Home Improvement Retail Robert Niblock

  • Feb 3- U.S. home improvement retailer Lowe's Companies Inc said it agreed to buy Canada's Rona Inc in a deal valued at C $3.2 billion, after its previous bid ran into opposition from the company, dealers and politicians in Quebec. Only 40 of Lowe's 1,850 stores in North America were located in Canada as of March. Rona has 700 stores across Canada, according to its...

  • NEW YORK— Lowe's is expanding its footprint in Canada with a $2.3 billion acquisition of the home improvement retailer Rona. Chairman and CEO Robert Niblock said in a written statement Wednesday that the acquisition gives Lowe's exposure in Quebec, a province of more than 8 million people, where Lowe's currently has no presence. Lowe's has had limited...

  • Orchard Goes Bankrupt; Lowe's Plays Stalking Horse Monday, 17 Jun 2013 | 7:11 AM ET

    Orchard Supply Hardware Stores has filed for Chapter 11 bankruptcy protection, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.

  • Lowe's seeks 2 senior executives Friday, 19 Oct 2012 | 11:49 AM ET

    NEW YORK-- Lowe's is seeking to hire two senior level executives that could play a role in its CEO succession plan. The No. 2 home improvement retailer is looking for a chief merchandising officer and a head of supply chain, two positions left vacant since Lowe's reorganized in May.