Rona closes 10 big box stores

Rona Inc. will close 10 big box stores across Canada in the face of declining sales and the lingering impact of the collapse of 2008.  It will replace the stores to be closed with smaller units in an attempt to get closer to customers and somehow beat off Home Depot and Lowes.  Some 23 of Rona’s 800 stores will be affected by the company’s 2012 business plan, through closure, reductions in selling space or replacement by new 35,000 square feet “proximity” units.