RONA INC.
TSX : RON

RONA INC.

September 02, 2010 09:00 ET

RONA to Invest Close to $50 Million in the Construction of Two New Stores in Vaudreuil and Sainte-Foy

New stores will bear the Reno-Depot banner and will be LEED compliant

BOUCHERVILLE, QUEBEC--(Marketwire - Sept. 2, 2010) - RONA inc. (TSX:RON), the largest Canadian distributor and retailer of hardware, renovation and gardening products, has officially announced the construction of two new 100,000-square-foot Réno-Dépôt stores, for a total investment of close to $50 million. The new store in Vaudreuil will be located at 3010 boulevard de la Gare. The Sainte-Foy store will be at 3131 avenue Blaise-Pascal, at the junction of the Duplessis (A-540) and Félix-Leclerc (A-40) highways. The locations of both sites were carefully chosen to allow RONA to serve customers better and expand our share of the Quebec market. Together the two new stores will create some 200 new jobs in Quebec.

"RONA is proud to be expanding our network by opening the 17th and 18th Réno-Dépôt stores in Vaudreuil and Sainte-Foy. Both stores are part of the new generation of Réno-Dépôts, with all the advantages that make the banner so popular – especially competitive prices and a wide variety of products in every product category – all bundled into an efficient new environment that feels friendlier," explained RONA executive vice president of store operations Pierre Dandoy.

These investments reflect RONA's integrated development strategy, which includes the consolidation of high-potential markets by opening new stores and developing RONA's network of affiliate dealer-owners, acquisitions and customer growth. The integration of these development activities will lead to faster, more profitable growth of the RONA store network across the country.

The Vaudreuil store, where construction work has already begun, will open in spring 2011. Operations in the region will be closely examined to make the most of local consolidation opportunities. Construction on the Sainte-Foy store will begin shortly, and the store is expected to open in summer 2011.

Seeking LEED certification (Leadership in Energy and Environmental Design)

Both Réno-Dépôt stores will be built using LEED criteria for new buildings, and both are expected to receive LEED certification. "By reducing the environmental footprint of our new stores, we are keeping RONA's impact on the environment to a minimum. The stores will offer the residents of Vaudreuil and Sainte-Foy a hardware outlet that respects the environment as much as they do," Dandoy added.

The evaluation criteria include measures to protect air quality, such as using low-emission materials in the construction (paint, adhesives and waterproofing materials), as well as steps to reduce energy consumption, such as an energy-efficient roofing system, additional insulation in the building envelope, T-5 compact fluorescent lighting, a high-end lighting control system (movement detectors), timers to adjust the lighting, air conditioning and heating throughout the day, and low-flow sanitation equipment.

Lumber from certified forests and locally manufactured materials will be used to build the stores. Bike racks, changing rooms and showers will be installed to encourage employees to cycle or walk to work.

About RONA

The Réno-Dépôt banner is part of the RONA network. Réno-Dépôt has 16 stores in Quebec. RONA is the largest Canadian distributor and retailer of hardware, renovation and gardening products. RONA operates a network of nearly 700 corporate, franchise and affiliate stores of various sizes and formats. With close to 30,000 employees working under its family of banners in every region of Canada and more than 16 million square feet of retail space, the RONA store network generates over $6 billion in annual retail sales. For more information, please visit www.rona.ca.

Contact Information

  • Media
    RONA inc.
    Daniel Richard
    Director, Corporate Communications
    514-599-5900, ext. 5751
    daniel.richard@rona.ca
    or
    Financial Community
    RONA inc.
    Stephane Milot
    Senior Director, Investor Relations
    514-599-5951
    stephane.milot@rona.ca