Bruce quoted in CBC article discussing Lowe's/Rona closing stores.
Bruce Winder was quoted in The Globe & Mail and on MSN Money. Bruce Winder, partner at Retail Advisors Network, said the deal looks good on the surface for both companies, noting that the Canadian do-it-yourself market is not big enough in the long term for three players – Home Depot, Lowe’s and Rona.
Bruce Winder from Retail Advisors Network™ quoted by CBC in written portion of story. "Don't underestimate time and disruption in operations before they get their 'A' game on collectively."
This week’s big retail news story consisted of the marriage of two former competitors within the Canadian heavy DIY (Do-It-Yourself)market. Lowe’s took advantage of the weak Looney and added RONA to its shopping cart for a cool $ 3.2 Billion CDN.Read more