Rona Inc., a prominent hardware chain, has announced significant changes to its operational framework, aiming to enhance efficiency and reduce redundancies. As part of this strategic shift, the company is set to cut approximately 300 jobs and close two distribution centers, with the most substantial impact expected in the province of Quebec.
In an effort to streamline its operations, Rona will consolidate its activities, leading to the closure of a distribution center in Terrebonne, Quebec, slated for March, and another in Calgary, set to shut its doors in October. The consolidation, coupled with adjustments to the corporate structure, is anticipated to result in the elimination of around 300 positions on a national scale. A noteworthy aspect is that the majority of the job losses—specifically 180 positions—will be concentrated in Quebec, underlining the localized impact of these changes.
According to a statement provided to Radio-Canada, Rona clarified that Alberta would experience 25 job cuts, with a commitment to repositioning affected employees from the Calgary location to alternative distribution centers. The company emphasized that this strategic realignment is geared toward optimizing its core operations.
"This change will lead to the termination of our Terrebonne [centre's] regular operations in March 2024, and the closure of the Calgary [centre] located on 60th Street S.E. in October 2024," stated the company in an emailed communication.
These organizational adjustments come on the heels of the sale of Rona and Lowe's Canada stores by U.S. retailer Lowe's to private equity firm Sycamore Partners over a year ago. Under Sycamore's ownership, Rona had previously announced about 500 job cuts in June as part of its broader simplification efforts. Furthermore, the company has been in the process of converting Lowe's stores in Canada to its Rona+ brand, aligning with its evolving business strategy.
It's noteworthy that Rona Inc. currently boasts around 22,000 employees and operates approximately 425 stores under various banners, including Rona, Rona+, Reno-Depot, and Dick's Lumber. The company's commitment to adapting its operations reflects the broader trends in the retail sector, where companies continually reassess and adjust their strategies to stay competitive in a dynamic market environment.