RONA inc. is a distributor and a retailer of hardware, home improvement and gardening products in Canada. The Company has two business segments: distribution, and corporate and franchised stores. The distribution segment relates to the supply activities to affiliated, franchised and corporate stores. The corporate and franchised stores segment relates – more... to the retail operations of the corporate stores and the Company’s share of the retail operations of the franchised stores, in which the Company has an interest. The RONA network of consumer and specialized stores consists of 679 stores and more than 15 million square feet, excluding lumber yards. During the fiscal year ended December 30, 2007 (fiscal 2007), the Company acquired seven companies operating in the corporate and franchised stores segment. RONA expanded its network, during fiscal 2007, through new construction, opening 10 stores in Alberta, Ontario, Quebec and New Brunswick.
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