (central) operations in March 2024, and the closure of our Calgary (central) operation located on 60th Street SE in October 2024,” the company wrote in a press release sent by e-mail.

The moves come just over a year after U.S. retailer Lowe’s sold its Canadian retail operations – including Rona and Lowe’s Canada stores – to private equity firm Sycamore Partners.

Under Sycamore’s leadership, the company has already announced about 500 job cuts in June as part of its simplification efforts and converted its Lowe’s stores in Canada to its Rona+ brand.

The company claims to have approximately 22,000 employees and some 425 stores under its Rona, Rona+, Réno-Dépôt and Dick’s Lumber banners.

Source link

Scroll to Top